# Interest Protocol Overview 

**Published by:** [supguys.eth](https://paragraph.com/@supguys/)
**Published on:** 2024-09-09
**URL:** https://paragraph.com/@supguys/interest-protocol-overview

## Content

What is the foundation of Interest Protocol? Interest Protocol operates as a decentralized exchange (DEX) and lending platform. It allows liquidity providers to access stablecoin loans at no cost, helping to mitigate impermanent loss. Our DEX features two distinct trading algorithms: one tailored for volatile assets like BTC and ETH, and another designed for correlated assets such as BUSD and USDC.What are the marketing strategies? Initially, our team concentrated on product development. Now, we are shifting our focus towards attracting more capital and enhancing our marketing efforts. Our current strategy includes launching a Liquidity Provider program, collaborating with partners in the Sui Ecosystem to promote our initiatives, and engaging with influential figures to keep the community updated as we prepare for the IPX token's TGE.Will there be an airdrop? We previously conducted an initial airdrop to reward early community members who supported the project and provided valuable feedback while testing our DApp on the Sui Devnet. We are now planning a new campaign aimed at those who contribute liquidity, trade, and promote Interest Protocol on social media. You can find all the details here: https://www.interestprotocol.com/campaign/liquidityWhat partnerships have been established? We have forged strong connections with industry leaders and key influencers. We are in discussions with the Sui chain operations team to attract more users. You can view our partners on our landing page: https://www.interestprotocol.com/What are the practical applications? We aim to develop a mobile application that enables everyday users to open savings accounts backed by DeFi stablecoins.What about tokenomics? IPX Governance Tokenomics Total supply: 1 billionLiquidity incentives: 40%Treasury: 19%Team: 15%Seed Round: 5%Private Round: 5%Security Fund: 5%Liquidity: 4%Airdrop: 3%Public Sale: 2%Advisors: 2%Public sale price per IPX: $0.04

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