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        <title>Elijah | Loxodrome</title>
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        <description>BD &amp; MKT Head at Loxodrome</description>
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            <title><![CDATA[Loxo4DePIN Campaign Rules]]></title>
            <link>https://paragraph.com/@elijah-loxodrome/loxo4depin-campaign-rules</link>
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            <pubDate>Tue, 29 Oct 2024 12:53:34 GMT</pubDate>
            <description><![CDATA[Campaign Period:October 30th, 2024 – January 29th, 2025Total Rewards:$veLOXO (Total: 7M $veLOXO):Perpetual Trading: Up to 3.5M $veLOXOAdding Perpetual Liquidity (Stake LOXOLP token): Up to 2M $veLOXOSwap Trading: Up to 0.5M $veLOXOAdding AMM Liquidity Pool (Stake LP token): Up to 1M $veLOXO$IOTX (Up to 100M, valued around 4M USD):During IoTeX’s Goat Season 2, users can earn BinoBits (BB points) by completing interactive tasks. At the campaign&apos;s end, $IOTX rewards will be distributed prop...]]></description>
            <content:encoded><![CDATA[<h1 id="h-campaign-period" class="text-4xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0"><strong>Campaign Period:</strong></h1><p>October 30th, 2024 – January 29th, 2025</p><h1 id="h-total-rewards" class="text-4xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0"><strong>Total Rewards:</strong></h1><ul><li><p><strong>$veLOXO (Total: 7M $veLOXO):</strong></p><ul><li><p>Perpetual Trading: Up to 3.5M $veLOXO</p></li><li><p>Adding Perpetual Liquidity (Stake LOXOLP token): Up to 2M $veLOXO</p></li><li><p>Swap Trading: Up to 0.5M $veLOXO</p></li><li><p>Adding AMM Liquidity Pool (Stake LP token): Up to 1M $veLOXO</p></li></ul></li><li><p><strong>$IOTX (Up to 100M, valued around 4M USD):</strong></p><ul><li><p>During IoTeX’s Goat Season 2, users can earn BinoBits (BB points) by completing interactive tasks. At the campaign&apos;s end, $IOTX rewards will be distributed proportionally based on the amount of BinoBits each user has earned.</p></li><li><p>Reward distribution details:</p><ul><li><p>The top 40% of users by BinoBits (BB points) will share 50 million $IOTX, distributed based on the proportion of BinoBits (BB points) they hold relative to the total BinoBits (BB points) earned by the top 40%.</p></li><li><p>The remaining 60% of users will share 50 million $IOTX, distributed based on the proportion of BinoBits they hold relative to the total BinoBits earned by the remaining 60%.</p></li></ul></li></ul></li></ul><h1 id="h-how-to-earn" class="text-4xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0"><strong>How to Earn:</strong></h1><ol><li><p><strong>Perpetual Trading</strong></p><ul><li><p><strong>Rewards:</strong> $IOTX (BB points) &amp; Up to 3.5M $veLOXO</p></li><li><p><strong>How to Earn:</strong></p><ul><li><p><strong>$veLOXO:</strong> For every $100 traded on Loxodrome perp, you will earn 2 $veLOXO.</p></li><li><p><strong>BB points:</strong> Earned based on transaction volume and the number of interactions.</p></li></ul></li><li><p><strong>Perpetual Trade:</strong> <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://perp.loxodrome.xyz">perp.loxodrome.xyz</a></p></li></ul></li><li><p><strong>Adding Perpetual Liquidity (Stake LOXOLP token)</strong></p><ol><li><p><strong>Rewards:</strong> $IOTX (BB points) &amp;  Up to 2M $veLOXO</p></li><li><p><strong>How to Earn:</strong></p><ol><li><p><strong>$veLOXO:</strong> For every 100 LOXOLP tokens Staked for 24 hours, you will earn 8 $veLOXO.</p></li><li><p><strong>BB points:</strong> Earned based on the volume of staking LOXOLP tokens and interactions.</p></li></ol></li><li><p><strong>Stake LOXOLP token:</strong> <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://perp.loxodrome.xyz/#/pools">perp.loxodrome.xyz/#/pools</a></p></li></ol></li><li><p><strong>Swap Trading</strong></p><ol><li><p><strong>Rewards:</strong> Up to 0.5M $veLOXO</p></li><li><p><strong>How to Earn:</strong></p><ol><li><p><strong>$veLOXO:</strong> Earned by swapping on Loxodrome. The veLOXO airdrop will be distributed across multiple sectors based on trading fees.</p></li><li><p><strong>BB points:</strong> Earned based on transaction volume and interactions.</p></li></ol></li><li><p><strong>Swap:</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://dapp.loxodrome.xyz/loxoairdrop"> </a><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://dapp.loxodrome.xyz/swap">dapp.loxodrome.xyz/swap</a></p></li></ol></li><li><p><strong>Adding AMM Liquidity Pool (Stake LP token)</strong></p><ol><li><p><strong>Rewards:</strong> Up to 1M $veLOXO</p></li><li><p><strong>How to Earn:</strong></p><ol><li><p><strong>$veLOXO:</strong> Earned by staking LP tokens on Loxodrome.</p></li><li><p><strong>BB points:</strong> Earned based on the volume of staked LP tokens and interactions.</p></li></ol></li><li><p><strong>Stake LP token:</strong> <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://dapp.loxodrome.xyz/liquidity">dapp.loxodrome.xyz/liquidity</a></p></li></ol></li><li><p><strong>How to Earn BinoBits (BB points)</strong></p><ol><li><p><strong>Interaction Reward:</strong></p><ol><li><p><strong>Earn 5 BB points:</strong> per perpetual trade (open or close position) or swap.</p></li><li><p><strong>Daily Limit:</strong> 50 BB points per address.</p></li><li><p><strong><em>Example:</em></strong> Swapping 7 times and perp trading 5 times in one day earns a maximum of 50 BB points in interaction rewards.</p></li></ol></li><li><p><strong>Perpetual Trading Reward:</strong></p><ol><li><p><strong>Earn 0.35 BB points:</strong> for every 1 USDT traded (or equivalent value in other tokens).</p></li><li><p><strong>No Limit:</strong> Unlimited BB points can be earned here.</p></li><li><p><strong><em>Example:</em></strong> Perpetual trading 10 $ioUSDT with 10x leverage earns 35 BB points (0.35 BB * 10 ioUSDT * 10 Leverage).</p></li><li><p><strong>Perpetual Trade:</strong> <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://perp.loxodrome.xyz">perp.loxodrome.xyz</a></p></li></ol></li><li><p><strong>Adding Perpetual Liquidity (Stake LOXOLP token) Reward:</strong></p><ol><li><p><strong>Earn 1 BB point:</strong> by staking LOXOLP tokens, valued as 1 USDT, for 24 hours.</p></li><li><p><strong>No Limit:</strong> Unlimited BB points can be earned here.</p></li><li><p><strong><em>Example:</em></strong> Staking LOXOLP token, valued as 1 USDT, for 240 hours earns 10 BB points.</p></li><li><p><strong>Stake LOXOLP token:</strong> <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://perp.loxodrome.xyz/#/pools">perp.loxodrome.xyz/#/pools</a></p></li></ol></li><li><p><strong>Swap Trading Reward:</strong></p><ol><li><p><strong>Earn 0.35 BB points:</strong> for every 1 USDT swapped (or equivalent value in other tokens) in these pairs (ioUSDT/WIOTX, ioETH/WIOTX, uniIOTX/WIOTX).</p></li><li><p><strong>No Limit:</strong> Unlimited BB points can be earned here.</p></li><li><p><strong><em>Example:</em></strong> Swapping 10 $ioUSDT to $IOTX earns 3.5 BB points ( 0.35 BB points * 10 ioUSDT).</p></li><li><p><strong>Swap:</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://dapp.loxodrome.xyz/loxoairdrop"> </a><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://dapp.loxodrome.xyz/swap">dapp.loxodrome.xyz/swap</a></p></li></ol></li><li><p><strong>Adding AMM Liquidity Pool (Stake LP token) Reward:</strong></p><ol><li><p><strong>Earn 1 BB point:</strong> by staking LP tokens, valued as 1 USDT, for 24 hours.</p></li><li><p><strong>No Limit:</strong> Unlimited BB points can be earned here.</p></li><li><p><strong><em>Example:</em></strong> Staking LP token, valued as 1 USDT, for 240 hours earns 10 BB points.</p></li><li><p><strong>Stake LP token:</strong> <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://dapp.loxodrome.xyz/liquidity">dapp.loxodrome.xyz/liquidity</a></p></li></ol></li></ol></li></ol><h1 id="h-connect-with-loxodrome" class="text-4xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0"><strong>Connect with Loxodrome!</strong></h1><p>For questions, join our social groups:</p><p>Discord: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://discord.gg/grquTmchtH">discord.gg/grquTmchtH</a></p><p>Telegram: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://t.me/loxodrome_xyz">t.me/loxodrome_xyz</a></p>]]></content:encoded>
            <author>elijah-loxodrome@newsletter.paragraph.com (Elijah | Loxodrome)</author>
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