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All CollectionsNEW! Primex Rewards Program
How to earn in the Primex Rewards Program as a Lender
How to earn in the Primex Rewards Program as a Lender
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Written by Primex Finance
Updated over 2 months ago

During the Rewards Program, Lenders can earn both Points and PMX tokens based on their activities. Points are later converted into PMX.
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Read the full rules of rewards distribution in this docs section.

Fixed-Term Deposits

As a Lender, you can earn PMX via a Primex feature called Fixed-Term Deposits. As part of this functionality, you can deposit assets into a Bucket and lock it for a specified period (currently either three or six months). In exchange, you will receive additional PMX rewards based on the amount of contributed tokens and deposit duration. PMX rewards will be gradually accumulated through the deposit term, but claimable at any point. You will also earn interest on the supplied funds, which you will be able to withdraw, along with your deposit, at the end of the locking period.

In addition to new deposits, you can also convert existing deposits into fixed-term deposits to take advantage of additional PMX rewards. You can now perform this conversion in a single action without having to withdraw your funds from Buckets to access this feature.

Fixed-term deposits are available on the Buckets page.

Standard Deposits

While fixed-term deposits will generate additional PMX rewards, standard deposits with no locking periods enable you to earn Points based on the amount of supplied assets and the length of the deposit period.

This means that you can maximize your earned Points by contributing more total value locked (TVL) and for longer terms into Buckets.

How to deposit to Credit Buckets

We have a detailed guide on earning as a Lender in our dedicated guide you can access via this link.

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