Primex has launched a new Rewards Program to boost ecosystem activity and engagement, with 30,000,000 PMX reserved for distribution. 3,000,000 ePMX has been allocated to fund rewards for the first phase of fixed-term deposits and 27,000,000 PMX has been reserved to incentivize lenders, traders, and farmers, with a portion of these rewards distributed in 3-month intervals.

The goal of the program is to incentivize user engagement and onboard new Lenders, Farmers and Traders to the protocol. During the campaign, participants can earn points proportionally to their on-chain Primex lending, farming and trading activity.

During the Program, participants earn points on the basis of their activities from different roles in the ecosystem - Lender, Farmer and Trader.

The first stage of the Program launched on November 15, 2024 and will take six months. First PMX rewards for Point receivers will be distributed in 2 rounds, 3-months each. Contestants' scores and ranks will be displayed transparently via the Leaderboard in each round, with collected Points automatically resetting at the end of the phase.

For detailed terms and rules please refer to this Primex docs section.