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What is the Primex x CoinList Contribute & Earn Rewards Campaign
What is the Primex x CoinList Contribute & Earn Rewards Campaign
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Written by Primex Finance
Updated over a week ago

The Contribute and Earn Rewards Campaign is a community initiative Primex launched in collaboration with CoinList. The goal of the program is to incentivize user engagement and onboard new Lenders and Traders to the protocol.

During the campaign, participants can earn points proportionally to their on-chain Primex lending and trading activity. Progress can be tracked via the Achievements Page, where contestants can find the points collected as Lenders and Traders, as well as via the Onboarding Quest.

Primex allocates 20,000,000 ePMX (2% of the total PMX supply) to the top 200 participants during each phase based on their points. Based on participants’ points, ePMX will be distributed to the top 200 contestants on a biweekly basis.

An additional 10,000,000 ePMX (1% of the total PMX supply) will also be distributed to users who didn’t make it to the top 200.

The campaign will span across at least 22 weeks and take place in 11 different stages, lasting for 2 weeks each. Rewards will be distributed after the end of each phase (after Primex screenshots users’ progress and points). Points will reset after every round to ensure the competition’s fairness.

During the Contribute and Earn Rewards Campaign, participants earn points on the basis of the role they take in the ecosystem (Lender or Trader), as well as various criteria detailed in the respective guides for Traders and Lenders.

For more details, please visit the official Program page: https://docs.primex.finance/guides/primex-contribute-and-earn-rewards-campaign

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