Activity overview: IoTeX, in collaboration with numerous DePIN + DeFi projects, has launched a joint incentive program worth up to 10 million USD (including 100 million IOTX tokens). This DePIN Super Ecological Season has over 20 DePIN projects participating. Community members can engage in dual mining or even 'triple mining' during the activity, simultaneously receiving rewards from IoTeX, DeFi protocols, and DePIN protocols, resulting in exceeding expected returns.
Activity rewards: 10 million USD (including 100 million IOTX tokens)
Project X official Twitter: @iotex_io, @iotex_cn
Participation tutorial ⬇️
1️⃣ Through the link: https://goat.iotex.io/referral?ref=bino10I2wHUKxpgfdIylYx5dWWCWBWYxY, then click the wallet link in the upper right corner to register and log in.
Next, enter https://goat.iotex.io/binobits and complete various tasks in 'Get Started Tasks'.
1. Complete social media tasks: You can earn 5 NFTs. Collecting 5 NFTs will grant you the first batch of BinoBits rewards. Portal: https://app.galxe.com/quest/IoTeX/GC4kdtVwod.
2. Buy $IOTX on DEX; those who already have IOTX can skip buying.
3. Cross-chain asset operation through ioTube: The first five cross-chain transactions each day can earn you 5 BinoBits! Portal: https://bridge.iotex.io/bridge.
4. Staking IOTX: Staking can earn a lot of points. Portal: https://hub.iotex.io/staking.
There are more popular tasks below, and completing them can earn a lot of points. Everyone can participate based on their interests.
Activity description:
1. Interaction points: Points can be earned through interactions (focus on this). For each DeFi protocol, the first 10 interactions per day can earn 50 points, with no amount limit; trading 1U on DEX can score points. There are a total of 7 protocols, earning 350BB daily. The gas on the IoTeX chain is very low, making the interaction cost negligible, allowing you to earn 10,500 BB at a very low cost over a month, equivalent to 630 IOTX, almost $30 in benefits.
2. Transaction volume points: Points can be obtained by trading volume. If 100,000 IOTX are traded for points and 10,000 IOTX are lost, approximately 130,000 points can be earned. The profit is about 600 IOTX, with a return rate of 3%.
3. Holding incentives: Holding a designated pair of 1U can earn 1 point daily. If you have 100,000 IOTX at the current price of 0.045U, you can earn 4,500 points daily, totaling 130,000 points in a month, with no trading loss. The points earned from this are approximately 7,800 IOTX, with a return rate of 7.8%, annualized over 90%.
4. Staking IOTX incentives: For every 1 IOTX staked per day, you can earn 0.05 points. For example, if you stake 100,000 IOTX for 100 days and enable staking lock, you can earn 500,000 points at once, equivalent to 30,000 IOTX.
According to the activity, 2.77 billion points were generated in total over 14 days, which is less than 20 million points generated daily, resulting in approximately 1.8 billion points over three months. If 100 million IOTX is proportionally divided, 1 point is about 0.06 IOTX.
