$BTC makes us truly feel that the bull market is back, and now the DePIN Super Ecosystem Season launched by IoTeX @iotex_io @iotex_cn in collaboration with two other major exchanges is here. IoTeX has gathered over 20 DePIN and 10 DeFi protocols, bringing users a reward pool of over 10 million USD! During the event, users can earn rich rewards such as IOTX and BinoBits (BB) points through dual mining or triple mining. Everyone, pay attention!! 🥳🥳
1. Event Details and BB Points
Event Duration: October 30, 2024 - January 29, 2025
BB points will be used as the basis for distributing the IOTX reward pool:
- Total Reward Pool: 10 million IOTX. A portion of this is directly used for LP mining rewards.
- Distribution based on BB points ranking:
⭐- The top 40% of users share half of the prize pool
⭐- The top 60% of users share the other half
At the current point generation speed, 1 BB point is approximately 0.06 IOTX.
2. Event Earnings Calculation
✨Beginner Players - Zero Cost Points Farming
Participating in DeFi protocols, the first 10 interactions each day can earn 50 BB points, totaling 350 BB daily. Based on 0.06 IOTX/point, the monthly earnings are approximately 630 IOTX (about 30 USD).
✨Ultimate Players - Trading Volume Boost
For players who enjoy boosting trades, points can be earned through trading on platforms such as Mimo, Izumi, Quenta, etc. For example, investing 100,000 IOTX might incur a loss of 10,000 IOTX, but could yield around 130,000 BB points, equating to a return rate of approximately 3% in IOTX.
✨High Yield Players - Position Incentives
DEX interactions can earn BB points based on the amount held. Holding 100,000 IOTX, at the current price of 0.045U, can earn 4,500 BB points daily, resulting in a monthly gain of 7,800 IOTX, with an annualized return exceeding 90%. Additionally, DEX staking LP has an annualized return exceeding 100%, combined annualized returns could reach 200%.
✨High Yield Players - Staking IOTX
Staking 100,000 IOTX for 100 days can yield 500,000 BB points, equivalent to 30,000 IOTX, with an annualized return rate exceeding 100%. Adding the 6-8% annualized return from IOTX itself, the final return rate can exceed 105%.
3. IoTeX Introduction and Event Highlights
- Leading DePIN Platform: IoTeX, as the leading project in the DePIN sector, has a market value of over 500 million USD, fully circulating, with no unlocking sell pressure.
- Extensive Project Support: Top DePIN projects like Avalon, Pell, and popular TGE projects like Network3, Nubila have joined to provide generous token rewards.
- Diverse Collaboration: Partnering with Polygon to create a multi-chain service DePIN layer, building a healthy and secure L1 blockchain ecosystem.
