$BTC We can truly feel that the bull market is back, and this time the DePIN Super Ecological Season launched by IoTeX @iotex_io @iotex_cn in collaboration with two other 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 generous rewards such as IOTX and BinoBits (BB points) through dual or triple mining. Everyone pay attention!! 🥳🥳
1. Event details and BB points
Event period: October 30, 2024 - January 29, 2025
BB points will be used as the basis for distributing the IOTX reward pool:
- Total reward pool: 100 million IOTX. Part of this is directly used for LP mining rewards.
- Allocation based on BB points ranking:
⭐- Users ranking in the top 40% share half of the reward pool
⭐- Users ranking in the top 60% share the other half
Based on the current point generation speed, 1 BB point is approximately 0.06 IOTX.
2. Calculation of event earnings
✨Beginner players - Zero-cost point farming
Participating in DeFi protocols can earn 50 BB points for the first 10 interactions daily, totaling 350 BB points per day. Based on a calculation of 0.06 IOTX/point, the monthly yield is approximately 630 IOTX (about 30 USD).
✨Ultimate players - Volume trading
For users who enjoy trading, they can earn points by trading on platforms like Mimo, Izumi, Quenta, etc. For an investment of 100,000 IOTX, a potential loss of 10,000 IOTX may occur, but around 130,000 BB points can be earned, equivalent to an approximate return rate of 3% in IOTX.
✨High-yield players - Holding incentives
DEX interactions can earn BB points based on holdings. Holding 100,000 IOTX can earn 4,500 BB points daily at the current price of 0.045 USD, resulting in a monthly yield of 7,800 IOTX, with an annualized return exceeding 90%. Additionally, DEX staking LP annualized returns exceed 100%, potentially reaching 200% when combined with event annualized earnings.
✨High-yield players - Staking IOTX
Staking 100,000 IOTX for 100 days can earn 500,000 BB points, equivalent to 30,000 IOTX, with an annualized return rate exceeding 100%. When adding the 6-8% annualized return of IOTX itself, the final return can reach over 105%.
3. Introduction to IoTeX and highlights of the event
- 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 unlock selling pressure.
- Extensive project support: Top DePIN projects like Avalon, Pell, as well as popular TGE projects like Network3, Nubila, etc., are participating, providing generous token rewards.
- Diverse cooperation: Collaborating with Polygon to create a multi-chain service layer for DePIN, building a healthy and secure L1 blockchain ecosystem.
