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Rewards Extended for sUSD Deposits on Infinex

4 months ago
in DeFi
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Rewards are again for sUSD depositors! Infinex customers who deposit sUSD from Could twenty third, 2025 might be eligible to earn rewards and might be within the working for different onchain prizes. For these with sUSD already deposited, congratulations! You will proceed to earn. For those who’re not but collaborating, we have put collectively the whole lot you have to know.

How one can Take part

From Could twenty third, 2025, at 00:01 UTC, for six weeks, sUSD depositors and holders on Infinex will earn a pro-rata share of 12,000 OP tokens each week. Rewards accrue repeatedly and are distributed weekly.

OP Rewards

Yields will differ primarily based on the full worth of sUSD deposits, however we’ve put collectively some handy estimates for depositors:

3 million sUSD in whole deposits: 18% APRAt 5 million sUSD in whole deposits: 10% APR

You possibly can comply with present deposits on the Infinex TVL dashboard.

To qualify for an OP distribution, Infinex customers should maintain a minimal of 1,000 sUSD deposit on the final day of the week.

Weekly Prize Raffle

Moreover, each week Synthetix will draw 5 prize winners who will obtain the next prizes:

1st winner – 1 x Patron2nd winner – 1 x Patron3rd winner – 1 ETH4th winner – 2,000 SNX5th winner – 1,000 SNX

Contributors will obtain one raffle entry per every 1,000 sUSD on their Infinex account, that means {that a} person with:

1,000 sUSD will get 1 entry1,800 sUSD will nonetheless get 1 entry10,000 sUSD will get 10 entries1,000,000 sUSD will get 1,000 entries

How one can Be a part of

Getting began is simple. Comply with these steps to start incomes rewards:

Create an Infinex Account: Head to Infinex.xyz to create your account or log in.Deposit sUSD: Switch sUSD into your Infinex Account on both Ethereum or Optimism, or Swidge any asset to sUSD.Earn Rewards: OP rewards might be despatched to your Infinex Account every week.

About Synthetix

Synthetix is a decentralized liquidity and derivatives protocol that powers onchain buying and selling of artificial belongings. It allows permissionless entry to deep liquidity for belongings on Ethereum, Base and Optimism. Synthetix permits protocols, builders and merchants to leverage its sensible contract infrastructure to create, commerce, and handle artificial positions with minimal slippage and excessive capital effectivity.

About Infinex

Infinex is a brand new form of crypto app that gives entry to onchain protocols, providers, and purposes. It’s non-custodial, utilizing a novel safety structure centred round onchain sensible accounts and passkeys. Infinex is designed to exchange centralized platforms as the first level of interplay for crypto customers.

Want extra data?

See Infinex Assist for detailed directions on account creation and extra. For details about sUSD, see the Synthetix Docs. Don’t miss out, get began now.



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Tags: DepositsextendedInfinexRewardssUSD
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