Interest Protocol Liquidity Program
Grab a share of 28 Million IPX Tokens!
We are excited to introduce the Interest Protocol Liquidity Program, the first of its kind in the Sui ecosystem. This program is designed to incentivize individuals who contribute to the growth and stability of our platform, allowing them to earn extra income on their crypto holdings. Participants have the opportunity to grab a share of 28M IPX tokens which are distributed into 3 different types of activities that you can take part in: Provide Liquidity & Farm, Swap Assets and complete Zealy social activities.
But First things first…
How to bridge assets from other chains to the Sui Network?
Before you start earning IPX rewards, let’s first explore how you can bridge your assets from other chains like Ethereum to the Sui Network. This can on our Dapp bridge which is powered by Wormhole.
Below is a tutorial of how to bridge assets to Sui Network:
Link to the Bridge: https://wormhole.interestprotocol.com/
Now let’s get down to business…
To participate in the Liquidity Rewards Program, follow these steps:
- Step 1: Visit the Interest Protocol Liquidity Program Landing Page and select a pool to add liquidity.
- Step 2: Provide Liquidity into our Liquidity Pools to acquire LP tokens, here is a Tutorial:
- Step 3: Deposit the LP Tokens to our Farms to start farming aIPX Tokens (Airdrop Interest Protocol Tokens). Here is a Tutorial:
- Step 4: Swap aIPX token for IPX 1:1 after TGE.
The supported farms
- SUI/BTCB (BNB): when adding liquidity to this pool,l make sure you are using BTC bridged from Binance Smart Chain, designated as BTCB(BNB).
- SUI/ETH(BNB): when adding liquidity to this pool, make sure you are using ETH bridged from Binance Smart Chain, designated as ETH(BNB).
- SUI/ETH(ETH): when adding liquidity to this pool, make sure you are using ETH bridged from Ethereum Network, designated as ETH(ETH).
- SUI/BNB(BNB): when adding liquidity to this pool, make sure you are using BNB bridged from Binance Smart Chain, designated as BNB(BNB).
- SUI/USDC(BNB): when adding liquidity to this pool, make sure you are using USDC bridged from Binance Smart Chain, designated as USDC(BNB)
- SUI/USDC(ETH): when adding liquidity to this pool, make sure you are using USDC bridged from Ethereum Network, designated as USDC(ETH)
- USDC (BNB) / USDT(BNB): when adding liquidity to this pool, make sure you that both USDC and USDT are bridged from Binance Smart Chain, designated as USDC(BNB) and USDT(BNB) respectively.
- USDC (ETH) / USDC(BNB): when adding liquidity to this pool, make sure that one pair of USDC is bridged from Ethereum Network and the other USDC bridged from Binance Smart Chain, designated as USDC(ETH) and USDC(BNB) respectively.
- SUI/DOGE(BNB): when adding liquidity to this pool, make sure that DOGE is bridged from Binance Smart Chain, designated as DOGE(BNB).
- SUI/FLOKI(BNB): when adding liquidity to this pool, make sure that FLOKI is bridged from Binance Smart Chain, designated as FLOKI(BNB).
- SUI/SOL(SOL): when adding liquidity to this pool, make sure that SOL is bridged from Solana, designated as SOL(SOL).
Once you have added liquidity to the pools and deposited the LP tokens in any of the Farms above mentioned you will start farming aIPX tokens.
On the following tutorial you will learn how to Add Liquidity on Pool to aquire LP Tokens
On the following tutorial you will learn how to Deposit LP Tokens on Farms to farm IPX.
Note that both tutorials on the links shared are on Devnet; to get the real tokens you must be on Mainnet.
Additionally, as a liquidity provider, you will earn 0.3% of all trading fees generated by the pool in proportion to your share of the pool.
Get a share of 5M IPX Tokens for Swapping on our DApp!
Whenever you trade or swap tokens of a certain amount, you also qualify to get a share of 5 Million IPX tokens. The more swaps you do, the higher your chances are to get a better reward. The formula goes as follows:
- Pi is the percentage of tokens you would receive from the pool.
- SWAPi is the number of swaps a user makes.
- ΣSWAPS is the sum of all users’ swaps.
Thus, let us assume the following list of users:
- 0x001–25 Swaps
- 0x002–30 Swaps
- 0х003–45 Swaps
This means that Swaps is equal to 100, consequently, according to the formula, the shares of each user will be as follows:
- 0х001–25% of 5M tokens is 1,250,000 Tokens
- 0х002–30% of 5M tokens is 1,500,000 Tokens
- 0х003–45% of 5M tokens is 2,250,000 Tokens
The minimum swapping values to qualify are correspondent to the following values:
- 0.01 ETH
- 0.001 BTC
- 15 SUI
- 15 wUSDC
- 15 wUSDT
Get a share of 3M IPX Tokens for participating on our Zealy activities
Whenever you complete the #Mainnet Tasks on Zealy you accumulate XP, thereafter you are automatically grabbing a share of the 3 Million IPX tokens. The more XP you accumulate, the higher your chances to get a better reward. The formula goes as follows:
- Zi is the percentage of tokens you would receive from the pool
- XPi is the number of XP you accumulated.
- ΣXP is the sum of all users’ accumulated XP.
Thus, let us assume the following list of users:
- 0x001–2500 XP
- 0x002–3000 XP
- 0х003–4500 XP
This means that XP is equal to 10000 XP, consequently, according to the formula, the shares of each user will be as follows:
- 0х001–25% of 3M tokens is 750,000 Tokens
- 0х002–30% of 5M tokens is 900,000 Tokens
- 0х003–45% of 5M tokens is 1.350.000 Tokens
Please note that you can enter the campaign between May 15th, 2023, and July 2nd, 2023.
Tokenomics
For you to understand what you are getting here is our current token distribution:
Total Supply: 1,000,000,000
Seed round 5% — 50,000,000
Private Round 5% — 50,000,0000.000%
Public sale 2% — 20,000,000
Liquidity Incentive 4% — 400,000,000
Team 15% — 150,000,000
Advisors 2% — 20,000,000
Treasury 19% — 190,000,000
Security fund 5% — 50,000,000
Airdrop 3% — 30,000,000
Liquidity 4% — 40,000,000
On Public Sale each IPX Token will be sold at $0,04
Interest Protocol’s Liquidity Program presents an excellent opportunity to earn passive income with your crypto holdings. Our user-friendly interface and low investment threshold make this program accessible to all investors, regardless of their experience level.
To stay updated on the latest developments and updates on this program, follow the Interest Protocol on social channels. If you have any questions or concerns, feel free to reach out to us. We look forward to seeing you join our Liquidity Rewards Program!
