๐ Primex Token 101: Exploring $PMX Utility ๐
The Primex Token Generation Event (TGE) is approaching! ๐ $PMX, Primexโs native governance and utility token, is packed with features to elevate your #DeFi journey:
๐ Staking: Earn more $PMX rewards and boost your governance voting power.
๐ PMX Tiers: Unlock exclusive strategies, Buckets, and #RWA by holding $PMX
๐ฐ Protocol Fee Discounts: Pay fees in $PMX for lower rates.
๐ณ๏ธ Community Governance: Shape protocol parameters like interest rate curves.
โ๏ธ Keeper Rewards: Secure the protocol and earn $PMX as a Keeper.
Stay tuned as we dive deeper into $PMX utilities and tokenomics in upcoming posts.
Get ready for the #TGE and start exploring $PMX features!
๐ Learn more in our article: https://t.co/cnVCNIL2oJ
๐ Exciting News: Become a Primex Keeper and Earn Rewards! ๐
Primex has officially launched its public Keeper client, opening the door for community members to actively secure the protocol and earn rewards! ๐
๐ก๏ธ What are Keepers?
Keepers are the backbone of the Primex ecosystem. They execute conditional orders (Limit, Take Profit, Stop Loss) and perform timely liquidations, ensuring the protocolโs security and efficiency in a fully decentralized way!
Why should you join?
๐ฐ Earn Rewards: Get gas fee compensation and position-size-based rewards (paid in chain native assets and $PMX).
๐ฅ Earn $PMX Before #TGE: Accumulate Early Primex Tokens now and exchange them for $PMX after the Token Generation Event.
โ๏ธ Lightweight Setup: No powerful hardware neededโjust a stable RPC and a quick configuration!
๐ฅ Download the official Keeper client and join the decentralized movement: https://t.co/kJSEe3XHYs
๐ Learn more in our fresh article: https://t.co/dQ5rgpnluF
Are you ready to secure Primex and earn rewards? The protocol is counting on you! ๐ช๐ฏ
โ๏ธ Introducing the Primex Incentivized Liquidity Mining Program ๐
Primex is thrilled to launch its new Liquidity Mining Program, designed to boost ecosystem activity and reward our vibrant community!
Hereโs whatโs in store:
๐ Total 30,000,000 $PMX reserved for distribution
๐น 3,000,000 $PMX for fixed-term deposits
๐น 27,000,000 $PMX to incentivize Lenders, Traders, and Farmers
The program has two key components:
1๏ธโฃ Fixed-term deposits: Immediate $PMX rewards for Lenders who lock liquidity for 3 or 6 months
2๏ธโฃ Points Program: $PMX rewards for ALL roles, distributed in intervals of 3 months
๐ Leaderboard:
Compete for top spots on the Leaderboard! The more Points you earn, the bigger your share of the rewards!
๐ก Earn More Together:
Maximize your impact and rewards by participating actively across all roles. Whether you lend, farm, or trade, every action contributes to the growth of the Primex ecosystem.
โจ With TGE approaching, users earning Points now will qualify for $PMX rewards. Plus, $ePMX holders can exchange their tokens for $PMX!
๐ Program page: https://t.co/IgzpcHXnPW
๐ Learn more in our latest article: https://t.co/0JVbcGYaNW
๐ Detailed Program Rules: https://t.co/sfTqJvQEoM
๐ก Help Guides: https://t.co/iR2X9i8iF2
๐ Introducing Yield Farming Interface ๐
Managing your #farming strategies on Primex got easier with the new Farmers' page!
๐ Track everything in one place:
- Available strategies
- Your Open strategies
- Current APYs
๐ฐ How to earn:
1๏ธโฃ Go to the Farming page and connect your wallet: https://t.co/yx6GnvFMOc
2๏ธโฃ Choose a strategy on your preferred chain (#Ethereum, #Arbitrum, or #Polygon)
3๏ธโฃ Set leverage to boost base #yield!
4๏ธโฃ Deposit your assets to open a position in the strategy
๐ฏ Participate in the Liquidity Mining Program and earn Primex Tokens $PMX!
In addition to high #APY, earn Points based on:
- Size of your strategy
- Duration it's active
๐ You will earn $PMX based on your Leaderboard position.
๐ก Start farming smarter and earning more now: https://t.co/IgzpcHWQ0o
Hey folks!
We invite you all to an exclusive AMA session with the Primex Core Team!
We're thrilled to announce an upcoming AMA session featuring our guests:
๐ธDmitry - Co-Founder & VP of Growth
๐ธAnton - CMO
The Mainnet beta has been active for two weeks, and we're eager to discuss the following plans with you. We also want to keep you informed, so we'll share some short-term plans and updates we've prepared. Join us in the upcoming AMA session to stay current on Primex Finance's progress.
Specifically for this AMA, we're offering 10 early Primex NFTs, the early versions of tokens that can later be redeemed for fully functional NFTs.
- Five participants will earn Early Primex NFTs for the best questions asked on Twitter
- The other five participants will earn Early Primex NFTs for the most impressive questions during the live session.
Here are the details:
๐ Date: November 11, 2023
โ Time: 2:00 PM GMT
๐ Prizes: 10 Early Primex NFTs
๐ Venue: Primex Discord Community
We appreciate your participation in Primex as we continue our journey. Your support is extremely valuable to us!
๐ Primex Partners With Kintsu to Bring Leveraged Liquid Staking toย Monad ๐
Primex has partnered with @kintsu, a next-gen liquid staking infrastructure within Monad's DeFi ecosystem! ๐๐
After the release of Primex v2, liquid staking will be among one of the core use cases for applying leverage via the protocol. Portfolio owners will be able to borrow tokens from Buckets and invest them on Kintsu to amplify their staking rewards. Meanwhile, Kintsu users will benefit from the increased liquidity of leveraged operations. ๐๐
Discover how this partnership is enhancing the #DeFi ecosystem by boosting capital efficiency and liquidity on @monad_xyz! ๐
๐https://t.co/bqJLD9hhfg
๐ Primex Partners with RetroBridge to Explore High-Speed Cross-Chain Interactions in DeFi ๐
Weโre excited to announce Primex's partnership with @retro_bridge, a comprehensive multichain ecosystem that facilitates seamless connectivity across various blockchain networks within a single app. ๐โจ
This collaboration unites two trailblazers in the blockchain space, empowering the Primex team to explore new cross-chain capabilities in decentralized finance. ๐ช๐
Letโs dive into whatโs behind ๐๐
https://t.co/3p4IVINLZC
Follow @primex_official and @retro_bridge and stay tuned for the hottest news in #crosschain #DeFi
๐ Jul 29 - Aug 4 Weekly Recap ๐
Last week has been packed with exciting developments! Hereโs a quick rundown of what Primex achieved together with its amazing community:
1๏ธโฃ 2 New Launch Partners!
Weโre excited to partner with @TokensoftInc and @cvpad_xyz, enabling leveraged trading for their projects. These collaborations bring even more token options for our Lenders and Traders to explore on Primex. ๐ผโจ
2๏ธโฃ Primex on @berachain's bArtio Testnet: Weโve launched on Berachain's bArtio Testnet, leveraging their innovative Proof-of-Liquidity (PoL) consensus. Dive into margin trading and lending on one of the hottest EVM-compatible L1 chains! ๐๐ป
3๏ธโฃ New Partnership Alert: Weโve partnered with @bracket_fi to celebrate their launch on July 31st by giving away 10,000 [BARS] to our community! Make sure to check out the giveaway details and see if you were one of the lucky winners! ๐๐
4๏ธโฃ Content Creators Rewards: Week 4 recognition NFT for the Primex Content Contest are now available! ๐จ๐ Congratulations to the $ePMX token winners announced in our Discord: https://t.co/XhyvPYHplL
5๏ธโฃ Contribute & Earn Program Phase 8 Rewards: Congratulations to the 200 winners of Phase 8! ๐ Phase 9 ends just in a week, so keep pushing forward to earn more $ePMX. Donโt forget to check results and claim your rewards: https://t.co/eMKKR4UTvP
Stay tuned for more updates and opportunities to engage with Primex! July Monthly Recap is on its way!
#PrimexFinance #Tokensoft #CVPad #Berachain #BracketLabs #PrimexRewardsCampaign #ePMX
๐ New expansion milestone! Primex Launches on Berachain's bArtio Testnet ๐ปโ
That's not all for today!
We're thrilled to announce that Primex is now live on bArtio, the V2 testnet of @berachain, leveraging the innovative Proof-of-Liquidity (PoL) consensus! ๐๐
Try Margin trading and Lending with Primex on Berachain and explore one of the hottest EVM-compatible L1 chains๐ฅ
Start here: https://t.co/YNj7Ah9c0S
Learn more in our latest article: https://t.co/Ad66UKhPVA
๐ New month - new collabs! We are happy to announce Primex's next launch partner @TokensoftInc ๐
Primex has teamed up with Tokensoft to bring you the ultimate platform for leveraged trading on DEXs. This partnership allows new projects to list their tokens with margin trading capabilities, boosting market reach and liquidity. ๐๐ฅ
For Lenders and Traders, this means an expanded list of assets to lend and trade with leverage on Primex. ๐ฐ๐
Discover more in the latest blog post: https://t.co/uBiy2SevxL
Stay tuned for more updates as Primex evolves into the go-to hub for Web3 trading! ๐๐ฅ
Hey Content Creators!
Week 4 recognition NFT for Primex Content Contest participants is up for grabs here: https://t.co/7vYmfoIF5b
Lucky $ePMX token winners have been already announced in Discord and waiting for their rewards. Congrats!
Stay tuned and stay active in the community as there will be more chances to win!
Do not forget to participate in the Contribute & Earn campaign as well as Primex Arbitrum LTIPP Grant Program and share even more $ePMX and $ARB each week!
https://t.co/sp2hxkaMbR
๐ Jul 22-28 Weekly Recap ๐
This week has been full of great news! Here is what Primex achieved together with its community:
1๏ธโฃ Primex has been awarded a 42,000 $ARB grant from the @arbitrum Foundation's LTIPP! ๐ Lenders & Traders, earn your share over 6 weeks. Track your progress here: https://t.co/a4CK4g4oZL
2๏ธโฃ Partnered with @swing_xyz to explore cross-chain liquidity and bridge aggregation. Join the Galxe Quest (Jul 24-31) to earn the collab NFT: https://t.co/H7S2Eaoldp
3๏ธโฃ Email and Social logins now supported in the Primex App powered by @dynamic_xyz Connect to Primex with ease using your social accounts. Join the Galxe Quest until Jul 31 and grab early Primex NFT: https://t.co/Vvydh6vJkh
4๏ธโฃ Primex steps in its new era with launch partner @FjordFoundry! Trade a wide variety of new tokens with leverage on DEXs. Dive into the details: https://t.co/IWdFJ8jkTW
5๏ธโฃย We shared tips for Traders to earn more points in the Contribute & Earn program: https://t.co/xY2X5oZJ7m
6๏ธโฃย Announced winners of the Content Contest Week 4. Check it out in Primexโs Discord: https://t.co/5JSXpgryww
Stay tuned for more updates!
#Arbitrum #Swing #Dynamic #FjordFoundry #PrimexRewardsCampaign #CoinList
Happy weekend Primexers! ๐
Following our Contribute & Earn campaign rules recap, we'd like to share some more tips to endorse traders and help them win $ePMX. ๐
A great way for traders to maximize their points is by leveraging Open Interest Rewards! ๐ฐ
Here are the main points:
๐น Passive strategy: Simply hold an open Margin or Spot 1X position to earn points effortlessly.
๐น The system considers both your initial deposit and borrowed capital for open Margin positions.
๐น Higher leverage = Higher rewards! Just remember to manage your risk and use stop-loss with higher leverage.
๐น No minimum threshold for earning points with open interest rewards, unlike volume-based rewards which require $1,000 daily trading volume.
๐น Combine open interest and volume-based rewards for even greater returns.
๐ Full guide: https://t.co/mWg380R4vP
Trade every day to earn daily volume rewards and keep your positions open to maximize open interest rewards.
Trade smart, trade safe, and let your open positions work for you now: https://t.co/IgzpcHWQ0o ๐
๐ Big News! Primex steps into its new era with the first launch partner - @FjordFoundry ๐๐
Primex has recently announced its evolution to the ultimate platform for trading a wide variety of new tokens with leverage on decentralized exchanges. ๐๐
Primex will be collaborating with Fjord Foundry to enable leveraged trading for new projects launching on its launchpad.
๐ Both communities will benefit from advanced trading tools and interfaces for their favorite assets. ๐ช๐ง
Fjord is a launchpad that has raised ~$1 billion with over 100,000 participants!
Dive into the details in our latest article!
๐ https://t.co/IWdFJ8jkTW
Hey Primex Traders! We have exciting news for you today!๐ข
We've just updated the front end to include support for advanced DEX analytics and charts by @dexscreener.
๐Check out the new trading interface here: https://t.co/ULgHK10RwQ
Hey folks๐ We are happy to announce that Primex integrated @xdefi_wallet into the App!
Now you can delve into the Spot Margin trading and Lending on Primex with XDEFI Wallet.
Learn about XDEFI, become a community member of both, and grab valuable Primex x XDEFI NFT and loyalty points, all available on @Galxe by the link: https://t.co/XFamWVFRak
For more details, please refer to our blog post: https://t.co/PdrAvHalUs
๐ Exciting News! Primex has been awarded a 42,000 $ARB grant from the Arbitrum Foundation's Long-Term Incentives Pilot Program (LTIPP)! ๐
๐ฆ Lenders & Traders on Arbitrum, this is your chance to earn your share! The grant will be distributed over 6 weeks, with 21,000 $ARB rewards for both Lenders and Traders.
Phase 1: Jul 22 - Aug 4
Phase 2: Aug 5 - Aug 18
Phase 3: Aug 19 - Sep 1
Rewards: 7000 $ARB for both top 200 Traders and top 200 Lenders in each phase!
๐ Join and track your progress here: https://t.co/a4CK4g4WPj
๐ Read more and get started here: https://t.co/FMpvxTHRzQ
Hey Primex Community!
Primex now supports Email and Social logins powered by @dynamic_xyz. New and savvy users can seamlessly connect to the Primex app using email, Google, X, Discord, and other social platforms, as well as traditional web3 wallets.
Learn more in a fresh blog post: https://t.co/mHUtc23fcr
As a bonus, Primex and Dynamic invite you to participate in a time-limited Galxe Quest. Learn about Dynamic, join both Communities and grab exclusive collab NFT.
Hurry up! You have time until July 31.
Hop in: https://t.co/Vvydh6vJkh