After the successful launch of the NeptuneX Protocol on the Blast mainnet, users who provides liquidity to the NeptuneX Protocol will now earn rewards in swap fees, native yield, Blast Points, and Blast Gold.
In addition, our testnet users and NPTX holders will benefit from a multiplier, allowing them to earn a higher percentage of the Point Redistribution.
What are NeptuneX Points?
Despite the multitude of potential rewards, We aim to enhance the user experience by introducing ALL-In-One points called NeptuneX Points.
Participants in the NeptuneX Farming program will earn NeptuneX Points as rewards. These internal points, developed by our team, will allow users to easily redeem their rewards with just one click once the Blast token is launched in May.
Update: Due to the changes launch of The Blast airdrop, our rewards distribution will be adjusted according to Blast’s schedule which is on June https://x.com/Blast_L2/status/1790839049521123350
Introducing NeptuneX Point Farming Program
Check your rewards anytime on the NeptuneX Rewards Dashboard https://rewards.neptunex.io
Also, access the app directly at NeptuneX App https://app.neptunex.io/#/swap
The NeptuneX Farming program is an on-chain yield farming initiative that tracks the time and value engagement of NeptuneX Protocol users.
NeptuneX Farming program enables a fixed-rate reward so that all users receive exactly the same staking reward per token deposited. The accumulated reward is based on how much liquidity is provided, holding of NPTX and Testnet NFTs and how long a user has participated in yield farming.
Here are the specified criteria for the NeptuneX Farming program:
Whitelisted Pools:
- ETH-USDB
- ETH-NPTX
Criteria:
- Providing 1 USD Liquidity per day will earn you 1 NeptuneX Point.
Multipliers:
- Holding 1 Testnet NFT will give you a multiplier of 1.01x. (3 Testnet NFTs provides a multiplier of 1.03x.)
- Holding 5,000 NPTX will grant you a multiplier of 2x. For instance, having 10,000 NPTX would result in a multiplier of 4x, and possessing 15,000 NPTX would yield a multiplier of 6x. Therefore, the more NPTX you hold, the higher your multiplier becomes.
Example Calculation
A user provides $1,000 USD liquidity to the ETH-USDB pool for a day and holds 1 Testnet NFT and 10,000 NPTX. This results in a multiplier of 1.01x from the Testnet NFT and 4x from the NPTX, giving a total multiplier of 4.01x. Therefore, this combination awards the user 4,040 NeptuneX Points for their contributions that day.
NeptuneX Point Airdrop🤩
We extend our heartfelt gratitude to the amazing NeptuneX community! As a token of appreciation, we’ll be conducting a NeptuneX Point airdrop when the Blast tokens are distributed. Stay tuned!
About NeptuneX
NeptuneX is a Blast-native DEX aggregator designed to help traders find the optimal routes for their token swaps. The NeptuneX Pathfinder leverages a unique algorithm that taps into several on-chain liquidity sources, routing traders across an optimally split path to minimize slippage and thereby deliver significant savings to its users.
