The aim of this program is to increase the liquidity, distribution, and visibility of Internxt within the cryptocurrency community on Uniswap.
Are you already holding or thinking of getting some Internxt tokens? That’s awesome! Once you’ve got your INXT, we’re ready to reward you. Want in? Here’s the deal:
Internxt wants to incentivize users to provide liquidity at Uniswap. Uniswap is a fully decentralized protocol for automated liquidity provision on Ethereum. A simple formalized equation drives unstoppable liquidity for thousands of users and hundreds of applications. Uniswap empowers developers, liquidity providers, and traders to participate in a financial marketplace that is open and accessible to all. We’d love for more people to start trading INXT on Uniswap, given the ease of use and the trustless layer of protection it provides. But for that, we need liquidity providers. A liquidity provider essentially is a person providing INXT and ETH to the pool so that traders can buy & sell INXT with that liquidity. For instance, if you provide 1000 INXT to the pool, traders will be able to give you the equivalent amount of ETH for your INXT.
For those who provide liquidity on Uniswap (Uniswap V2 INXT/ETH pool), we will be giving a 5% INXT reward on whatever amount of INXT they put on Uniswap. So say that you add 10,000 INXT to Internxt’s Uniswap pool so that people can buy INXT of you on Uniswap. We would provide you with an additional 500 INXT as a reward. That simple.
We’ll be rewarding all of those who provide liquidity before September 30th. You need to provide the liquidity for at least 21 days prior to that deadline. That means that the last day you can add liquidity to Uniswap is on September 7th. Reward payouts will happen during October.
- What are Internxt tokens used for?
Internxt currently offers highly secure, innovative cloud services. Our customers pay us with credit or debit card, to make things easy for them. Internxt’s token, however, is a crucial part of our ecosystem. With part of the revenues we generate (EUR), we purchase INXT from the market, in order to pay our server providers from all over the globe (Internxt Core). Since revenues are used to buy INXT from the market, it’s virtually the same as if Internxt users paid their services directly in INXT -though we do it for them automatically on the background. Internxt Core hosts are encouraged to hold these tokens since a relevant amount of their monthly payout is based on how many tokens they hold. For us, it’s more convenient to cover these costs in INXT than directly in EUR because we count with thousands of server providers from all over the globe, and thus with INXT, we can automatically send out instant payments through the blockchain almost for free. Our goal is to create thrilling products that matter and that people want to use. We want everyone to be part of this exciting project. The bigger the demand for Internxt services is (so the more revenues we generate), the more indirect demand there’ll be on the market to purchase Internxt tokens.
- How can I buy and store Internxt tokens?
If you want to get your hands on some Internxt tokens, you can directly buy these right from our website. The widget on our website is connected to the exchanges Internxt is listed on, and does all the hard work for you. All you need to do is to purchase the desired amount of Internxt tokens (you can make the payment in BTC / ETH / LTC), and the widget will manage to find the best available INXT and send them directly to your wallet. You can create a wallet to store your INXT with Coinbase Wallet, MyCrypto, Ledger, TREZOR, Binance Trust Wallet, Status. It really is that simple. We’ve managed to create such a clean and simple process to buy and safely store your Internxt tokens, just for you! Looking for a more advanced method of trading Internxt tokens? You can also buy/sell INXT on MERCATOX, Exrates, YoBit, LAToken, IDEX, and of course, Uniswap.