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Ready for some turbocharged action? To celebrate our latest addition of variable points for Open Interest (OI) and Total Value Locked (TVL), we’re kicking off a killer campaign just for you: HODL Szn.🚀🔥
But hold your horses first, let’s talk about the variable points rewards for weekly OI and TVL that we recently added into the mix. Here’s the lowdown:
- Earn: 10 points per week per $1,000 in OI on the platform ($10M OI cap per user).
- How It Works: Distributed based on your average open interest across all open positions.
- Earn: 20 points per week per $1,000 in TVL held on the platform ($1M TVL cap per user).
- How It Works: Distributed based on your average TVL held on Paradex.
For the technical folks out there, take a deep dive here into our points overview doc
Now, here’s the exciting part. To celebrate these new additions, we’ve launched the HODL Szn, where you can earn a massive 5x boost on your OI Points! Here’s how it works:
1. Go Long or Short: Open positions on any markets (except BTC/ETH).
2. Hold Your Positions: Keep your positions open to earn the points.
3. Earn Points: Earn 5x OI Points on up to $250k of OI.
- Period: Points boost are calculated from Thursday to Wednesday.
- Distribution: Points are distributed into your accounts every Friday.
HODL Szn will be available from 6 June to 3 July 2024.
So, what are you waiting for? Dive into the HODL Szn, hold your positions, and watch your OI Points soar. Happy trading, Degens! Let’s make this season legendary. 🚀
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