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Synthetix Doubles Infinex Rewards for sUSD Deposits

by Catatonic Times
January 31, 2025
in DeFi
Reading Time: 2 mins read
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Synthetix and Infinex are turning up the rewards for sUSD depositors. As of January 30, 2025, we’re doubling weekly rewards to 10,000 SNX and 10,000 OP, only for making a deposit.

If you happen to’ve been farming yield or simply getting began, now’s the right time to deposit and declare your share.

Earn Extra with Boosted Rewards

Beginning January 30, 2025, at 00:01 UTC, sUSD depositors on Infinex will earn:

10,000 OP tokens 10,000 SNX tokens

Rewards accrue in real-time and are distributed weekly for the subsequent 4 weeks. Present APR estimates are proven beneath:

$2M in whole deposits: 79.8% APR$5M in whole deposits: 31.9% APR$10M in whole deposits: 15.9% APR

Week 2 depositors earned about 25% APR only for depositing, and now we’re pushing it even increased. With deposits at the moment at $2.5M, there’s nonetheless room for extra yield farmers to say rewards. You may observe present deposits on the Infinex TVL dashboard.

Weekly Patron Giveaway Continues

Past token rewards, we’re persevering with the weekly Patron giveaway. Every week, one energetic Infinex person with $1,000+ in sUSD deposits will obtain an unlocked Patron NFT of their Infinex account.

Customers Cyberdruid and Bitlion1 have already gained an Infinex Patron NFT (examine your accounts!). Deposit now, and you possibly can be subsequent!

No Sybil exercise allowed—detected Sybil efforts might be disqualified.

The way to Get Began

Getting began is simple—comply with these steps to start out incomes:

Create an Infinex Account: Head to Infinex to create an account or log in. Deposit sUSD: Switch sUSD into your Infinex account. Earn Rewards: Rewards accrue in real-time and could be claimed weekly.

For extra particulars on account creation, go to the Infinex Help web page.

Don’t Miss Out

With doubled rewards and weekly Patron giveaways, there’s no higher time to take a look at our associates at Infinex.



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Tags: DepositsDoublesInfinexrewardssUSDSynthetix
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