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The f(x) Protocol is a DeFi solution that addresses the need for a stable asset in the cryptocurrency space while mitigating centralization risks and capital efficiency issues. It was conceived by Aladdin DAO; the banking crisis in March.
f(x) Protocol is running a points campaign for its arUSD stablecoin users. Users can earn free EtherFi, Eigen Layer and FX points with arUSD. Read the guide below to find out how. Users who collect points might be eligible for an airdrop in the future. They have kept aside 0.5% of the FXN supply for airdrop.
- Visit the f(x) Protocol website.
- Connect your wallet.
- Mint some rUSD.
- arUSD is the tokenized version of rUSD EtherFi Stability Pool vaults from Convex Finance.
- Deposit in the eETH stability pool to earn eETH and FXN.
- Additionally, users can 4X EtherFi and 2X Eigen Layer points.
- You can also earn Renzo’s ezETH and ezPoints for depositing in ezETH stability pool.
- For a limited period of time, users can also earn 3X EtherFi points and 3X FX points.
- You can earn with arUSD in multiple ways.
- By holding arUSD in your wallet, you can earn automatic compounding interest.
- During the two weeks boostrapping phase, you’ll earn up to 6X EtherFi points instead of the regular 4X with arUSD.
- You can also earn additional points by inviting your friends.
- Users who collect points might be eligible for an airdrop in the future. They have kept aside 0.5% of the FXN supply for airdrop.
- For more information about the different ways to earn, visit this official announcement.
You’re interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!
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