DeFi Daily News
Thursday, July 31, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home DeFi

rewrite this title Rewards Extended for sUSD Deposits on Infinex

Synthetix by Synthetix
May 22, 2025
in DeFi
0 0
0
rewrite this title Rewards Extended for sUSD Deposits on Infinex
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

Rewards are back for sUSD depositors! Infinex users who deposit sUSD from May 23rd, 2025 will be eligible to earn rewards and will be in the running for other onchain prizes. For those with sUSD already deposited, congratulations! You’ll continue to earn. If you’re not yet participating, we’ve put together everything you need to know.

How to Participate

From May 23rd, 2025, at 00:01 UTC, for six weeks, sUSD depositors and holders on Infinex will earn a pro-rata share of 12,000 OP tokens every week. Rewards accrue continuously and are distributed weekly.

OP Rewards

Yields will vary based on the total value of sUSD deposits, but we’ve put together some convenient estimates for depositors:

3 million sUSD in total deposits: 18% APRAt 5 million sUSD in total deposits: 10% APR

You can follow current deposits on the Infinex TVL dashboard.

To qualify for an OP distribution, Infinex users must hold a minimum of 1,000 sUSD deposit on the last day of the week.

Weekly Prize Raffle

Additionally, every week Synthetix will draw 5 prize winners who will receive the following prizes:

1st winner – 1 x Patron2nd winner – 1 x Patron3rd winner – 1 ETH4th winner – 2,000 SNX5th winner – 1,000 SNX

Participants will receive one raffle entry per each 1,000 sUSD on their Infinex account, meaning that a user with:

1,000 sUSD will get 1 entry1,800 sUSD will still get 1 entry10,000 sUSD will get 10 entries1,000,000 sUSD will get 1,000 entries

How to Join

Getting started is easy. Follow these steps to begin earning rewards:

Create an Infinex Account: Head to Infinex.xyz to create your account or log in.Deposit sUSD: Transfer sUSD into your Infinex Account on either Ethereum or Optimism, or Swidge any asset to sUSD.Earn Rewards: OP rewards will be sent to your Infinex Account each week.

About Synthetix

Synthetix is a decentralized liquidity and derivatives protocol that powers onchain trading of synthetic assets. It enables permissionless access to deep liquidity for assets on Ethereum, Base and Optimism. Synthetix allows protocols, developers and traders to leverage its smart contract infrastructure to create, trade, and manage synthetic positions with minimal slippage and high capital efficiency.

About Infinex

Infinex is a new kind of crypto app that provides access to onchain protocols, services, and applications. It is non-custodial, using a novel security architecture centred around onchain smart accounts and passkeys. Infinex is designed to replace centralized platforms as the primary point of interaction for crypto users.

Need more info?

See Infinex Support for detailed instructions on account creation and more. For information about sUSD, see the Synthetix Docs. Don’t miss out, get started now.

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website [http://defi-daily.com] and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: depositsextendedInfinexRewardsrewritesUSDtitle
ShareTweetShare
Previous Post

rewrite this title Enterprise Communication Evolution: Avaya’s Infinity Platform Bridges the Gap Between What’s Needed Today and Expected Tomorrow

Next Post

rewrite this title ServiceNow – The Best Stock for Investing in AI Agents? – Nanalyze

Next Post
rewrite this title ServiceNow – The Best Stock for Investing in AI Agents? – Nanalyze

rewrite this title ServiceNow - The Best Stock for Investing in AI Agents? - Nanalyze

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title 4 Secrets from Chefs for Better Cruise Dining – NerdWallet

rewrite this title 4 Secrets from Chefs for Better Cruise Dining – NerdWallet

November 15, 2024
Tottenham Express Interest in Buying English Star as Club Considers Selling Him

Tottenham Express Interest in Buying English Star as Club Considers Selling Him

September 28, 2024
IT STARTED: US Bombs Iran and CRASHES Bitcoin… What’s NEXT?

IT STARTED: US Bombs Iran and CRASHES Bitcoin… What’s NEXT?

June 22, 2025
rewrite this title Ethereum Continues Losing Ground To Bitcoin With ETH/BTC Ratio at Multi-Year Lows | Bitcoinist.com

rewrite this title Ethereum Continues Losing Ground To Bitcoin With ETH/BTC Ratio at Multi-Year Lows | Bitcoinist.com

October 26, 2024
Top 19 crypto coins that will EXPLODE in July 2025!!

Top 19 crypto coins that will EXPLODE in July 2025!!

July 2, 2025
rewrite this title Visa Expands its Flexible Credential Card to the U.S. – Finovate

rewrite this title Visa Expands its Flexible Credential Card to the U.S. – Finovate

November 15, 2024
rewrite this title New Hall of Famer Antonio Gates was a beloved teammate, remains a San Diego legend

rewrite this title New Hall of Famer Antonio Gates was a beloved teammate, remains a San Diego legend

July 31, 2025
ATTN BTC & CRYPTO HOLDERS….

ATTN BTC & CRYPTO HOLDERS….

July 31, 2025
rewrite this title Tether Reports Q2 Profit of .9 Billion, CEO Teases U.S. Venture – Decrypt

rewrite this title Tether Reports Q2 Profit of $4.9 Billion, CEO Teases U.S. Venture – Decrypt

July 31, 2025
Joe Rogan Experience #2358 – Chadd Wright

Joe Rogan Experience #2358 – Chadd Wright

July 31, 2025
rewrite this title XRP Price Prediction: Double Bottom Forms with Bearish Threat as XRP Holds Above  Support

rewrite this title XRP Price Prediction: Double Bottom Forms with Bearish Threat as XRP Holds Above $3 Support

July 31, 2025
rewrite this title Best StockX Discount Codes for 2025: Save on Your Next Shoes

rewrite this title Best StockX Discount Codes for 2025: Save on Your Next Shoes

July 31, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.