πŸ“£V2 ARB Incentive Season (Weekly Bonus, ALP Staking)

APX Finance is pleased to announce the start of the $ARB Incentive Season. Over the next 11 weeks, traders and LPs on APX Finance, PancakeSwap Perp V2 and APX V2 DEX Engine partners will be rewarded with 525,000 $ARB tokens plus weekly $ARB bonuses from APX! This page shares about $ARB Weekly Bonuses and ALP Staking Incentives.

Refer here for Trading Incentives:

πŸ“žV2 ARB Incentive Season (Trading)

$ARB Weekly Bonuses

As part of APX’s commitment to reward trading activity on Arbitrum, we will distribute additional $ARB tokens to APX V2 traders and PancakeSwap Perpetual V2 traders.

Weekly $ARB Bonuses: Traders who hit a minimum 1,000 USD trading volume and complete simple off-chain tasks on Galxe can earn an extra 5 $ARB tokens per week.

  • Traders have to successfully obtain the weekly OAT to be eligible.

  • OAT holders will be randomly selected to win 5 $ARB each, from a 1,875 $ARB prize pool each week.

  • $ARB rewards will be airdropped to traders’ wallets within 7 working days after each epoch ends.

How to get Galxe OAT

Navigate to the Galxe campaign page: https://app.galxe.com/quest/apolloxfinance/GCu1ctdofq. Select the correct week’s campaign.

To get the weekly OAT, complete simple community tasks and hit a minimum of 1,000 USD trading volume on APX V2 or PancakeSwap Perpetual V2 (via Arbitrum network).

Sweet Staking Yields with ALP

To further incentivize Arbitrum liquidity providers on APX, together with PancakeSwap, APX will distribute 225,000 $ARB tokens to LPs who mint ALP (Arb).

ALP Syrup Pools: APX will set up three ALP Syrup Pools on PancakeSwap (Arbitrum). Each pool has a 4-week expiration period and will contain 75,000 ARB tokens as staking incentives. With the Syrup Pools, LPs earn 50% of platform trading fees when they mint ALP (Arb) and earn $ARB tokens when they stake ALP in the Syrup Pool.

  • The first Syrup Pool went live on 13 June.

  • Syrup Pool APR = Annualized rewards (USD) / User funds staked in Syrup Pool (USD) * 100

  • $ARB rewards can be claimed directly through the Syrup Pool page.

How to mint ALP (Arbitrum)

Navigate to the ALP page on APX: https://www.apollox.finance/en/ALP. Make sure you have selected the Arbitrum network. Click [Connect wallet].

You can mint ALP using any of the specified assets: USDT, USDC, DAI, BTC, ETH. Click [Approve USDT] and [Buy ALP] to complete the transaction.

How to stake ALP (Arbitrum)

Click [Enable] to access the staking rewards pool and start staking ALP.

Or navigate to https://pancakeswap.finance/pools?chain=arb and search for the ALP Syrup Pool. Click [Connect Wallet]. Then, click [Enable] to access the pool and start staking ALP.

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