MetalSwap Blog

Introducing the Denaria Points Campaign

Written by MetalSwap | Oct 1, 2024 4:45:04 PM

With the recent release of Denaria's Perpetual DEX, one of the standout features is the dedicated Points Campaign.

This initiative is set to reward users who actively engage with the Perp DEX during its early stages, contributing to the platform's development. By participating in the app, users can start accumulating points, which may unlock exclusive benefits as Denaria continues to grow and evolve.

What Are Denaria Points?

Denaria Points, also called “DXP”, are special tokens designed to reward the most active users within the app and they serve as a way to measure and recognize user engagement and participation in this bootstrapping moment for the new product.

DXP tokens are non-transferable and cannot be sold or exchanged—ensuring that the rewards are personal and exclusive to the users who earn them.

How to Earn Denaria Points

Everyone who accesses the app will receive a DXP welcome bonus. Additionally, users can earn extra points throughout the campaign by completing daily tasks such as logging in, making daily trades, sharing referrals with friends, completing Proof of Personhood verification, or reaching wallet value milestones.

Let’s explore in detail how to earn Denaria Points in the demo version of the Denaria Perpetual DEX:

  • Daily Log-in: Users can earn points by logging into the app daily. Points accumulate incrementally, and once the maximum cap is reached after 7 days, the rewards remain maxed until the user doesn't miss one day. If this happens, the rewards will restart from the first level.
  • Daily trade: Users must complete at least one trade every 24 hours to be able to claim extra DXP rewards.
  • Referral Program: Users can boost their points by inviting new participants to the Denaria app via referral codes. Both the referrer and the referred friend will benefit from this! (Note: The referral program will only be available after completing the Proof of Personhood process.)
  • Complete the Proof of Personhood: Completing the PoP will give a one-time reward in DXP. 
  • Reach wallet value milestone: the goal of a good trader is to maximize the portfolio value right? Denaria Campaign rewards profitable traders gifting DXP when different portfolio value thresholds are reached.

Boost Your Points with the Proof of Personhood

Denaria has partnered with Anima to integrate Proof of Personhood, a system designed to verify user uniqueness without compromising privacy. Users who complete the PoP verification will receive a 10x multiplier on all Denaria Points earned.

PoP ensures the integrity of the campaign by preventing bots and automated systems from manipulating the platform, ensuring fair participation. Completing PoP is quick, free, and greatly enhances the earning potential for all activities on the platform.

Why Participate in the Denaria Points Campaign?

Participation in the Denaria Points Campaign allows users to contribute to the testing and development of the Perpetual DEX, while earning points for their efforts. Although these points do not currently have monetary value, they may unlock future benefits.

Early involvement offers the opportunity to earn more points and shape the platform through feedback and active participation.

How to Get Started

Participating is simple:

  1. Download the Denaria app from the landing page or by scanning the QR code:



  2. Sign up to receive a welcome bonus in both demoUSD and Denaria Points.
  3. Engage with the Demo version of the Perpetual DEX by completing tasks, daily log-ins, trading, and inviting others to join.

 

-The DeFi Foundation

 

What is Denaria?

Denaria is the most complete and user-friendly derivatives suite in the DeFi space, designed to serve a diverse range of users and meet the needs of various market participants.