Charlie Garcia
The f(x) Protocol was created as a DeFi solution to provide stability in the cryptocurrency realm while also addressing centralization risks. It was developed by Aladdin DAO following the banking crisis in March.
f(x) Protocol is currently offering a points campaign to arUSD stablecoin users. By using arUSD, users can accumulate free EtherFi, Eigen Layer, and FX points. Find out more in the guide below. Participants who gather points may qualify for a future airdrop, with 0.5% of the FXN supply set aside for this purpose.
- Visit the f(x) Protocol website.
- Connect your wallet.
- Mint some rUSD.
- Utilize arUSD, the tokenized form of rUSD EtherFi Stability Pool vaults from Convex Finance.
- Deposit in the eETH stability pool to earn eETH and FXN.
- Users can earn 4X EtherFi and 2X Eigen Layer points.
- Deposit in the ezETH stability pool to earn Renzo’s ezETH and ezPoints.
- For a limited time, users can earn 3X EtherFi points and 3X FX points.
- Multiple ways to earn with arUSD are available.
- Holding arUSD in your wallet enables you to receive automatic compounding interest.
- During the two-week bootstrapping phase, you can earn up to 6X EtherFi points rather than the usual 4X with arUSD.
- Invite friends to earn additional points.
- Participants with collected points may be eligible for a future airdrop. 0.5% of the FXN supply is allocated for this purpose.
- For more details on various earning methods, refer to the official announcement.
If you are interested in projects without a token yet that might airdrop a governance token to early users in the future, check out our potential retroactive airdrops list to stay informed about upcoming DeFi airdrops!
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