Early Special Bonus

Limited-time Bonus Offer

1DFX is offering a once off for Liquidity Providers that stake their LP Tokens and commit a minimum of 75 ETH in the liquidity pool.

Minimum Commitment Quantity	75 ETH equivalent, in 75 ETH increments
Maximum Quantity per Transaction	300 ETH equivalent
Minimum Contiguous Length of Deposit	90 days
1DFX Bonus	15,000 $1DFX per 75 ETH
Accepted Assets	wstETH or weETH
Deposit Window	First two weeks since deposits open

1DFX rewards are earned by an innovative ‘volume-based’ algorithm. The benefit is that each staker's reward is not affected by others in the staking pool. The reward rate for $1DFX is set to programmatically decrease in ‘halvings’, analogous to Bitcoin.

This reward system incentivizes:

1. LP Stakers to stake now, rather than later

2. Staking before the next halving

3. LPs staking with as much volume as possible to earn the reward rate before the rate reduces programmatically

4. Continuation of staking under the assumption that a LP token will rise in value as the Liquidity Pool accumulates fees, thereby increasing the ‘difficulty’ in which the 1DFX token can be earned

Chain	Zircuit L2
Reward Token	$1DFX
Reward Token Address	TBA
Reward Rate	3.0 $1DFX tokens, per 1LPT.c token, per year, accrued by the millisecond
Max Supply	1 billion $1DFX tokens
Reward Rate Volume Trigger	90 million $1DFX tokens When the quantity of $1DFX tokens that are earned reaches this trigger volume, the reward rate is reduced by the Reward Rate Reduction.
Reward Rate Reduction	50%
Lead-in Time	3 days During the lead-in time, no reward tokens are accrued.
Vesting Schedule	None. However, tokens will not be transferable until trading go-live.

Example: 1.0 wstETH (valued at $3,000 per wstETH) is deposited into the liquidity pool at the price of $1.0 per 1LPT.c token. 3,000 $1LPT.c tokens are received by the depositor and the depositor stakes the $1LPT.c tokens into the staking pool. After the 3 day lead-in time, the staker will earn 3000*3.0 = 9000 $1DFX tokens per year. This rate is not dependent on the other stakers in the staking pool and remains unchanged until the reward rate volume change is triggered.

Note that in the early stages of the project launch, the reward rate details are subject to change by the project if necessary. In the future, the reward rate will be ‘locked’ and the reward parameters can no longer be changed.