Polkadex Partners with Equilibrium Once Again for a Better Polkadex Crowdloan Experience

On top of 10x higher PDEX rewards, Crowdloan contributors via Equilibrium will also receive EQ and xDOT.

Rewards for Polkadex Crowdloan contributions via Equilibrium

Every Polkadexer who contributes to the Polkadex Crowdloan through Equilibrium’s xDOT product will receive the following rewards from Polkadex:

  • Base reward of at least 2 PDEX per DOT.
  • An exclusive utility-based NFT for each of the top 1,000 contributors which will grant holders a 20%–50% discount on Polkadex Orderbook trading fees.*
  1. 10 EQ tokens per DOT
  2. 1 xDOT per every DOT

What is xDOT?

xDOT is a token that represents a Crowdloan contributor’s locked DOT position. Polkadex Crowdloan contributors on Equilibrium will get 1 xDOT for every 1 DOT they contribute. Once the 96 week parachain lease comes to an end, xDOT holders can redeem xDOT for DOT at a 1:1 ratio.

Full rewards breakdown and participation guide

For more rewards details and a more comprehensive guide on how to participate in the Polkadex Crowdloan, check out the article below:

About Equilibrium

Equilibrium is a cross-chain DeFi super-app that combines a money market and a spot market with margin trading. The platform performs the full gamut of DeFi functions from pooled lending and synthetic asset generation to decentralized trading. EQ is the native utility token that is used for communal governance of Equilibrium. xDOT is a liquid and tradeable wrapped DOT that unlocks liquidity of DOT locked in parachain auctions and delivers multiple crowdloan bonuses on Polkadot. Subscribe to Equilibrium’s Telegram, Twitter, Facebook, and Medium.

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