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    DeFi

    Synthetix Doubles Infinex Rewards for sUSD Deposits

    Yeek.ioBy Yeek.ioJanuary 31, 2025No Comments2 Mins Read
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    Synthetix and Infinex are turning up the rewards for sUSD depositors. As of January 30, 2025, we’re doubling weekly rewards to 10,000 SNX and 10,000 OP, just for making a deposit.

    If you’ve been farming yield or just getting started, now’s the perfect time to deposit and claim your share.

    Earn More with Boosted Rewards

    Starting January 30, 2025, at 00:01 UTC, sUSD depositors on Infinex will earn:

    • 10,000 OP tokens
    • 10,000 SNX tokens

    Rewards accrue in real-time and are distributed weekly for the next 4 weeks. Current APR estimates are shown below:

    • $2M in total deposits: 79.8% APR
    • $5M in total deposits: 31.9% APR
    • $10M in total deposits: 15.9% APR

    Week 2 depositors earned about 25% APR just for depositing, and now we’re pushing it even higher. With deposits currently at $2.5M, there’s still room for more yield farmers to claim rewards. You can track current deposits on the Infinex TVL dashboard.

    Weekly Patron Giveaway Continues

    Beyond token rewards, we’re continuing the weekly Patron giveaway. Each week, one active Infinex user with $1,000+ in sUSD deposits will receive an unlocked Patron NFT in their Infinex account.

    Users Cyberdruid and Bitlion1 have already won an Infinex Patron NFT (check your accounts!). Deposit now, and you could be next!

    No Sybil activity allowed—detected Sybil efforts will be disqualified.

    How to Get Started

    Getting started is easy—follow these steps to start earning:

    1. Create an Infinex Account: Head to Infinex to create an account or log in.
    2. Deposit sUSD: Transfer sUSD into your Infinex account.
    3. Earn Rewards: Rewards accrue in real-time and can be claimed weekly.

    For more details on account creation, visit the Infinex Support page.

    Don’t Miss Out

    With doubled rewards and weekly Patron giveaways, there’s no better time to check out our friends at Infinex.

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