Volmex Finance, the volatility index protocol, has introduced a novel crypto points program to engage users in exploring the Volmex Implied Volatility Indices and associated crypto volatility products.
Users can accumulate points through various activities within the Volmex ecosystem, such as trading Volmex perpetual futures on the DEX testnet, participating in daily quests related to volatility indexes, contributing to the community, engaging in Galxe NFT campaigns, acting as a trader or liquidity provider on Volmex DeFi volatility products, or referring new users.
Newcomers to the platform receive an initial boost of 250 points upon registration, while existing participants can exchange completed tasks or NFTs for additional points. The program is designed to enhance awareness and participation in Volmex’s innovative offerings.
As of February 2022, Volmex’s total value locked (TVL) reached its peak at approximately $1.6 million, maintaining stability around $500,000 over the past year. The introduction of the crypto points program reflects Volmex Finance’s commitment to fostering engagement and community involvement within its ecosystem.