Pyth Airdrop to Infinex Users

The Infinex Treasury has approved an airdrop of 1,000,000 $PYTH to users who opened crates within the first 24 hours of crate opening for Craterun.

Jul 13, 2024

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Less than 1 min read

Pyth Network has been a key integration for Infinex, specifically Pyth Entropy, which was used to ensure the randomness of prizes. Additionally, Pythians are some of Infinex’s most engaged community members, having recently received a Governance Point airdrop, as proposed in XIP-44. The further alignment of Infinex Users with Pyth Holders through this airdrop is intended to build a stronger bridge between the respective protocols.

Airdrop Distribution

The 1,000,000 $PYTH is to be distributed equally among 2,023 eligible users. This equates to 494.32 $PYTH for each user – users will not need to claim anything. The Infinex Account now supports $PYTH (as approved in XIP-57). $PYTH will show as an asset under the Wallet tab in your Infinex Account and be liquid, represented onchain. Additionally, users can stake their airdrop to accelerate their Craterun rewards.

Eligible users will also notice the “Early Craterunner” badge under the Wallet tab to mark their early involvement in the Infinex platform. This is the first badge earned from using an Infinex integration, and any future badges will also be displayed here.

Badges section in the Infinex app

Future Plans

Infinex plans to expand integration partners rapidly to provide additional functionality for the Infinex community to enjoy. Protocols like Curve, Wormhole, Synthetix, Lido, Jupiter, Renzo, and many more have already been added to the roadmap.

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