We're thrilled to announce the start of Craterun – Infinex's latest prize-filled yield farming campaign.
If you haven't already, create your Infinex Account and start earning crates.
About Craterun
Craterun is designed to be a precursor to the Patron NFT sale and was originally proposed and approved in XIP-34.
During Craterun users can farm access to Patron NFTs by depositing assets into their Infinex Account and staking them to earn Crates. Crates can be opened within the Infinex App, creating a gamified and engaging experience where participants can win a variety of prizes, including:
- Patron NFT - an IOU redeemable for a free Patron NFT
- Patron Passes - guarantees an opportunity to purchase a Patron NFT
- Patron Tickets - provides access to the Patron NFT sale
- Ecosystem prizes - IOUs redeemable for the corresponding prize. Ecosystem prizes are provided by partners and projects.
- Boosts - boosts inflate the user's staked amount for the sole purpose of earning crates. Boosts come in denominations of $1,000, $10,000, $100,000, and $1,000,000. Boosts have no monetary value and cannot be withdrawn.
How to Craterun
- There are 5 million crates to be distributed over the course of the Craterun campaign which runs for approximately 5 weeks from 25 June 00:00 UTC until 30 July 00:00 UTC, ending before the anticipated Patron NFT Community Sale.
- Crate earning starts on 25 June 00:00 UTC and is based on the total USD value of supported assets staked (see all supported assets), plus any boosts earned from crates or the Speedrun campaign.
- Crate opening will be enabled within one calendar week from the start of the campaign, and will be based on users' final waitlist ranking from the Speedrun the Waitlist campaign.
- Earned whole crates can be opened to reveal its contents. Opening crates is an onchain action that uses Pyth's onchain Entropy contract to randomly allocate a prize, with crates containing a prize 50% of the time.
- Prizes won will be redeemable after the end of the Craterun campaign.
Please read the "How to Craterun" instructions before getting started, including an overview of boosts, withdrawal amnesty, staked amount lock, and more.