PairEx Doc
  • OVERVIEW
    • Introduction
    • Crypto Trading Pairs
    • Forex Trading Pairs
    • Oracle Price
    • Fees
      • Open Close Fee
      • Funding Fee
      • Rollover Fee
      • Liquidation
    • "Earn" System
      • Vault
      • PLP
      • FAQ - Earn System
    • Referrals
      • FAQ - Referrals
    • Tokenomics
    • NFT Monthly Pass
      • Minting
  • GETTING STARTED
    • Arbitrum Goerli Testnet
    • Perpetual Contract Trading
      • Update TP/SL
      • Position History
  • HELP
    • FAQ
    • Smart Contract Audits
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  1. OVERVIEW

"Earn" System

The "Earn System" allows users to deposit their USDT into the vault of the PairEx platform in exchange for PLP tokens which serve as a counterpart to traders on our platform. PLP can potentially increase in value, creating a win-win situation for both traders and liquidity providers.In order to use the Earn System, here are some instructions:

  1. Connect your decentralized wallet to PairEx's platform. We support wallets such as MetaMask, WalletConnect, and more.

  2. Once connected, navigate to the "Earn" page on PairEx's platform.

  3. Deposit your USDT in the liquidity vault. The amount of PLP you receive in exchange for your deposited USDT will depend on the current exchange rate.

  4. Monitor the value of PLP on PairEx's platform. If the value of PLP increases, withdraw your USDT for a profit.

Remarks:

  • Users can only withdraw their USDT after T+3 days (three days after the initial deposit). This ensures that there is always sufficient liquidity in the vault.

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Last updated 2 years ago