Apyx Pips (Points Program)

Overview of the Apyx points propgram

Apyx Pips is the points program for Apyx. A Pip is equivalent to a point and represents your participation and engagement within the ecosystem.

The Apyx Pips campaign is designed to reward participation across key activities within the Apyx ecosystem, including on-app usage and DeFi liquidity engagement. Pips are earned through qualifying actions such as holding, locking, committing assets, providing liquidity, or trading yield-based tokenized products.

Season 1 of the Apyx Pips campaign will run until either 12 weeks have elapsed or the apxUSD supply reaches $1 billion, whichever comes first.

For any and all updates regarding Apyx Pips, please refer to our Twitter or Discord.

• Twitter: https://x.com/apyx_fi

• Discord: http://discord.gg/apyx-fi

Participation is restricted for users in certain jurisdictions, including the United States, the European Union, the European Economic Area and any sanctioned jurisdiction. Users in those jurisdictions will not be able to access the relevant parts of the Apyx web application, including the dApp interface.

How It Works

The Apyx Pips campaign is structured across multiple short-duration seasons, referred to as “epochs,” and operates on a multiplier-based framework. For each eligible activity, points are awarded based on the USD value of the activity performed.

These incentives are intentionally designed for long-term participants and genuine users of the protocol, not participants seeking a short-term airdrop with a fast exit. The Apyx Pips campaign is built for users who seek to engage with the ecosystem, deploy capital, and participate over time.

To preserve the integrity of the program and ensure fair distribution, any attempt to exploit, manipulate, or game the system may result in the removal of points or full disqualification.

Earning Pips (Season 1)

Pips are calculated based on the USD value of assets held, multiplied by the applicable multiplier. There are several ways to earn Pips during Season 1.

1. Hold, Lock, Commit

Hold apxUSD • 5x multiplier • Includes apxUSD supplied to supported lending markets

Commit apxUSD • 10x multiplier • Capped at $100M total commitments • Users may initiate unlock at any time • 30-day unlock period • Multiplier removed immediately upon uncommit initiation

Lock apxUSD → receive apyUSD • 1x multiplier (base incentive) • Represents yield-bearing exposure

2. Liquidity Provision & Commit

Users can earn Pips by providing liquidity to Curve apxUSD pools (apxUSD/USDC and apxUSD/apyUSD) and committing the resulting LP tokens. Curve LP tokens generated from these pools can be committed through the Apyx frontend.

apxUSD/USDC LP (commit) • 12x multiplier • $50M cap

apxUSD/apyUSD LP (commit) • 6x multiplier • $20M cap

As with apxUSD commitments, a 30-day unlock period applies, and the multiplier is removed immediately once the uncommit is initiated. Simply providing liquidity does not earn Pips; LP tokens must be committed to be eligible.

3. Yield Tokenization

Users can earn Pips by providing liquidity to apxUSD or apyUSD markets on Pendle Finance. • apxUSD LP: 12x • apyUSD LP: 11x • Each market capped at $100M

Users seeking higher exposure to Pips may also purchase Yield Tokens (YT). • apxUSD YT: 16x • apyUSD YT: 13x

4. Referrals

• Referrers earn 5% of referred users’ Pips • Referral rewards capped at 100% of the referrer’s own Pips • No bonus for using a referral link