We’re excited to introduce the NovaPoints Program designed to reward the community while incentivizing traders and liquidity providers. Especially the NovaDEX Early Testers will be generously rewarded with extra rewards !

We will distribute 1,000,000 NVX (~1% of Total Supply) tokens to the community based on the amount of NovaPoints accumulated.

Depending on the success of the first program there will be subsequent periods after that. The first period will last for 5 weeks until March 5th.

The program will start with the launch of NovaDEX on the Solana Mainnet and will be effective immediately thereafter.

Engaging in activities like Swapping and Adding Liquidity will enable you to accumulate NovaPoints.

Introducing the Loyalty Program

The NovaPoints Program is designed to reward the community while incentivizing trades, maximizing profits for both traders and Liquidity Providers, who will be rewarded with NovaPoints.

NovaPoints are components of an off-chain NovaDEX points system utilized to quantify rewards for the community, including both traders and liquidity providers. Rewards will be distributed based on the number of NovaPoints accumulated.

Here’s how you can earn NovaPoints:

1. Earn 1 NovaPoint for every dollar of trade volume.

2. Earn 1 NovaPoint for 1 USD liquidity provided in a day. (must be within the specified range).

Note: You will automatically receive 1 NovaPoint for every $1 generated in trading volume.

Additionally, we extend rewards to liquidity providers. Each liquidity provider will earn NovaPoints per dollar liquidity provided for each day.

Important Note: Liquidity providers are eligible for rewards only if they provide liquidity within the specified range. Providing liquidity outside this range will result in no points (NovaPoints) being rewarded.

The NovaPoints program will kick off after the Solana mainnet launch.

You can check the leaderboard here: NovaDEX Leaderboard

Giving Back to Testnet Users

We’ve come a long way and are now finalizing the launch on the mainnet. We couldn’t have made it without the community supporting the project. We believe that now is the time to give back! There will be a 1.25X multiplier on NovaPoints earned for early supporters. Those who participated in our testnet filled out the form on Zealy will be verified for eligibility.

How to participate

Start trading eligible tokens to earn NovaPoints and share the NVX rewards!

Soon you will see your NovaPoins stats, including your earned NovaPoints in the Rewards screen on NovaDEX.

Eligible tokens 🪙

The program will start with a few eligible tokens:

• NVX-USDC
• SOL-USDC
• USDC-USDT
• JITOSOL-SOL

*The change in length of periods and amount of rewards may be subject to change depending on the program’s success.

*Rewards will be subject to vesting period of 30 days from the day of distribution.