SX Weekly #6 - $1M of LM Rewards
Also check out the new user interface of the bet credits feature
📈 SX Snapshot
$SX Price:Â $0.66
SX Betting Volume (7d):Â $2.48m
SX Treasury Value:Â $46.01m
💦 $1m Bet Mining Program Incoming
We’re excited to tease that a new 3-month $1,000,000 bet mining program, dubbed Bet Mining 3.0, is going to be announced in the upcoming days with one of our earliest and biggest supporters. This partner is effectively matching the SX rewards in Bet Mining 2.0, meaning every $1 of SX you earn from bet mining will be doubled for the next three months. We estimate this program will add a minimum of $25-30 million in incremental bets for the November-January period!
Stay tuned for more details on who the partner is, what tokens bettors will earn, and all the details of the program! 📺
🎉 Bet Credits Launch
Bet credits will finally allow SportX to offer deposit bonuses and sign up incentives to new users. While bet credits are the most common marketing feature for custodial and non-crypto betting sites, SportX will be the first non-custodial betting site to offer them. The design, building and implementation of this feature has taken months of hard work but we are excited to say that bet credits will go live very soon.
Take a look at what this new Bet Credits feature is going to look on the account page:
🚜 SX Yield Farming
SX can be used to generate a yield by staking or providing liquidity in the following yield farms. Check out the liquidity channel, staking page or Youtube education series for more info on how to take advantage of these great opportunities.
💻 About SX Network
SX Network will be the first public blockchain to combine a smart contract platform with an on-chain community treasury and a native prediction market protocol. SX Network is a stand-alone smart contract blockchain built on the Polygon SDK. It is designed from the ground up for blockchain application developers with EVM-compatibility, low-cost transactions, and a PoS-based consensus model.