Reminder: The rewards from the First xBTC OKX Campaign will be expired after 27 Sep 07:00 UTC.
Aug 27 11:00 UTC - Oct 05 11:00 UTC
xBTC OKX Supply & Borrow Campaign
Live
Unlock higher APRs with exclusive, limited-time rewards for xBTC suppliers on NAVI.
Supply xBTC today and enjoy exclusive APR subsidies on USDC and SUI.
xBTC OKX Supply & Borrow Campaign
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xBTC Supply APR
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Event ends in
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Borrow USDC
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Borrow SUI
Your Dashboard
Your xBTC Supply
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Borrow Fee Bonus Earned-
Borrow Interest Bonus Earned-
Claimable USDC Bonus-
Campaign 1
During the Campaign, Only users who supply xBTC on OKX Earn or NAVI can access exclusive APR Boosts. Designed to maximize your xBTC.
Campaign 2
Only xBTC suppliers are eligible for the Borrow incentives Bonus.
1. Over $50,000 in incentives from NAVI and OKX Earn for users who supply on OKX Earn or NAVI and borrow USDC or SUI on NAVI.
Reward Distribution Method
1.
The bonus will be distributed hourly to subsidize the user's borrow APR, unless the incentive pool has been completely distributed. Any existing protocol incentives (if applicable) remain claimable on the Dashboard page , while xBTC campaign bonuses will be distributed and claimed in real time on the Campaign Page.
2.
The Borrow APR Bonus will be calculated based on xBTC’s share of the total supply.
3.
For Borrow APR Bonus, 60% of the rewards will be distributed in $USDC on the NAVI platform, while the remaining portion will be distributed in $SUI and claimed through OKX Earn.
4.
$SUI rewards are only eligible for users who supply xBTC through OKX Earn.
5.
Rewards will be calculated based on the market price at the time.
6.
Change in Collateral Asset Ratio will be calculated based on the asset ratio captured in each hourly snapshot.
Note
  • The NAVI team will monitor supply and borrowing activities to ensure fairness and prevent duplicate participation.
  • To optimize USDC/Sui borrow APR boost and borrow fee rebate, we recommend using xBTC as the primary collateral to participate campaign.
  • The rewards from the First xBTC OKX Campaign will be expired after 27 Sep 07:00 UTC.
  • User can Claim the First xBTC OKX Campaign reward with xBTC OKX Campaign v2.0.
  • Users must claim their rewards on the campaign page. After the Campaign ends The claim window for claimable USDC Bonus will be open for 30 days. Any rewards not claimed within this period will be forfeited.
  • In case of a system malfunction, rewards will be calculated using the most recent valid data.
  • Have questions about the $xBTC or Campaigns ?
    Check out$xBTC FAQ
    NAVI reserves all rights of final interpretation for this campaign/event.