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IceCreamSwap Joins Core Ignition Program

Sep 2, 2024
  1. Core Ignition Pools
  2. Partner Pools and Incentives
  3. How Core Ignition Works

IceCreamSwap, the first DEX aggregator on the Core platform, has announced its participation in the official Core Ignition Incentive Program, providing users with the ability to earn yield in various Core related pools and additional points towards the Core airdrop.

Core Ignition Pools

Current core ignition pools include (but are not limited to): - CORE - ICE - USDT - CORE - CORE - stCORE - solvBTC.b - COREBTC - CORE - ASX

Partner Pools and Incentives

In addition to the standard Core pools, IceCreamSwap also includes the ability for partner pools to earn rewards. The newly launched CORE - ASX pool provides the ASX Capital community the chance to earn ICE rewards, trading fees, and Core Ignition incentives.

How Core Ignition Works

Participation in the Core Ignition Program is open to all Core network users, with exceptions for those in prohibited jurisdictions. ### Benefits of Participation 1. Access to DeFi Ecosystem: Participants gain access to Core Chain’s vibrant DeFi environment, engaging with cutting-edge applications. 2. Incentive Structure: The program offers rewards for contributions such as inviting others, bridging assets, holding specific assets, executing transactions, and interacting with dApps. ### User Dashboard & Core Ignition Balance The Core Ignition dashboard tracks user activity and balances. Users accumulate a Core Ignition Balance, which aggregates the value of assets held in their Core Ignition wallet or locked in approved DeFi protocols, including contributions from invitees. ### Sparks & Spark Boost Sparks represent daily interactions within the Core ecosystem. Users earn Sparks based on their Core Ignition Balance and multipliers, with additional Sparks from invitees. The Spark Boost adjusts the multiplier for individual rewards. ### Spark Multipliers Spark Multipliers enhance rewards across various categories: - Asset Multipliers: Boost Sparks based on specific assets held. - Tier Multipliers: Reflect user contributions and engagement levels. Campaigns may provide additional multipliers. ### Special Early Adopter Bonus To reward early participants, a one-time 10x Spark multiplier will be applied on the day of Spark calculation rollout.

Active participation and leveraging the Core Ignition Incentive Program allow users to capitalize on various rewards within the Core ecosystem, fostering both personal and network growth.

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