Staking Airdrop Guidance

1. Bridge

Since ZKFair is a Layer 2 network built on Ethereum, users need to transfer their tokens to ZKFair for interaction. This can be done via the bridge at https://wallet.zkfair.io/.

1. Swap

USDC

On the ZKFair network, USDC is used as the stablecoin for paying Gas fees.

WUSDCHyperionX allows the use of WUSDC to exchange for USDX (Exchange Dollar) for perpetual contract trading, liquidity purchases, and staking.

This can be done via the swap at https://izumi.finance/trade/swap.

1. Log In

HyperionX supports logging in with both Web 3 wallets (Bitget Wallet, Metamask Wallet) and Web 2 methods (Google email, phone, Twitter, etc.).

1. Transfer

To use WUSDC in HyperionX, you need to transfer WUSDC from "My wallet" to "Exchange Wallet". Once transferred, WUSDC is converted to USDX at the prevailing exchange rate. Similarly, when you withdraw assets from your exchange wallet, USDX is converted back to WUSDC at the exchange rate.

1. Buy HLP

• Visit the “Earn—Liquidity” page.

• Enter the amount.

• Confirm the purchase and sign the transaction.

• Wait for the epoch to end and the order to execute.

  • To facilitate immediate liquidity purchases and staking for the airdrop, HyperionX is initiating a special 30-minute epoch for one day, starting from 00:00 UTC on February 2nd. The epoch duration will revert to 4 hours from 04:00 UTC on February 3rd.

• Claim the bought HLP after the epoch.

1. Stake HLP

• Visit the “Earn—Lock & Earn” page.

• Enter the amount.

• Select the duration of your staking.

• Confirm and sign the transaction.

1. View and claim your airdrop rewards

   • Visit the “Airdrop” page.

   • Check your current staking point and $HPX acquisition details.

• My Staking Points: Sum of the user's current staking points.

• Total Staking Points: Sum of all staking points on the exchange.

• $xHPX claimable: The cumulative amount of $xHPX that the user can claim from staking.

• $xHPX acquired: Total amount of $xHPX the user has claimed from staking so far.

• There's also a section for the history of $xHPX claims from staking.

This section records each instance of $xHPX claim, detailing the time and quantity of tokens received during each claim.