How to Earn and Claim CTX Rewards on Rinkeby Testnet

Tom Matz
Cryptex Finance
Published in
5 min readMar 18, 2021

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Thank you for joining us for another round of testnet! This time we’d love for you to test out earning and claiming CTX rewards on Rinkeby testnet. You’ll be able to do this by:

1. Minting TCAP Tokens

2. Staking LP Tokens

Here’s a step by step guide on how to try out both:

Minting TCAP Tokens and Claiming CTX Rewards

  1. Visit https://rinkeby.cryptex.finance/ and connect your MetaMask wallet, make sure you’re on the Rinkeby testnet, NOT mainnet.
  2. Since this is a new version of the testnet, you’ll have to mint new TCAP tokens. If you need a refresher on how to mint TCAP tokens, you can follow these steps.
  3. After you mint TCAP tokens visit the Farming page (Click on the tractor icon)

4. On the Farming page, under the Minting Rewards section you’ll see the amount of TCAP tokens you have minted in each vault. You’ll also start to see unclaimed CTX rewards populate which you have earned simply for minting TCAP tokens.

5. To claim your CTX rewards click on the corresponding Claim button and approve the transaction. Once the transaction is approved, you will see your Current Reward balance go to 0. That means the CTX is out of the protocol and into your wallet!

6. You can view your claimed CTX in your wallet or by clicking on the governance Portal page of the dapp.

PLEASE NOTE: The reward per vault during this testing phase is 500,000 CTX, which will be accumulated over a 7 day period. The amount of CTX you receive is based on your % of TCAPs you mint compared to others during this 7 day period. PLEASE ALSO NOTE, the amount of CTX being rewarded is not going to mirror what the rewards will actually be once mainnet launches.

Staking LP Tokens and Claiming CTX Rewards

  1. Visit the Farming page of the dapp (Click on the tractor icon) and scroll to the Liquidity Rewards section. Click on the name of the liquidity pair under the description that you want to provide liquidity for.

2. You will be directed to the pair on Sushiswap. Just make sure your wallet is connected on Sushiswap first so the pair can auto-populate! Enter the TCAP amount you want to add and the corresponding amount of ETH (or other options) will auto-populate. Then click on Supply. (If it’s your first time doing this, you will have to first Approve TCAP and then you can click Supply.)

3. You will then see a pop-up, click on Confirm Supply.

4. Once the transaction is approved you will see your pool share along with your LP tokens under the Your position section.

5. Go back to the Cryptex dapp, on the Farming page, under the Liquidity Rewards section, and you will also see your LP token balance. In order to earn CTX liquidity rewards, you have to stake your LP tokens. To do so click on the Stake button for the corresponding pool.

6. A screen will pop up. Enter in the amount of LP tokens (or click on MAX) you want to approve and then click the Approve Tokens button.

7. Another screen will pop up. Enter the amount of LP tokens you want to stake (or click on MAX) and then click the Stake Tokens button.

8. Now your LP tokens are staked and will begin to earn CTX liquidity rewards!

9. To claim your CTX rewards click on the corresponding claim button and approve the transaction. Once the transaction is approved, you will see your reward balance go to 0. That means the CTX is out of the protocol and into your wallet!

10. You can view your claimed CTX in your wallet or by clicking on the governance portal page of the dapp.

PLEASE NOTE: The reward per pool during this testing phase is 400,000 CTX, which will be accumulated over a 180 day period. The amount of CTX you receive is based on your % of the pool compared to others during this 180 day period. PLEASE ALSO NOTE, the amount of CTX being rewarded is not going to mirror what the rewards will actually be once mainnet launches.

Once you go through all of the steps, share your experience & feedback with us on this form and share more of your thoughts with us on discord on the testnet-feedback channel

We can’t wait to hear from you!

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Tom Matz
Cryptex Finance

Building the future of DeFi at Cryptex Finance.