💎 Gem Credits
Earn from Sonic Network's Airdrop by Trading on Lynx.
Gem Credits on Lynx
At the end of each season on Sonic Network (first season ends in June 2025), Lynx will redeem its Sonic Gems—developer-focused airdrop points distributed by Sonic Network—for $S tokens. These tokens will then be distributed to Lynx users based on their Gem Credit balance on Lynx.
Gem Credits are earned by trading on Lynx and determine your share of Lynx’s $S token allocation at the end of each Sonic season. These credits reflect your trading activity and contribution to on-chain volume.
For example, if you hold 10% of all Gem Credits on Lynx, you will receive 10% of Lynx’s $S token allocation.
Token Distribution Breakdown:
75% of Lynx’s $S token allocation will be distributed based on Gem Credits.
25% will go to trading competition rewards.
How to Earn Gem Credits
Gem Credits are earned exclusively through trading on Lynx. There are two ways to earn credits:
Regular Traders
Earn 0.10 Gem Credits for every $1 of trading volume in regular mode.
Example:
Collateral: $10 of USDC.e
Leverage: 100x
Volume: $1000 USDC.e You will earn 200 Gem Credits when closing this position (100 credits for opening volume and 100 credits for closing volume).
Cat Mode Traders (above 250x leverage)
Earn 10 Gem Credits for every $1 of Trading PNL (positive or negative) in cat mode.
Example:
Collateral: $10 of USDC.e
Take Profit: 100%
P&L at Closing: $10 You will earn 100 Gem Credits when closing this position.
Key Details:
Gem Credits are earned every trade, and there is no cap on the amount of credits you can earn
Supported collateral assets include $USDC, $wS, $scUSD, and $OS
Track your Gem Credits
To support Sonic Season 1, Lynx will launch a Gems Farming Page, allowing users to track their Gem Credits and projected $S rewards.
View the dashboard here:
Frequently Asked Questions
What are Gem Credits?
Gem Credits are earned exclusively by trading on Lynx and determine your share of Lynx’s $S token allocation at the end of each Sonic season.
What are Sonic Gems?
Sonic Gems are developer-focused airdrop points distributed by Sonic to dApps like Lynx. These Gems can be redeemed by Lynx for $S tokens, which Lynx will then distribute to its users.
When will I receive my $S tokens?
$S tokens will be distributed at the end of each Sonic season (first season ends in June 2025).
Where can I track my Gem Credits and $S rewards?
A Gems Farming Page is available on Lynx, where you can track your Lynx Points and projected gems rewards.
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