IoTeX members earn points for participating in various campaigns. 1 point = 1 IOTX. The minimum requirement to withdraw (convert to tokens) is 1000 points.
- Login to the account system via iotex.io/login with your Telegram account
- View /Set your ETH address.
- View your points earned from our community reward programs.
- Click the menu options and then choose “Redeem”
- Enter the number of points you would like to redeem (1:1 conversion) and click “Submit”
Then you are all set! To avoid congestion on Ethereum network, we will process the applications gradually and finalize all point-to-token redemptions within two weeks of our token issuance date.
*If you have less than 1000 points, you will not be able to submit the redemption application since the gas fee is higher than the token value. Our account system will support points circulation (send & receive points with each other) in future releases. At that time you will be able to exchange points between accounts.