Subscribe & Redeem

Subscribe Flow

The subscription process involves both backend API calls and on-chain contract interactions:

┌──────────┐  ① GET /earn/products     ┌──────────────┐
│  Client  │ ───────────────────────▶  │  Public API  │
│          │ ◀───────────────────────  │              │
│          │  Product list              └──────────────┘
│          │
│          │  ② POST /earn/subscribe/prepare
│          │ ───────────────────────▶  ┌──────────────┐
│          │ ◀───────────────────────  │ Protected API│
│          │  EIP-712 signature         └──────────────┘
│          │
│          │  ③ approve USDT
│          │ ───────────────────────▶  ┌──────────────┐
│          │                           │ USDT Contract│
│          │  ④ call subscribe()       └──────────────┘
│          │ ───────────────────────▶  ┌──────────────┐
│          │                           │ Earn Contract│
└──────────┘                           └──────┬───────┘
                                              │ ⑤ Subscribed Event
                                              ▼
                                       ┌──────────────┐
                                       │   Backend    │
                                       │ Creates record│
                                       │ Mints NFT    │
                                       └──────────────┘

Step 1: Get EIP-712 Domain

GET /earn/domain

Response

{
  "types": {
    "EIP712Domain": [
      { "name": "name",              "type": "string" },
      { "name": "version",           "type": "string" },
      { "name": "chainId",           "type": "uint256" },
      { "name": "verifyingContract", "type": "address" }
    ],
    "Subscribe": [
      { "name": "user",      "type": "address" },
      { "name": "productId", "type": "uint256" },
      { "name": "amount",    "type": "uint256" },
      { "name": "deadline",  "type": "uint256" }
    ]
  },
  "primaryType": "Subscribe",
  "domain": {
    "name": "Primit Earn",
    "version": "1",
    "chainId": 421614,
    "verifyingContract": "0x436dcB8a2478D636a6cC678AE7A2E4c5449cB3ba"
  }
}

Step 2: Browse Products

GET /earn/products

Query Parameters

Parameter	Type	Required	Description
status	string	No	Filter by status: created / subscribing / active / settled / ended / cancelled
page	number	No	Page number, default 1
page_size	number	No	Items per page, default 20

Example

GET /earn/products?status=subscribing&page=1&page_size=10

Response

{
  "products": [
    {
      "id": "123204f6-5bde-4434-890a-8ca241f66067",
      "chain_product_id": 1769524310,
      "name": "USDT Earn 900% APY",
      "description": null,
      "annual_rate": "900.00%",
      "period_rate": "0.00%",
      "annual_rate_bps": 90000,
      "period_rate_bps": 0,
      "duration_seconds": 300,
      "total_quota": "500000000.00",
      "subscribed_amount": "500000000.00",
      "available_quota": "0.00",
      "subscription_rate": "100.00%",
      "min_amount": "100000000.00",
      "max_amount_per_user": "500000000.00",
      "status": "subscribing",
      "subscriber_count": 1,
      "subscribe_start_time": "2026-01-27T14:33:00Z",
      "subscribe_end_time": "2026-01-27T14:38:00Z",
      "settle_time": "2026-01-27T14:43:00Z",
      "is_subscribing": true,
      "is_sold_out": false,
      "time_remaining_seconds": 180
    }
  ],
  "total": 1,
  "page": 1,
  "page_size": 20
}

Product Fields (ProductDetail)

Field	Type	Description
id	string	Product UUID
chain_product_id	number	On-chain product ID
name	string	Product name
description	string | null	Product description
annual_rate	string	Annual yield (percentage string)
period_rate	string	Period yield (percentage string)
annual_rate_bps	number	Annual rate in basis points (1% = 100)
period_rate_bps	number	Period rate in basis points
duration_seconds	number	Lock duration in seconds
total_quota	string	Total subscription cap (Wei)
subscribed_amount	string	Total subscribed amount (Wei)
available_quota	string	Remaining available quota (Wei)
subscription_rate	string	Subscription progress percentage
min_amount	string	Minimum subscription amount (Wei)
max_amount_per_user	string	Maximum per-user subscription (Wei)
status	string	Product status
subscriber_count	number	Number of subscribers
subscribe_start_time	string	Subscription start time (ISO 8601)
subscribe_end_time	string	Subscription end time (ISO 8601)
settle_time	string	Settlement time (ISO 8601)
is_subscribing	boolean	Whether currently in subscription period
is_sold_out	boolean	Whether fully subscribed
time_remaining_seconds	number | null	Seconds remaining in subscription window (only during subscription period)

Step 3: Get Product Details

GET /earn/products/:id

Parameter	Type	Description
id	string	Product UUID or chain_product_id (integer string)

Returns a ProductDetail object (same fields as product list).

Step 4: Prepare Subscription (Get Signature)

Authentication Required

This endpoint requires a valid JWT token in the Authorization header:

Authorization: Bearer <JWT_TOKEN>

POST /earn/subscribe/prepare

Request Body

Field	Type	Required	Description
product_id	string	Yes	Product UUID
amount	string	Yes	Subscription amount in human-readable USDT (e.g., "100" = 100 USDT)

{
  "product_id": "123204f6-5bde-4434-890a-8ca241f66067",
  "amount": "100"
}

Response

Field	Type	Description
chain_product_id	number	On-chain product ID
amount	string	Subscription amount in Wei (for contract call)
deadline	number	Signature expiry (Unix timestamp, 30 min from now)
signature	string	EIP-712 backend signature
contract_address	string	Earn contract address
user_address	string	User wallet address

{
  "chain_product_id": 1769524310,
  "amount": "100000000",
  "deadline": 1772006400,
  "signature": "0x1a2b3c...",
  "contract_address": "0x436dcB8a2478D636a6cC678AE7A2E4c5449cB3ba",
  "user_address": "0x29F721B203A9fC9c5DDe35A739d8b8E0E4605489"
}

Subscription Restrictions

Condition	Error Code
Product not in subscribing status	SUBSCRIPTION_CLOSED
Current time outside subscription window	SUBSCRIPTION_CLOSED
Amount below minimum	AMOUNT_TOO_LOW
Exceeds per-user maximum	AMOUNT_TOO_HIGH
Insufficient remaining quota	QUOTA_EXCEEDED
Invalid amount format	INVALID_AMOUNT
Zero or negative amount	INVALID_AMOUNT

Step 5: On-Chain Subscription

After obtaining the signature, the client must execute two on-chain transactions:

// Step 1: Approve the Earn contract to spend USDT
await usdtContract.approve(contract_address, amount);  // amount in Wei

// Step 2: Call subscribe on the Earn contract
await earnContract.subscribe(
  chain_product_id,   // On-chain product ID
  amount,             // Wei amount (from response)
  deadline,           // From response
  signature           // From response
);

Interest Calculation Example

900% APY, 300s lock (≈5 min), 100 USDT subscription:

Interest = 100 × 9.00 × (300 / 31536000) ≈ 0.0000855 USDT

---

Redeem (Claim)

After a product reaches settled status, users can claim principal + interest directly on-chain. No backend API call is needed.

Claim Principal + Interest

// Claim after product is settled (NFT is automatically burned)
await earnContract.claim(chain_product_id);

The backend listens for the Claimed event and automatically updates the subscription record:

• nft_status → redeemed
• claimed → true
• claim_tx_hash is recorded

Emergency Refund

When a product is in cancelled status, users can get their principal back:

// Emergency refund for cancelled products
await earnContract.emergencyClaim(chain_product_id);

note

Claiming and emergency refund are purely on-chain operations. The backend automatically synchronizes state via event listeners (polling interval ~12 seconds). Subscription records may take 12–30 seconds to reflect the updated status.

---

Code Examples

Python — Browse Products (Public)

import requests

BASE_URL = "https://api.primit.io"

# Get EIP-712 domain info
resp = requests.get(f"{BASE_URL}/earn/domain")
print("Domain:", resp.json())

# List subscribing products
resp = requests.get(f"{BASE_URL}/earn/products", params={"status": "subscribing", "page": 1, "page_size": 10})
data = resp.json()
for p in data["products"]:
    print(f"  {p['name']} — APY: {p['annual_rate']}, Quota: {int(p['available_quota']) / 1e6:.2f} USDT")

# Get product details
product_id = data["products"][0]["id"] if data["products"] else "example-uuid"
resp = requests.get(f"{BASE_URL}/earn/products/{product_id}")
print("Product detail:", resp.json())

Python — Prepare Subscription (JWT Required)

import requests

BASE_URL = "https://api.primit.io"
JWT_TOKEN = "your_jwt_token"

resp = requests.post(
    f"{BASE_URL}/earn/subscribe/prepare",
    headers={"Authorization": f"Bearer {JWT_TOKEN}", "Content-Type": "application/json"},
    json={"product_id": "123204f6-5bde-4434-890a-8ca241f66067", "amount": "100"},
)
data = resp.json()
print(f"Chain Product ID: {data['chain_product_id']}")
print(f"Amount (Wei): {data['amount']}, Deadline: {data['deadline']}")
print(f"Signature: {data['signature']}")
# Use this signature to call earnContract.subscribe() on-chain

---

Error Codes

Error Code	HTTP Status	Description
SUBSCRIPTION_CLOSED	400	Product not in subscription period (status or time window)
AMOUNT_TOO_LOW	400	Amount below product minimum
AMOUNT_TOO_HIGH	400	Exceeds per-user maximum limit
QUOTA_EXCEEDED	400	Insufficient remaining product quota
INVALID_AMOUNT	400	Invalid amount format, zero, or negative
PRODUCT_NOT_FOUND	404	Product ID does not exist
UNAUTHORIZED	401	Not authenticated or invalid token

Error Response Format

{
  "error": "Product is not open for subscription",
  "code": "SUBSCRIPTION_CLOSED"
}