Staking Vaults are Now Live for PSDN and H2O — Here’s What You Need to Know
Here’s everything you need to know about Incentives within H2O:
Since we’ve launched, our LP staking incentives are going strong with up to 91.59% APR. More information on the current rates can be found on our Dapp.
All About $PSDN Single Sided Staking
This is a simple single-sided staking vault that emits $PSDN and grants governance power to $PSDN token holders. There is no inherent risk for IL in the staking vaults, which just serve as access to governance power. The vault is initially programmed at 1420 $PSDN/weekly emissions.
The staking vaults allow users to stake their liquidity pool tokens in order to earn $PSDN rewards. To participate in the single side staking incentives program go to our Dapp.
$PSDN and $H2O LP Staking:
We provide strong APRs for liquidity pools below:
- PSDN<>ETH
- OCEAN<>PSDN
- H2O<>ETH
- H2O<>OCEAN
- RAI<>3CRV
- FLX<>ETH
The annual percentage rate (APR) for each pool is subject to change and will be based on the total value locked (TVL). We are targeting a 100% APR to incentivize liquidity and provide safe refuge from impermanent loss incurred by liquidity providers. Note that emissions will be dynamically adjusted based on TVL in the pool and targeted liquidity for PSDN and H2O.
To participate on the $PSDN LP incentive program, add liquidity to one of the pools above using Gamma and deposit the LP tokens within our Dapp.
We encourage all Single Side staking and LP participants to also join our Discord channels — our H2O community is tight and we want to make sure everyone’s questions are addressed ASAP. Come join us! 🌊⚡🔱
About H2O
H2O is the first non-pegged stable asset for the Web3 Data Economy, with a managed float regime that serves as a medium of exchange and unit of account in decentralized data marketplaces.
We’d love for you to join our growing community of builders and users committed to decentralized data economies in DeFi.
Disclaimer: This article has been published previously on our Mirror blog.
