What is Pact?
Pact is a decentralised exchange (DEX) offering deep liquidity and accessible smart contract functionality. Transactions on Pact are available to users of all levels of wealth and experience. Pact fosters a robust platform for seamless trading of a variety of assets, leveraging the exceptional speed and minimal transaction costs of the Algorand blockchain, Pact offers a 24/7 trading environment where transactions are completed in seconds for just a fraction of a cent.
Summary:
What is the program goal?
The overarching ambition is to increase TVL and in turn expand the volume of assets traded and number of users. The TDR program is structured to encompass multiple dimensions to attain this vision:
1. Support and retain current liquidity.
2. Cement our cross-platform partnerships.
3. Attract additional liquidity.
As a decentralised exchange firmly entrenched in the Algorand ecosystem, all rewards generated through Pact are to be distributed via its platform. Active collaborations are underway with protocols on co-incentive plans, alongside other marketing strategies to boost the potency of the program. Additionally, partnerships are being forged with stable coin providers and asset management platforms like Folks Finance, xBacked, Algomint, ASAStats, Meld Gold & more (to be finalised) to co-incentivize specific trading pairs and foster collaborative strategies, further enhancing the appeal and functionality of the Pact platform.
Allocation:
Amount: 1,875,000 $ALGO
What will be incentivised and where:
*TBD — This figure will be reserved to be allocated to future farms, this may be for new or existing farms, with details published once this is finalised.
N.B
The 5.3 % marked TBD is now allocated to the following pools at 1.333r%
goUSD/(w)USDC (0.04%) 1242543233
goUSD/(w)USDT (0.04%) 1242550428
fALGO/fGOLD$ (0.3%)
fALGO/fSILVER$ (0.3%)
Rewards will be distributed via: Pact.fi Reward Wallet
