dForce introduces the “Arbitrum Summer Vibes” 500k ARB Incentives Campaign! ☀️🏖
We are thrilled to announce the launch of the “Arbitrum Summer Vibes” campaign, a 500k ARB liquidity mining initiative funded through the Arbitrum STIP grant program!
Starting TOMORROW Thursday June 27th at 12:00pm UTC and running for 12 weeks until September 19th, 2024, this campaign aims to boost the adoption of USX, sUSX, Unitus Lending and BLP, and LSD vaults on the Arbitrum network.
Keep reading to learn more details about the campaign, and click here to check the exact incentives distrbution for the first week of the campaign!
The Campaign
The ARB tokens received through the Arbitrum STIP Addendum program (click here to read the full proposal) will be distributed across various initiatives aimed at enhancing the liquidity and adoption of USX, sUSX, and Unitus Lending and BLP, and LSD vaults within the Arbitrum ecosystem:
- Boost Lending and Borrowing Markets on Unitus Finance + BLP on Camelot DEX
- Bootstrap the adoption of sUSX, the savings version of the decentralized stablecoin USX
- Promote LSD Vaults with Aspida
- Collaborations and Co-Marketing Campaigns
Click here to see the first week allocations, and note that these might change weekly to ensure effective distribution of ARB tokens. Stay updated on our Forum and follow us on social media for the latest news!
1. Boost Lending and Borrowing Markets on Unitus Finance + BLP on Camelot DEX 🔵
As with the last STIP campaign, we will incentivize lending and borrowing activities on Unitus.finance, the Lending and Borrowing Protocol of the dForce ecosystem, as well as the UTS/DF LP on Camelot DEX to incentivize BLPing.
Unitus, now operational on six different chains, offers a unique Bonded LP i(BLP) mechanism where $UTS and $ARB rewards are given to those who provide liquidity for UTS/USX and/or UTS/DF for at least 1% of their TVL on designated DEXes such as Camelot on Arbitrum.
To learn more about Unitus, check out their docs and join the conversation on Telegram and Discord.
2. Bootstrapping the adoption of sUSX 💰
Get ready for sUSX, the saving version of USX, the Decentralized Stablecoin of dForce ecosystem! sUSX is the first-ever Omni Native Yield-bearing stablecoin: it can be minted on any of the chains available, and provides DeFi and RWA native yield to its holders.
With the “Arbitrum Summer Vibes” campaign, dForce will be incentivizing its adoption at launch: mint sUSX using your USX on Arbitrum and get rewarded in $ARB as well as with a 15% native yield!
To learn more about USX and sUSX, visit their website and leave a follow on X!
3. Launch and Promote LSD Vaults to mint USX 🔴
Liquid Staking Derivatives (LSD) assets play a vital role in maximizing returns for stakers. We are renewing our partnership with Aspida, this time by incentivizing the Vault with their LST saETH: deposit saETH, mint USX, and get rewarded in ARB tokens!
To learn more about Aspida, visit their website and leave a follow on X!
4. Collaborations and Co-Marketing Campaigns 🌍
As always, we stay are open to working with protocols interested in amplifying out Liquidity Network Ecosystem to grow the entire Atrbitrum ecosystem!
If you see synergies between our ecosystem, hit us up on Telegram, Discord, or X via DM, or email us at contact@dforce.network and let’s start building the space together!
Join the “Arbitrum Summer Vibes” Campaign!
We are working to make the “Arbitrum Summer Vibes” campaign a fantastic opportunity for the community to earn rewards while supporting the growth of the USX, sUSX, and Unitus Lending ecosystems on Arbitrum.
Stay connected with us through our Telegram chat for real-time updates and discussions. Don’t miss out on any of our announcements or the chance to participate in this vibrant campaign starting TOMORROW June 27th and running until September 19th!
Together, let’s make this summer one to remember with “Arbitrum Summer Vibes”!
About dForce
dForce is pioneering a Permissionless Liquidity Infrastructure, bringing together diverse ecosystem projects such as Unitus.finance and usx.finance under a cohesive, integrated protocol stack.
With a rich history dating back to 2019 and investors as Multicoin Capital, CMBI, Huobi Capital, the dForce ecosystem brags today around 200 million dollars of total assets.
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