Announcing Liquidity Pool Rewards on Osmosis AMM DEX
We are proud to announce the launch of our Liquidity Program with 300,000 $NGM in monthly rewards on the Osmosis AMM DEX. The liquidity program will commence immediately and will end on 4th November 2021.
Liquidity providers will gain rewards based on their percentage share of the overall liquidity pool. These rewards are paid in our native token $NGM to every liquidity provider that locks liquidity in the following pairs.
1/ ATOM — EEUR: https://app.osmosis.zone/pool/482
2/ NGM — EEUR: https://app.osmosis.zone/pool/461
* If you are interested in going into detail about what is liquidity mining and the risks and benefits associated with it, we recommend you read this article published by the team of Osmosis.
About e-Money
The e-Money protocol is built for the issuance of a range of interest-bearing currency-backed stablecoins reflecting various world currencies. Each token is backed by a reserve of assets denominated in its underlying currency. e-Money currently supports the Euro (EUR), Swiss Franc (CHF), Swedish Krona (SEK), Norwegian Krone (NOK), and the Danish Krone (DKK) with a host of additional currencies pegged for release throughout the year. The project is dedicated to total transparency with quarterly reserve audits performed by Ernst & Young.
Unlike most existing stablecoins which aim to maintain a static 1:1 peg with their underlying assets, the value of e-Money’s currency-backed tokens continually shifts in line with the interest accrued on the reserve assets. This means that holders benefit from the interest accrued on their assets while they sit securely in your wallet. The e-Money blockchain supports instant payments at scale and includes a DEX for easy conversion between currencies. e-Money has already integrated with Ethereum and expects to integrate with Binance Smart Chain, Cosmos Hub, Avalanche, Polygon, and Elrond in 2021.
