The GET Liquidity Mining program
As promised, here are the full details for the GET liquidity mining program. Everything you need to know, and then some.
UPDATE: The GET Liquidity Mining program has been updated to include QuickSwap. Please see the new and improved liquidity mining program details here.
What is going to happen?
It’s safe to say that GET Protocol is the leading blockchain ticketing project out there. With over half a million tickets issued, the protocol is currently being used by ticketing companies in four market.
The GET token is an integral part of the protocol; roughly summarized, the token acts as a fuel for the protocol to function, and for the smart tickets to do their job. Here’s a full breakdown of the GET tokenomics.
Now: Liquidity mining
Following the many successful examples of Liquidity Mining programs set by other projects, we are excited to present the GET Liquidity Mining Program!
We will periodically reward Liquidity Providers of the GET-ETH pair on Uniswap V2. This will be done in a very simple way:
From now until November 1st, GET Protocol will airdrop a total of 32,000 GET as rewards to Liquidity Providers of the GET-ETH pool on Uniswap V2, at random intervals.
UPDATE: The GET Liquidity Mining program has been extended until at least the end of Q2 2021. As Uniswap V3 is rolled out, we will determine the updated process of the rewards and communicate them here.
How to take part
So, once more for the people in the back; here’s how to take part.
Step 1. Provide liquidity to the GET-ETH pair on Uniswap V2.
Step 2. GET Protocol airdrops GET to the Uniswap V2 pool at random intervals.
Important: If you are not experienced with Uniswap or providing liquidity, we’d like to remind you that you are in no way obliged to do so. If this concept is new to you and you would like to learn more about how this works, this blog is a good place to start. As with all things crypto, be sure to completely understand what you are doing before you start, as it is not without risks.
When are the rewards starting?
This GET liquidity rewards program will begin at the very latest on October 1st, but it could begin any point before that.
The Liquidity Provider rewards could start tomorrow, next week, or a bit later. We’re not telling you, that would ruin the fun.
We will be constantly evaluating the effects of the program and share potential modifications. In the meantime we will also be exploring the addition of Balancer Pools, amongst other things.
Who knows, we might also be adding other components to the program that could make things even more rewarding…
Why this program?
Besides attracting additional attention to the project, the addition of liquidity is of crucial importance for the protocol to function. Deep and continuous liquid markets not only provide easier trading of GET for the bigger investors among us, but are also an integral part of the protocols usage, as we move forward with increasingly large clients.
Furthermore, we are making significant progress with our Decentralized Event Financing approach, for which healthy liquidity and a somewhat DeFi savvy community will be valuable assets.
More about GET Protocol
Feedback
As always, if you have comments, questions or suggestions, please drop in to our active Telegram channel, and be sure to follow us on Twitter.
Where to buy GET
Want to get your hands on some GET tokens? Here’s an easy guide.
How to help out
- If you are a fan of our system and want to help out, you can do so by leaving a review about our most prominent ticketeer GUTS Tickets on Google, the iOS app store or Google Play store.
- You can also add GET to Metamask
Korea
Our Korean Telegram channel can be found here, and our Naver page is here.
Learn more
If you want to know more about what we do, read our whitepaper, visit our website, or join the discussion on the GET Protocol Reddit.
Exchanges
If you would like to see the GET token listed on specific exchanges, the best way to do this is to (publicly) let exchanges know about the project. The more they hear about it from actual traders, the better!
