$GM Single Token Staking Launches on O3 Swap
GhostMarket is pleased to announce our partnership with O3 Swap that has resulted in our native token $GM being made available across three of O3 Swap integrated blockchains; Ethereum, Polygon and Avalanche.
This is a single token staking pool, meaning you only need to be a $GM token holder to benefit, which is great for those earning rewards from our Trading Incentives Program.
One of the added benefits to $GM token holders is that O3 Swap is an aggregated DEX, which means that because of the way their infrastructure works, it provides additional liquidity and volume for $GM on ALL of the decentralized exchanges we are currently listed on!
An initial US$10,000 of $GM token will be deposited into each pool.
Incentives Program to encourage staking on O3 Swap
The GhostMarket Team is providing an initial incentive for you to stake your $GM in the pools created.
An allocation of US$5,000 per chain is being made available to reward those who take up this offer.
In addition to the $GM, you will also earn $O3 tokens on any $GM tokens staked to the O3 Vault.
This means you can earn DOUBLE rewards!
Importantly, this is only single token staking, you do not need to provide a pair in order to earn extra tokens.
Rewards start at 10am UTC on August 17, 2022
How can I Trade $GM?
- To trade $GM on O3 Swap, go to https://o3swap.com/swap and connect your wallet from the chain you wish to use (Ethereum, Polygon or Avalanche) by pressing the ‘link’ symbol on the right hand side.
2. Select your wallet and click connect
3. Add GM to the box as shown below and the amount of (in this example) ETH you wish to trade and click ‘RFQ’ to obtain a trading price.
4. Press Swap to confirm the price offered
How can I add liquidity to the pools?
- Go to https://o3swap.com/hub and find the GM pools
2. Open the GM Pools tab to choose which chain you want to add liquidity too by clicking the + button.
3. Input the number of tokens you want to deposit into the pool.
Then click ‘Deposit’ to continue the transaction, and click the ‘Confirm’ button in the pop-up window of your wallet extension or app to submit the transaction. (The balance available for you to deposit will be shown in the upper right hand side)
4. After the transaction, you will receive an amount of LP tokens representing the liquidity you deposited.
How can I earn Rewards?
1. Go to O3 Vault, switch to the chain that you added your liquidity to and scroll down to find the $GM staking pool, then click ‘Stake’.
2. Scroll down to find the $GM staking pool
3. Click ‘Stake’ and enter the number of tokens you wish to stake to earn rewards and click ‘Confirm’.
If it is the first time your wallet or the token you select is used, you need to click on the ‘Approve’ button at the pop-up window. Then click ‘Confirm’ again. The final step is to click confirm in the pop-up window of your wallet extension or app.
O3 Swap Details
Check out O3 Swap’s announcement here:
These are the relevant contract details you need relating to $GM.
⛏️Stake LP-GM, to Earn Double Rewards
Stake starts at: 8/17 4:00 AM (UTC)
Rewards start at Timestamp: 1660730400 (8/17 10:00 AM UTC)
O3 Contract Address: 0xEe9801669C6138E84bD50dEB500827b776777d28
🧑🌾Add liquidity on GM pools to farm both $GM & $O3! Below is the LP-GM Contract Address on ETH, Polygon and Avalanche.
LP-GM Contract Address:
On Ethereum:
0x19ccBc7908B375255d4612E035Df7211C05A18eE
On Polygon:
0xcfB10Ab7B8045Ae9f0F9A8Ec658531163b6603F9
On Avalanche:
0xABB99287fa95512B68c7dd5732c6101D7939A33a
The O3 Swap system may seen complex and if you need help, they have a useful ‘Guides’ section that can help explain anything you need more guidance on. Check them out here:
We hope that you take advantage of our single staking partnership with O3 Swap. If you have any questions then join our Discord or Telegram channels to ask them.
About GhostMarket
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