Staking Incentives for the Reflexer Community are Now Live!
Dear H2O and Reflexer communities,
As we gather community feedback and work diligently to deploy our first batches of UX improvements since our launch last week, and rejoice with the healthy growth in TVL and community interest, we’re thrilled to announce that our Staking Incentives for the Reflexer Community are now live!
As it is known by most by now, H2O is a friendly fork of the RAI stablecoin. Therefore, we want to ensure that our ecosystem partners and their communities are rewarded.
Starting today, we’re providing $PSDN rewards to the Reflexer Community!
As previously communicated, 7% (70,000 $PSDN) of the total supply of $PSDN will be linearly allocated as LP incentives for the Reflexer Community over the course of the next 18 months.
The rewards will be distributed the following stakers / pool participants:
- FLX staking (single sided)
- FLX/ETH LPs (Uniswap V2)
- RAI Curve LP
- Please note, to participate in this program, you need to deposit $FLX or your LP tokens on our Dapp— the incentives are live right now!
About H2O
H2O is the first non-pegged stable asset for the Web3 Data Economy, with a managed float regime that serves as a medium of exchange and unit of account in decentralized data marketplaces.
Disclaimer: This article has been published previously on our Mirror blog.
