Put Your RLC Tokens to Work and Yield Farm with the RLC/USDC Pool on Uniswap v3
We’re thrilled to unveil an exciting new opportunity for iExec RLC token holders! We're rolling out a new incentive program as part of our ongoing commitment to empower our RLC community. You can now put your RLC tokens to work and yield farm with an RLC liquidity pool on Uniswap v3.
Why Participate?
- Put Your RLC Tokens to Work: By providing liquidity, you maximize the utility of your RLC tokens.
- Earn Trading Fees: Gain a share of the trading fees from the pool.
- Extra Rewards: Benefit from an additional 10,000 USDC distributed to pool participants.
- Support the Community: Help grow the RLC ecosystem by increasing the TVL of the pool.
Here’s how you can get started liquidity mining:
- Deposit into the Pool: Provide liquidity to the RLC/USDC pool on Uniswap v3. Click the “Add Liquidity” button on the Uniswap page: https://app.uniswap.org/explore/pools/ethereum/0xB6c228e27b11a41cDB664cD765FE8d4261a18abE
- Earn Rewards: In addition to the trading fees earned from the pool, you will receive a share of the 10,000 USDC rewards distributed through Merkl (https://x.com/merkl_xyz).
ℹ️Deposit liquidity parameters (pool page):
- Quantity of RLC: can deposit any amount, even 0 RLC.
- Quantity of USDC: can deposit any amount, even 0 USDC.
- Price range: set a price range. When the RLC price exits that range, you won’t earn further trading fees.
Practical example: Today’s price +-$1 could be a good range so if RLC = $2, the selected range could be $1 for the lower side, and $3 for the upper side.
In that case, you would need to deposit both tokens: RLC and USDC. Note that in case the RLC price goes out of range, you will be able to manually “rebalance” your position, in order to continue earning trading fees.
Note that it is also possible to deposit only RLC (with a range of be $2 to $3, for example) or only deposit USDC (range could be $1 to $2).
You can claim these rewards at any time through Merkl — whether weekly, monthly, or once at the end of the campaign. Keep in mind that claiming rewards will incur some gas fees.
Here’s where you can claim your share of the rewards on the Merkl page:
https://app.merkl.xyz/ethereum/pool/0xB6c228e27b11a41cDB664cD765FE8d4261a18abE
Get Started Today!
Start earning while supporting the RLC community. Deposit into the RLC/USDC pool on Uniswap v3 and start earning today!
➡️https://app.uniswap.org/explore/pools/ethereum/0xB6c228e27b11a41cDB664cD765FE8d4261a18abE
