Launching 3 New Farms with TRISOLARIS!
wNEAR<>stNEAR | xTRI<>stNEAR | TRI<>stNEAR
Overview
Thrilled to announce that Meta Pool, where liquid staking meets smart revenue, is expanding into Aurora! We are extending the benefits of stNEAR — lending and liquidity provision for Farming — to all Aurora users.
Quick Facts
- Meta Pool expanding benefits of stNEAR into Aurora Defi Ecosystem
- Three new Farms Trisolaris: wNEAR <> stNEAR, xTRI<>stNEAR and TRI<>stNEAR
- stNEAR can be sent over Rainbow Bridge
- Users can also obtain stNEAR directly on the Meta Pool DApp
Trisolatis Partnership — Farms
We’ve partnered with Trisolaris to launch the first two stNEAR pools on Aurora on February 8th! And TRI <> stNEAR 2 weeks after! Are you ready for it?
As all Meta Poolers know, stNEAR allows NEAR holders to earn staking rewards while participating in DeFi, so let’s have a look at the 3 different farms that we are going to launch:
- wNEAR<>stNEAR
- xTRI <> stNEAR
- TRI<>stNEAR will be launched about 2 weeks later
Benefits of Using stNEAR on a Liquidity Pool
The value proposition of using stNEAR in Liquidity Pools is quite simple: increase revenue streams for LPs to:
- Swap Fees: a small percentage of each trade.
- Farming Rewards: incentives provided by the protocol (i.e. REF) to attract capital.
- Staking Rewards: currently sitting at approx. 10.5%
The use of stNEAR, a yield bearing asset, will be particularly beneficial for low volume pools or pools that do not have any farming incentives.
$META Rewards
As part of our new strategy to distribute $META rewards through our partners, all users providing liquidity to the stNEAR pools will earn double rewards in both $TRI and $META! Meta Pooler, you can take advantage of this opportunity and be ready to participate in our future DAO!
How to obtain stNEAR?
From NEAR
- Deposit NEAR into Metapool.app, receive stNEAR
- Swap NEAR for stNEAR on REF Finance
- Send stNEAR over the Rainbow Bridge from NEAR
From Aurora
- Swap NEAR for stNEAR on Trisolaris
- Deposit NEAR into Metapool, receive stNEAR
Meta Pool team will continue working hard to increase the uses of stNEAR and developing partnerships with great platforms and projects like Trisolaris.
These pools plan to go live next week. We will share exact details on both our Discord/Twitter/Telegram, stay tuned!
Happy farming!
If you have any questions or wish to be part of Meta Pool, don’t hesitate to join our official platforms and reach out to the team!
