nUSDO’s $META Rewards Round 2!
As a proud member of Meta Pool’s $Meta Reward Partner Program, we are thrilled to announce that the second round of $META rewards for vault deposits for the nUSDO on OINDAO will begin on February 10, 3:00 AM UTC!
Quick Summary
- Start: February 10, 3:00 AM UTC
- Duration: 30 days
- Total Rewards: 1,000,000 $META tokens
- Mechanism: Rewards for deposits within your vault
- Link: https://near.oin.finance/
For a quick tutorial on how to mint nUSDO, check out gitbook here.
NOTE: The $META rewards are given for vault deposits, not borrowed nUSDO amounts.
Meta Incentives Round 2
To bolster yield-farming strategies, MetaPool has injected another round of rewards for stNEAR depositors on the OINDAO. Amassing at 1 M tokens over a 1 month period, users can now enjoy an extra bit of tokens from their favorite liquid-staking project on NEAR!
A quick recap of some yield-farming strategies available for the nUSDO (all APY figures are at time of writing):
Ref Finance Farms
Mint the nUSDO by collateralizing the stNEAR on the OINDAO
- Meta Pool rewards ~11%
- $META rewards
Provide LP to the nUSDO-wNEAR pool on Ref Finance, and stake on their Farm
- Fee distribution from LP
- REF rewards ~75%
OINDAO Stability Pool
Mint the nUSDO by collateralizing the stNEAR on the OINDAO
- Meta Pool rewards ~11%
- $META rewards
Stake into the Stability Pool on the OINDAO
- OIN rewards ~37%
As the OINDAO allows a seamless yield-farming experience, we’re always looking to bring you the best strategies to rewards our users. Keep an eye out for more exciting opportunities in this fast-paced world of DeFi!
ABOUT OIN FINANCE
OIN is a decentralized multi-chain stablecoin issuance platform. With a robust set of features such as single-vault liquidations and own-brand-labelled stablecoins, we bring the turnkey stablecoin issuance solutions for all, including layer-1 partners.
For all the recent updates and progress, connect with OIN Finance and become a part of our community at:
