Published in


Opium announces double liquidity mining with 1inch

1inch is a DEX aggregator that brings together liquidity from various DEXs. By splitting orders across multiple DEXes in one transaction, 1inch maintains the lowest slippage and bridges liquidity if a particular trading pair loses liquidity across all DEXes.

1INCH team has decided to cooperate with Opium Network to develop a double liquidity mining program for 1INCH-OPIUM liquidity providers. Over a six-month period (24 weeks), 0.01% (150k) of the total supply of 1INCH tokens will be allocated among providers of liquidity to the 1INCH-OPIUM pool under this liquidity mining program.

We liked the idea and decided to propose that token holders support this initiative (via voting). We proposed that participants in the 1inch liquidity mining program be rewarded with 150'000 $OPIUM tokens from the Ecosystem Fund over a six-month period (24 weeks) through the 1inch Exchange farming mechanism.

The new program, centered on the 1INCH-OPIUM pool, will start at 9 pm UTC on March 30.

About Opium

Opium is a universal and robust DeFi protocol that allows for creating, settling, and trading decentralized derivatives.

Explore Opium Protocol or try out Opium Finance.

Stay informed and follow Opium.Team on Twitter.

Did you know that you can subscribe to our News Channel to get more exciting news delivered to your morning coffee?




Opium Protocol is the universal protocol to create, settle and trade virtually all derivatives in a trustless way.

Recommended from Medium

How To Make Profit With An NFT Marketplace Like Axie Infinity?

How To Make Profit With An NFT Marketplace Like Axie Infinity?

How to Add a Solana Phantom Wallet to Your SpaceFalcon Profile

Menlo One Announces Block Overflow — A blockchain Stack Overflow that pays for answers

Uswap DEX launching the first public NFT marketplace on TRON!

In the DeFi ecosystem, insurance remains a niche market.

The Digital Art Minting Blockchain — Polluting Our Planet With NFT Art Marketplaces

Launching LP farming in collaboration with DISCIPLINA

The daVinci.Gallery DAO

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Opium Team

Opium Team

More from Medium

Deep Dive into High-Profile Crypto Exploits — Part I: Beanstalk Farms

Lighting Network: A speed and scaling solution enhancing Bitcoin’s network

BetSwirl Integrates Chainlink Keepers to Help Decentralize and Automate Reward Distributions

Zoo’s EthDenver Recap — A Multichain Party