PerlinX — First project to join UMA’s Developer Mining Program
UMA has just announced Developer Mining, a new program that will replace their current Liquidity Mining program.
We’re proud and honoured to be the first project to participate in UMA’s Developer Mining program.
All UMA rewards going to PerlinX will be fully passed on to minters for the first 4 weeks. We may require participants to participate in UMA governance to receive the full amount on the 5th week onwards.
UMA rewards will start tallying with an hourly snapshot starting on November 10, 2020 and will be distributed weekly.
How Do I Earn $UMA Reward?
Just mint and stake any pxAssets!
Risk Labs Foundation is giving out 50k $UMA per week pro-rata to all synthetic asset minters based on the total value minted.
Updates to $BAL Reward
Starting October 28th, BAL distributions will be done through a claims contract at https://claim.balancer.finance. This is done using a merkle root of the totals published weekly. You can claim each week, or let BAL accumulate multiple weeks and claim in a single tx.
Recent Updates on PerlinX
Watch Darren Toh, Head of Communications & Tian Chuin Chen, Product Manager at Perlin talk about Crypto In A Regulatory World in REIMAGINE 4.0 broadcasted on Nov 2, 2020.
Have questions?
Join us on Telegram or Discord! We would be happy to answer them.
Send us feedback on what pxAsset you’d like to trade/mint next!
Useful links
UMA Announces Developer Mining
PerlinX & UMA Synthetic PxAsset Minting
Part 1: Introducing PxUSD & what you can do with it
Part 2: All the Calculations & Values You Need to Know
Part 3: How do I Manage My Position?
PerlinX User Guides:
Other PerlinX Links
Start Staking now: https://app.perlinx.finance
Community APY dashboard: bit.ly/PerlinX
Community Calculator tool for all sorts of calculations
Stay tuned for more updates and announcements on our channels:
Twitter | Discord | Telegram Announcements | Telegram Discussion
