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The Ambire Blog

ADX Farming: Announcing Incentivized Liquidity Providing on Uniswap/Balancer

For a limited time only, we’re launching ADX farming

How to participate?

To participate, you need to deposit funds into one of the pools, and you’ll receive a special LP token representing your share in that pool. You can then stake this LP token on the Farm page of our staking portal to start incurring ADX rewards. This page also contains links to the respective Uniswap/Balancer pools.

Community-requested pools

In order to increase the awareness of AdEx within the various other communities, we’re allocating a small portion of the LP rewards to pairs that do not include ADX. Each of these pools will be allocated a total of 250k ADX over 20 days.

  • ETH/YFI on Uniswap
  • ETH/UNI on Uniswap
  • ETH/LINK on Uniswap

What’s the APY

At this point, it is too early to project the APY of this farm, because we don’t know the amount of liquidity that will be staked yet.

Smart contracts

We use a fork of the MasterChef contract which has been battle tested and ran without significant issues or vulnerabilities on Sushiwap, Sakeswap, PICKLE and others.

Risks

We recommend participating in this only if you’re experienced in providing liquidity on Uniswap/Balancer, as it’s riskier and harder than normal staking.

The ADX-LOYALTY pool

Recently, we launched the loyalty pool: a staking pool that issues the ADX-LOYALTY governance token.

👉 👉 👉 FARM ADX NOW 👈 👈 👈

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Ambire Wallet is a new generation DeFi-centric cryptocurrency wallet that lets you use your crypto and access DeFi easily and securely. www.ambire.com