LP pool also comes to Charging Station

The Recharge
TheRecharge
Published in
2 min readOct 25, 2021

Dear RCG fam!

We are excited to announce that a brand-new pool “RCG LP Flexible Pool”

What is “LP Flexible Pool”?

LP pool is a staking pool that you can stake your LP (Liquidity Provider) received for the liquidity contribution to DEX.
In general, LP pool does provide a higher rate of return due to the possibility of *impermanent loss.

The Airdrop for the First LP Contributors

We are planning to provide the highest APY on the LP pool to properly compensate your support and contribution to The Recharge’s ecosystem and this time, we will also offer additional 20% of what you add in liquidity in dollar value through airdrop

Period: From now — December 31, 23:59pm (Should not be removed during the period)
Entry Deadline: November 30, 23:59pm (Should be entered within the November 2021)
Airdrop Rate: 20% of your liquidity in dollar value at the time of contribution to DEX
Payout: RCG
Payout date: Before January 5th, 2022
Minimum Contribution: 500 RCG
DEX: Any DEX on BSC and ETH

Liquidity Contribution from the foundation

The Recharge Labs will add more liquidity on either Uniswap or Pancakeswap no later than November 2021.
This is to ensure that RCG liquidity is buffered before listing on CEX so that traders can bear less slippage when trading.
We will announce the exact date for the liquidity addition when the time comes

We always appreciate your support and we will always shape the future of RCG ecosystem together

✉️ ️More about The Recharge

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The Recharge
TheRecharge

Decentralized incentive hub for electric power based ecosystem