$TRI Liquidity Mining Details
Fellow Trisolarians,
$TRI liquidity mining is near (no pun intended). This blog has all the information needed to get started
When does liquidity mining start?
Liquidity mining will begin Tuesday (November 16th) AM UTC. We will post the exact block on our twitter, telegram and discord.
We are moving the proposed launch date back a little because there is a major NEAR network upgrade on Monday the 15th, that will also impact Aurora (for the better). We want to start liquidity mining once the upgrade is fully complete.
That being said, the staking UI will be live tomorrow (Saturday November 13th), so you can stake your LP tokens beforehand and do not have to be on your computer when mining goes live.
What pools will be incentivized?
As mentioned in our previous blog, we are absolutely dedicated to serving the NEAR community and our main goal is to bring a thriving defi ecosystem onto NEAR
As such, we will initially allocate the below pools at the following ratios:
Initial Incentivized Pools
- $TRI — $wNEAR [30%]
- $wNEAR — $ETH — [14%]
- $wNEAR — $USDT — [14%]
- $wNEAR — $USDC — [14%]
- $USDC — $USDT — [14%]
- $wNEAR — $WBTC — [14%]
How to begin farming?
- Add liquidity for one of the incentivized pairs (as detailed above) in here
2. Go to the ‘FARM’ tab (which will appear in the UI header tomorrow Saturday Nov 13). Select a Farm for which you want to participate in and click ‘Deposit’ (pools shown below are for illustrative purposes only).
3. You will be taken to the liquidity management page for the farm. Here you can stake your LP tokens by clicking ‘Deposit TLP Tokens’ at the bottom.
4. After you deposit your TLP tokens, you should start seeing the $TRI you’ve earned in the ‘Your unclaimed TRI’ section. Here you can click the ‘Claim’ button to claim the $TRI or the ‘Withdraw’ button to withdraw your TLP tokens as well as claim any earned $TRI.
Will there be any initial liquidity for $TRI?
The team will seed the $TRI-$wNEAR pool with initial liquidity on Monday (Nov 15). We will not stake these liquidity tokens to earn rewards. This initial seeding is meant solely for our users to get exposure to $TRI immediately if they choose and participate in the $TRI pools.
As $TRI is a fair launch token, the primary method through which $TRI can be earned is by staking your LP positions in one of the farm contracts above. One liquidity mining starts, rewards will auto accumulate to staker!
Next steps
- We will announce when staking UI is live (saturday)
- We will open-source contracts and update our docs with all relevant information (this weekend)
- We will let announce the exact start-block (monday)
