Updates on the WanSwap farming pools
We are witnessing a crypto space that is evolving at an incredible speed, standing still is going backwards. At Wanswap, we make decisions from an important point of view: how can we grow the project in a healthy way? To provide clear answers to this, we have decided to make some important changes to our farming pools. We want to evolve towards a DEX that consists only of quality farming pairs, with attractive APYs. To achieve this, three things need to happen: remove farming pairs with a low TVL, increase the rewards of pairs with a high TVL, and finally, add new, quality farming pairs.
Removing farming pools
- Remove wanEOS/WAN pair (TVL 190,000 USD)
- Remove wanLINK/WASP pair (TVL 167,000 USD)
- Remove wanUNI/WASP pair (TVL 99,000 USD)
- Remove wanSUSHIi/WASP pair (TVL 81,000 USD)
- Remove wanMKR/WASP (TVL 298,000 USD)
Time of execution: April 30th 0800 UTC
Adjusting farming rewards
- wanBTC/wanETH to x0.5 (TVL 790,000 USD and currently x1,5 rewards)
- wanXRP/WAN to x7 (TVL 6,684,000 USD and currently x5 rewards)
Time of execution: April 30th 0800 UTC
Adding a new farming pool
A new farming pool will be announced tomorrow, stay tuned!
