The Great Liquidity Event™️
Every DEX has to answer the same question. How are you going to get liquidity? In this article, we are going to answer that question. To cut to the chase, we are going to reward users of other DEXs with a new token ($POD) that shares fees.
How’s that going to work?
If you are a liquidity provider (LP) on a DEX then prepare to be rewarded handsomely with $POD. If you’re not an LP yet and just want to join in, the farms have identical rewards without needing to swap into LP first too!
To start providing liquidity and earning $POD tokens, provide liquidity to the supported pools and stake those LP tokens into the corresponding farm. Once done, they will start earning tokens once rewards start on block 18647795, approximately 9am EST on Monday the 13th of June.
At every block 100 POD tokens will be created. All of these tokens will be distributed to stakers of each of the supported farms based on the pools priority.
However, for the first month, the amount of POD tokens produced will be 10x, resulting in 1000 POD tokens being minted per block. This is to reward early adopters and users of the protocol.
The initial list of eligible pools is as follows:
Note: The pools will be updated in real-time based on demand
Ethereum
DAI/USDC
DAI/ETH
USDC/ETH
USDC/USDT
WBTC/ETH
WBTC/USDC
FRAX/USDC
ETH/USDT
Arbitrum
ETH/USDC
WBTC/ETH
ETH/USDC
WBTC/ETH
DAI/USDC
USDT/USDC
ETH/USDT
Optimism
ETH/DAI
ETH/USDT
ETH/WBTC
ETH/USDC
USDT/DAI
USDC/DAI
USDC/USDT
USDC/FRAX
Polygon
MATIC/ETH
MATIC/USDC
MATIC/USDT
ETH/WBTC
ETH/USDC
ETH/DAI
ETH/USDT
USDC/USDT
USDC/DAI
USDC/WBTC
USDC/FRAX
Arbitrum
WETH/MIM
WETH/USDC
WBTC/WETH
WETH/USDT
FRAX/WETH
WETH/DAI
BNB Chain
BNB/BUSD
BNB/USDT
BNB/ETH
BNB/BTCB
BNB/USDC
BUSD/USDT
BUSD/USDC
USDT/USDC
USDT/BTCB
ETH/BTCB
ETH/USDC
ETH/USDT
DAI/USDT
Avalanche
AVAX/USDC
AVAX/USDT.E
AVAX/DAI.E
AVAX/WETH.E
AVAX/WBTC.E
AVAX/MIM
AVAX/USDC.E
AVAX/USDT
USDC.E/USDC
USDC.E/DAI.E
USDT.E/USDT
Cronos
CRO/USDC
CRO/USDT
CRO/DAI
CRO/ETH
CRO/WBTC
USDT/USDC
DAI/USDC
ETH/WBTC
Fantom
FTM/USDC
FTM/ETH
FTM/BTC
FTM/FUSDT
FTM/DAI
FTM/MIM
FTM/FRAX
BTC/ETH
USDC/TUSD
USDC/FUSDT
USDC/DAI
USDC/MIM
USDC/FRAX
Metis
METIS/M.USDC
METIS/M.USDT
METIS/WBTC
METIS/DAI
METIS/WETH
WETH/M.USDC
WETH/M.USDT
M.USDT/WBTC
M.USDT/M.USDC
BUSD/M.USDC
Aurora
AURORA/WNEAR
AURORA/ETH
WNEAR/USDC
WNEAR/USDT
WNEAR/ETH
WNEAR/WBTC
WNEAR/USDC
WNEAR/USDT
USDC/USDT
Retaining Long-Term Liquidity
We acknowledge that a campaign like this is great for getting liquidity but doesn’t help retain it. To encourage positive long-term growth for the protocol, we are launching POD staking pools alongside the farms.
These pools will allow users to stake their POD tokens in flexible or locked staking, locked for up to 1 year to provide extra yield for our users. More detailed information on our farms and pools will be detailed in a future blog post.
How Can You Participate?
Once we begin, you can start depositing LP tokens using the migration interface or adding liquidity to the LP pools and staking those tokens.
You will begin to earn POD starting from block 18647795. Be sure to stake your LP tokens prior to that for maximum rewards.
