Zeroswap Joins UniFarm Cohort — 2, Opening up more avenues for $ZEE Holders
Stake $ZEE to Earn — $ZEE, $ORO, $MATIC, $NORD $TVK, $ROUTE
Zeroswap is excited to announce a collaboration with UniFarm by OpenDeFi to introduce group farming, this is the Cohort 2 which will offer long term incentives for token holders.
Users will be able to stake $ZEE and farm multiple tokens in the UniFarm pool.
What is UniFarm?
Developed by OpenDeFi, UniFarm is a staking pool where user stakes an asset and starts farming other assets over the staking period. The longer you stay in the pool, the more tokens you farm.
The UniFarm pool will support the following assets:
- Zeroswap ($ZEE )
- OpenDeFi ($ORO)
- Matic Network ($MATIC)
- NORD Finance ($NORD)
- Terra Virtua ($TVK)
- Router ($ROUTE)
How does the UniFarm pool work?
Let’s take an example: If Bob stakes $ZEE in the UniFarm pool.
- The first week, Bob farms $ZEE
- The second week, Bob farms $ZEE and $ORO
- The third week, Bob farms $ZEE, $ORO, and $MATIC
- The fourth week, Bob farms $ZEE, $ORO, $MATIC, $NORD, $TVK $ROUTE and so on.
Users can un-stake their tokens anytime from the UniFarm pool, but the clock will be set to Zero again i.e. if user un-stakes in the third week, for example, the user has to start from the first-week cycle again.
UniFarm Rewards?
The UniFarm campaign has total reward pool size of 150,000 USD worth project tokens ($25,000 worth tokens of each project) and a maximum of $350,000 USD worth project tokens each can be staked in the UniFarm pool.
When does the UniFarm pool start?
The pool starts from Feb 13rd, 7 PM IST | 1.30 PM GMT and the first batch of UniFarm will last till 90 days. Users will get a minimum APY of 56% and a maximum APY of 300% depending on how long they stay staked.
About OpenDeFi —
OpenDeFi is a fintech protocol that enables custody of real-world assets on blockchains and enables developers to build applications on top of it. Being open in nature this protocol allows seamless integration of other on-chain apps, and can enable multiple chains to cross-share the asset classes.
Socials
Website | Telegram Community | Twitter | Blog | UniFarm
About ZeroSwap —
Zeroswap is a multi-chain compatible decentralised exchange aggregator focused on making zero-fee transactions possible. We are aiming to make on-chain trading simple and easy, by providing access to Ethereum, Binance Smart Chain, Elrond DEXes access under one roof. One of the core utility of $ZEE is to reduce friction in fundraising using digital assets. In order to facilitate activity around this, we have been building an initial dex offering platform named ZeeDO.
Partnership s— Zeroswap shook hands with, Covalent, Frontier, Elrond, Diadata, Altonomy. Each of the partnerships lays a solid foundation of our vision “MultiChain Dex Aggregation”
