Arbitrum-based Protocol To Easily Earn Some In 2023
The post Arbitrum-based Protocol To Easily Earn Some In 2023 appeared on BitcoinEthereumNews.com. Looking for an AMM with deep liquidity and low fees? Check out our SolidLizard review post, a unique protocol that rewards liquidity providers and governance participants. Discover how to earn passive income on this Arbitrum-based DEX. Introduction What is SolidLizard SolidLizard is an Automatic Market Maker (AMM) that provides deep liquidity, low swap fees, and low slippage to the protocol’s users. It supports the growth and development of the Arbitrum ecosystem by rewarding users who provide liquidity and participate in its governance. The rewards come in the form of SLIZ, SolidLizard’s governance token. The emissions are shared between the liquidity providers and the veSLIZ holders. Liquidity providers receive SLIZ emissions, and holders of vote-escrowed SLIZ (veSLIZ) vote on which liquidity pools should receive SLIZ emissions. In return, voters receive trading fees and bribes collected by the pairs they voted for. This structure directs incentives to the most valuable teams for the ecosystem. SolidLizard launched in early February, and it only took 20 days for TVL to reach the first $100M. THENA took 21 days to reach TVL 100M VELO took 30 days to reach TVL 100M SolidlyV2 took 55 days to TVL 90M Equal took 90 days – TVL $45M SolidLizard Launch The first phase of the SolidLizard DEX launch added liquidity and enabled users to vote for their preferred gauges. The liquidity pair for this phase was ETH/SLIZ, with an initial liquidity of $10K and a listing price of $0.001. It is important to note that token listings are volatile events, and investing responsibly is always advised. After adding liquidity to the ETH/SLIZ pair, users can add liquidity to any pool and lock their SLIZ for veSLIZ NFTs. VeSLIZ holders have the ability to vote for their preferred gauges and receive 50% of the swap fees and 100% of…
The post Arbitrum-based Protocol To Easily Earn Some In 2023 appeared on BitcoinEthereumNews.com.
Looking for an AMM with deep liquidity and low fees? Check out our SolidLizard review post, a unique protocol that rewards liquidity providers and governance participants. Discover how to earn passive income on this Arbitrum-based DEX. Introduction What is SolidLizard SolidLizard is an Automatic Market Maker (AMM) that provides deep liquidity, low swap fees, and low slippage to the protocol’s users. It supports the growth and development of the Arbitrum ecosystem by rewarding users who provide liquidity and participate in its governance. The rewards come in the form of SLIZ, SolidLizard’s governance token. The emissions are shared between the liquidity providers and the veSLIZ holders. Liquidity providers receive SLIZ emissions, and holders of vote-escrowed SLIZ (veSLIZ) vote on which liquidity pools should receive SLIZ emissions. In return, voters receive trading fees and bribes collected by the pairs they voted for. This structure directs incentives to the most valuable teams for the ecosystem. SolidLizard launched in early February, and it only took 20 days for TVL to reach the first $100M. THENA took 21 days to reach TVL 100M VELO took 30 days to reach TVL 100M SolidlyV2 took 55 days to TVL 90M Equal took 90 days – TVL $45M SolidLizard Launch The first phase of the SolidLizard DEX launch added liquidity and enabled users to vote for their preferred gauges. The liquidity pair for this phase was ETH/SLIZ, with an initial liquidity of $10K and a listing price of $0.001. It is important to note that token listings are volatile events, and investing responsibly is always advised. After adding liquidity to the ETH/SLIZ pair, users can add liquidity to any pool and lock their SLIZ for veSLIZ NFTs. VeSLIZ holders have the ability to vote for their preferred gauges and receive 50% of the swap fees and 100% of…
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