EmiSwap offers liquidity providers 365% APR via Polygon integration

2021-11-18 16:00

EmiSwap and Polygon (MATIC/USD) blockchain, the leading platform for Ethereum (ETH/USD) scaling and infrastructure development, announced an integration to reduce transaction costs without compromising output, Invezz learned from a press release.

The integration will make it possible to pool liquidity utilizing Polygon’s full-stack layer 2 scaling solutions and allow users to execute trades instantly using the EmiSwap interface.

Users staking tokens in EmiSwap will earn returns for amounts held  

The integration offers the EmiSwap community several advantages, such as the one-year 365 percent APR airdrop for liquidity providers. Users staking tokens in the DEX’s liquidity pools will earn a one percent return for the held amount.

In exchange for providing liquidity for a period of two months, users will get 60 percent. As the amount in the pool increases, the reward amount grows correspondingly. The APR campaign will run until October 3 of next year.

Grigory Rybalchenko, founder and CEO of EmiSwap, said:

We are delighted to be working with Polygon to bring their scalability solutions to the market, as it enables new innovative and value-adding services for our users. Now, EmiSwap users will have the option to swap and provide liquidity on EmiSwap DEX with fast and nearly free transactions due to the Polygon integration. This is the next phase in the development of a multichain decentralized platform that will allow us to provide additional value to the DeFi market and our community.

Liquidity suppliers earn fee of 0.25% of the pool’s trading volume

In addition, liquidity suppliers will earn 0.25 percent of the pool’s trading volume as a fee for their service. Starting November 10, EmiSwap will launch Polygon Farming pools. Users now have access to migrate liquidity from QuickSwap. The pairs available to this end are WETH-WBTC, USDC-USDT, WETH-USDC, WETH-WMATIC, and WMATIC-USDT.

Doing away with high gas and transaction fees

Presently, the Ethereum network hosts the bulk of EmiSwap activity, but the high gas and transaction rates make it a poor option. A single transaction still costs anywhere from $25 to $250. The new integration with Polygon will make ETH much more viable with a 0.001 MATIC gas fee. 

The post EmiSwap offers liquidity providers 365% APR via Polygon integration appeared first on Invezz.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

CK USD (CKUSD) на Currencies.ru

$ 0.2153 (+0.52%)
Объем 24H $0
Изменеия 24h: 0.67 %, 7d: -2.33 %
Cегодня L: $0.2128 - H: $0.2153
Капитализация $0 Rank 3492
Доступно / Всего 0 CKUSD

integration usd emiswap polygon reduce transaction release

Источник: invezz.com

integration usd → Результатов: 52


Фото:

DeFi and CeFi Aggregator OpenOcean optimizes trading and augments liquidity following integration with Avalanche

Users of OpenOcean are able to enjoy a seamless trading experience across CeFi and DeFi by accessing leading decentralized exchanges on Avalanche (AVAX/USD), Invezz learned from a press release. One of the leading DeFi and CeFi full aggregators in the world, OpenOcean, announced that it has gone live on Avalanche, an open-source, highly scalable platform […] The post DeFi and CeFi Aggregator OpenOcean optimizes trading and augments liquidity following integration with Avalanche appeared first on Invezz.

2021-8-30 15:59


Фото:

Orbs Integrate With Chainlink to Secure Its Liquidity Nexus

Orbs, a public blockchain infrastructure designed for businesses looking at trust as a competitive strategy, announced its integration to Chainlink Price Feeds Oracle to secure its Liquidity Nexus. Daniel Peled, the founder of Orbs, explained: “The Liquidity Nexus is a revolutionary idea for DeFi, creating a platform of risk tranching that divides risks between USD […]

2021-5-14 22:16


Crypto exchange Liquid.com now supports instant USD settlement on the Silvergate Exchange Network

CryptoNinjas » Crypto exchange Liquid. com now supports instant USD settlement on the Silvergate Exchange Network Liquid. com, a popular bitcoin/crypto exchange company, today announced it has completed integration with Silvergate Bank’s Settlement Network Exchange (SEN), an internal settlement platform developed by Silvergate Bank.

2021-4-3 19:45


Фото:

Ethereum Fees Crashes 80% Much Like Transaction Count as ETH Price Retreats

The most popular USD pegged stablecoin Tether that is the second biggest gas guzzler on the Ethereum network recently adopted OMG Network for the settlement. This integration between Tether and Layer 2 solution for Ethereum – OMG Network is expected to result in a reduction of fees and confirmation times, which has become extremely important […]

2020-8-22 20:03


Tezos Price Analysis XTZ / USD: Jump Start

Tezos has a bullish short-term bias, with the XTZ / USD pair recovering to its highest trading level since May 2019 The four-hour time frame shows that bulls are trying to invalidate a bearish pattern The daily time frame shows that a bullish breakout is currently underway Fundamental Analysis XTZ spiked after Coinbase announced integration […] The post Tezos Price Analysis XTZ / USD: Jump Start appeared first on Crypto Briefing.

2019-8-9 16:04


Фото:

Stackr: The Dawn of a Digital Asset Savings Solution - [BTC Media Sponsor]

Financial savings have long been the foundation of wealth and asset building. However, we are now in a time when the growing obsolescence of financial institutions has forced certain technologies out of date, created high fees, revealed structural inefficiencies and, ultimately, meant that some standard investment solutions now fail to place consumer needs first.

2018-10-6 16:37


дальше еще 3 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Lumia secures strategic funds as node sales exceed 25,000 milestone

Lumia has announced a significant milestone in its journey to revolutionize the blockchain space, with the company surpassing the sale of 25,000 nodes. This achievement coincides with the successful completion of a strategic fundraising round, marking a pivotal moment in the company’s growth.