1inch prolongs its main liquidity mining program
It will run as of February 6, offering users opportunities to collect revenue by providing liquidity to selected 1inch pools.
Inspired by the success of our current main liquidity mining program, we decided to prolong it for another 4 weeks.
The following pools will participate in this liquidity mining program, which starts on February 6, midnight (00:01 UTC):
In order to participate in the new liquidity mining program users have to migrate their LP tokens to new farming pools as smart contracts should be updated too.
Under this program, 1% of the 1INCH token total supply will be distributed among providers of liquidity to the above pools in equal shares. The program will run for 4 weeks.
Our currently running liquidity mining programs have proven successful. The recently launched stETH-LDO pool has shown an APY of around 754%, and the APY in the ETH-OPIUM pool has been at 288%.
Participants of our main liquidity mining program have collected as much as 15 mln 1INCH tokens since January 9.
Simultaneously, between January 26 and February 2, we distributed $472K (97K 1INCH tokens) as governance rewards!
How to prolong participation:
Recent Posts
How to swap tokens on 1inch: a step-by-step guide
On 1inch, you can swap tokens at the best rates across multiple networks. In this post, we’ll guide you through the process, explaining all the details.
What happens when a crypto liquidity provider meets MEV
Part of the ‘Liquidity issues in crypto’ series, this article breaks down MEV, the JIT liquidity attack on LP fees, and what Aqua changes for crypto liquidity providers.
Ondo RWAs on 1inch hit $2.5 bln in volume
Crypto markets may go up and down, but tokenized real-world assets (RWAs) are steadily gaining ground on-chain.