We are proud to announce the launch of our Uniswap Liquidity Program with 200,000 $DEC in monthly rewards for Uniswap liquidity providers. The liquidity program will commence immediately with rewards paid at the end of each month.
Liquidity providers will gain rewards based on their percentage share of the overall liquidity pool. These rewards are paid in DEC to every liquidity provider that locks ETH and DEC on Uniswap for at least 30 days. These rewards are in addition to the normal 0.3% fee liquidity providers automatically get from Uniswap trades on the trading pairs they provide liquidity to.
In order to participate, you just have to whitelist your address and add liquidity to Decentr’s Uniswap trading pair. If you remove liquidity at any time, your previous progress is erased; to qualify you must wait 30 days starting from the next time you add liquidity.
This reward program will run for a minimum of 90 days and may be extended on a month-to-month basis.
How to be eligible?
- To qualify you need to provide at least 1 ETH of liquidity, plus 1 ETH worth of DEC tokens.
- Each qualifying liquidity add is only eligible for rewards 30 days after they are added.
- Each qualifier splits the reward pool among all qualifiers evenly by percentage of the pool.
- If you remove liquidity at any point, your previous liquidity is disqualified and you must wait 30 days from the next time you add qualifying liquidity to qualify for rewards. Whitelisted and eligible liquidity providers will have the reward pool split between them at the end of each period.
- Whitelist your address by clicking this link
- Once submitted, visit Decentr’s add liquidity page on Uniswap here
- Input the number of DEC you want to provide to the liquidity pool (minimum 1 ETH worth of DEC).
- Confirm the liquidity by clicking “Approve DEC” and accept the transaction using Metamask.
- Once the transaction is confirmed, click “Supply” and accept the transaction using Metamask.
What is Uniswap?
Uniswap is one of the largest AMM / DEX in all of DeFi. FAQ section can be found here.
Official Links for Decentr:
Telegram Group: https://t.me/DecentrNet
Telegram ANN: https://t.me/DecentrAnnouncements
Firefox Plugin: https://addons.mozilla.org/en-US/firefox/addon/decentr/
Beta Testers: https://t.me/DecentrBetaTesters