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jeudi 29 octobre 2020

In order to provide increased liquidity on Uniswap, FUSE announced its first reward program.

Fuse is a DPoS blockchain with EVM compatibility and a bridge to Ethereum, on a mission to bring a new wave of adoption to crypto through a global network of small, thriving economies! Their solution dramatically lowers operational costs and entry barriers for communities that wish to build payment ecosystems designed to incentivize participation and unlock economic growth.

The reward program started on Oct. 24th at 15:00 GMT and will last for 14 days.

Go to Uniswap and provide liquidity on the ETH-FUSE pair at a 50:50 ratio.

Once you have added liquidity on Uniswap, you will receive FUSE/ETH LP tokens from Uniswap.

You can stake your LP tokens at any time during the 14-day reward program.

After this, you may un-stake your LP tokens and take them back to Uniswap to retrieve your FUSE and ETH.

  • 100,000 FUSE to be rewarded.
  • 100,000/14 = 7,142 FUSE per day.
  • Rewards distributed every block according to the percentage of total liquidity provided by participants in the scheme (liquidity provided by the Fuse foundation will be omitted from the reward scheme).
  • Deposits and withdrawals of LP tokens can be made at any time.
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