CardWallet is launching its Liquidity mining campaign on UniSw | CardWallet Announcements (Reserve)
CardWallet is launching its Liquidity mining campaign on UniSwap v2!
This will allow CardWallet token owners to participate in the operation of the liquidity pool which allows users to exchange USDC for CardWallet tokens and vice versa.
This pool participation will grant participants trading fees that the liquidity pool incurs to users exchanging tokens via the same liquidity pool.
In CardWallet’s liquidity pool case — all trading fees are relayed to the LPs. CardWallet liquidity pool’s LPs receive, as a group — 0.3 % from each trade executed via the liquidity pool on UniSwap. This percentage is further divided among LPs depending on a weighted distribution of the amount of liquidity provided.
The liquidity pool which offers liquidity mining is a USDC-CW pool which means that an LP will have to deposit both USDC and CW to receive trading fees from traders and additional liquidity mining rewards.
CardWallet liquidity pool providers can expect triple digit APY until October 5th, while these extra rewards for liquidity mining are distributed.
Follow the link to dive deeper into CardWallet liquidity mining campaign
CardWallet is a next generation non-custodial wallet, with FIAT on and off ramps, as well as a full suite of #DeFi capabilities. Website: cardwallet.fi. CardWallet Community: t.me/cardwallet_community...
