Avalanche Rush Rewards for GLP are now live
Rush rewards will run for four months, with up to $100K in AVAX rewards at stake. Plus, Yield Yak’s GLP Strategy is:
Audited
Overflowing with esGMX which has been stockpiled for nearly a year and topped up via a YAK <> esGMX Treasury Swap. Track our balance here: https://debank.com/profile/0x565d72a63d3dc4a2f3dd7609fd85c4fd394523b2
Zero entry/exit fee. 10% fee on performance only.
Here’s where it gets interesting: the amount of rewards increase if specific TVL milestones are hit. How does it work?
AVAX Rewards per month:
Base: $7.5K
>$2.5M: $12.5K
>$5M: $25K
More TVL = More Rewards
You can even watch Avalanche Rush rewards being streamed in real time to the GLP Strategy here, courtesy of our friends at LlamaPay: https://llamapay.io/salaries/withdraw/Avalanche/0x53f58dce37d087c676844e76a7093455f35323fa57686f7810da7765298cf288
+ For more information on the Yield Yak x GMX partnership, visit our blog: https://yieldyak.medium.com/avalanche-rush-comes-to-yield-yak-with-up-to-100k-in-rewards-as-part-of-collaboration-with-gmx-350d8cb13893
To get started on your GLP Rush journey, head to yieldyak.com/farms