Over $480,000 in rewards and fees earned in April
- LP rewards are coming to PancakeSwap
- We paid out 35,000 POLS (~$130k)in April!
- We will pay out 40,000 POLS (~$150k) in May!
April has been another astonishing month for Polkastarter! We will share a recap in our upcoming Community Update #7 this Monday. We’ve had 10 IDOs in April, our community is growing stronger every day, and we have a super exciting line-up of projects for May (and will be unveiling several development updates to our platform).
Liquidity providers were rewarded 35,000 POLS in April. At the current POLS price (~$3.70), that’s $130,000! In April, Uniswap also had over $118m in volume. Polkastarter LPs earned 0.3% in fees, and collectively took home ~$355,000. Together, in rewards and fees, that equals nearly $485,000 to Uniswap LPs!
Additionally, we now have over 36,600 $POLS token holders!
Our allowlisted LP providers continue to be eligible to participate in the allowlisting process for all the projects launching on our platform and many have taken advantage of this incredible opportunity. Soon, Cake LP providers will have access to allowlist as well!
We are excited to announce we’ll be extending the Liquidity Program! This May, we will have 40,000 POLS rewarded for Uniswap and Pancake (~$150,000 worth).
Check back here soon - we’ll be updating this article with more updates shortly!
How to participate?
In order to participate, you just have to allowlist your address and add liquidity to Polkastarter’s Uniswap and/or Pancake trading pair. The rewards program is automatically renewed on a monthly basis unless we announce otherwise.
For more information, please check out our original article here.
Polkastarter Blog - Latest Polkastarter News & Updates Newsletter
Join the newsletter to receive the latest updates in your inbox.