Over $1,25 million in rewards and fees earned in February
February has been another astonishing month for Polkastarter and we will share a recap in our upcoming Community Update #5 in a couple of days. We’ve had 10 IDO’s in February, our community is growing strongly every day and we have a super exciting line-up of projects for March + will be unveiling several development updates to our platform.
Despite our listings on Huobi, OKEx and several other CEX, Uniswap has continued to grow with over $325m in volume in February alone, which averages around $11 million a day, more than TRIPLE our volume in January and 6x our volume in December. That’s on top of the huge volume we’ve seen on the CEX exchanges.
Additionally, we now have over 33,000 $POLS tokenholders!
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.
We’ve announced at the end of January, that we are extending the Uniswap LP rewards for February and we will be paying out those 70,000 $POLS tomorrow, once we finalised all calculations. At the time, the value of those tokens was around $100,000, but today it’s an amazing $280,000 in value. We couldn’t be happier for our community to receive those rewards. Not only that, all LP providers have shared more than $975,000 in fees. Altogether that’s rewards of $1,250,000 *yes, that’s $1,25 million in one month!!!
We are excited to announce that we are extending our Uniswap Liquidity Program and will be paying out a total of 35,000 $POLS at the end of March, which is over $140,000 in current value.
How to be participate?
In order to participate, you just have to allowlist your address and add liquidity to Polkastarter’s Uniswap 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
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