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August 03, 2021, 09:17:09 AM |
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Incentivising the USDC/PHTR SushiSwap pool
Commences on the 2nd August 2021
12 month programme split into two 6 month tranches. This allows us to incorporate feedback and make improvements in the second tranche.
1% of total supply distributed in the first tranche.
Higher APR can be achieved by owning a larger share of the liquidity pool, locking up your stake for longer or utilising the referral scheme.
Unstaking before your lock-up ends will forfeit your accrued rewards for those liquidity tokens.
Lock-Up Duration : 1-6 months
You will have the choice of locking up your liquidity tokens for different lengths of time. The longer your lock-up the higher your boost will be.
Referral Scheme
The goal of the referral scheme is to introduce a mechanic that increases the reach of this programme.The scheme is mutually beneficial for both the referee and the referrer. If you stake your liquidity tokens using a referral address you will receive an additional 1% boost to your APR. The referrer will receive a boost equal to 5% of the referee’s total boost, which is made up of their liquidity, lock-up and referral boosts.
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