Stater Liquidity Mining Program with $1m in Rewards — Live on 10th of April

Stater
2 min readApr 6, 2021

We are excited to share with you the Stater Liquidity Mining Program, which will go live on the 10th of April. We have allocated $1m in total STR rewards to our first liquidity mining pool that will be available for a period of 60 days.

We think that liquidity mining is an effective way to create an additional layer of engagement inside the the community, allowing our users to participate in the market making process and be rewarded for providing liquidity on Uniswap.

Rewards Program

  • The first available pool will be the Uniswap STR/ETH Pair.
  • Liquidity providers will be able to stake their LP tokens on our liquidity mining dapp and earn STR rewards.
  • Total rewards for the STR/ETH Uniswap pair: $1m (calculated at pool start date).
  • The interface will have an additional layer of gamification, with stakers receiving up to 3x multiplier for 30 days of staking.
  • Campaign duration: 60 days.
  • The LPs can be unstaked at any time.

When and Where to Stake

The liquidity mining staking page will be available on the launch date. In the meantime, you can check out our contract on GitHub here: https://github.com/stater-co/liquidity-mining

We would like to thank everyone for the involvement and support and we hope that this campaign will work as an incentive for new people to join and help grow the Stater community.

Thanks for reading and stay tuned for more updates! Don’t forget to stay in touch and follow us on Twitter, Telegram and Discord.

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Stater

Building an open-source lending platform for NFT assets. Check out our platform: https://stater.co/