BBT Liquidity Incentive Plan
We’re collaborating with the Trisolaris team👏 to allocate 1000 NEAR to BBT-wNEAR holders throughout the next 30 days. The pool will be upgraded from single to dual rewards with BBT and NEAR. Based on the current NEAR price and BBT-wNEAR pool depth, it will produce about an additional 250% APR to the liquidity providers.🚀🚀
In line with our mission to build the best yield aggregation protocol on Aurora, this is the first step of a series of combined plans we are working on to promote mass adoption of the token and the project. The rest are yet to be announced.
Rationale behind
Two things are essential in DeFi realm, especially in a bear market: confidence and liquidity.
For BlueBit, BBT plays a vital role in guiding positive economic behaviors and supporting the project to operate steadily and sustainably in long term.
BBT liquidity is at the core of BlueBit flywheel. With more robust demands for BBT liquidity provision, users might expect:
- less trading slippage
- more token buying power
- higher token price
- higher farming APR
- higher platform TVL
- higher veBBT rebate earning
- broader adoption of the token and the project
What do you need to know/do?
- The new farm dual rewards will be turned on at 16:00 UTC, May 25.
- For Trisolaris BBT-wNEAR farmers, you need to claim unclaimed BBT rewards on Trisolaris before 16:00 UTC, May 25. If you have any.
- For BlueBit BBT-wNEAR vault farmers, just relax and sit back.
- We will update you again once the reward starts.
- More will be coming, stay tuned👨🌾
About BlueBit
BlueBit Finance is a yield aggregation protocol deployed on Aurora. The protocol allows users to earn more yield from DeFi farming in a more secure, accessible, and efficient manner.
Website | Twitter | Discord | Telegram | AwesomeNear | CoinGecko|
