WanSwap Farming Pools Updates

WanSwap introduced Farming Pools Updates to evolve towards a DEX that consists only of quality farming pairs, with attractive APYs.

To achieve this, three things need to happen: remove farming pairs with a low TVL, increase the rewards of pairs with a high TVL, and finally, add new, quality farming pairs.

🔹Removing farming pools

• Remove wanEOS/WAN pair (TVL 190,000 USD)
• Remove wanLINK/WASP pair (TVL 167,000 USD)
• Remove wanUNI/WASP pair (TVL 99,000 USD)
• Remove wanSUSHIi/WASP pair (TVL 81,000 USD)
• Remove wanMKR/WASP (TVL 298,000 USD)

Time of execution: April 30th 0800 UTC

🔹Adjusting farming rewards

• wanBTC/wanETH to x0.5 (TVL 790,000 USD and currently x1,5 rewards)
• wanXRP/WAN to x7 (TVL 6,684,000 USD and currently x5 rewards)

Time of execution: April 30th 0800 UTC

🔹Adding a new farming pool

A new farming pool will be announced tomorrow.

What is WanSwap?

WanSwap enables rapid cross-chain crypto asset trading with fees less than 1000th of Ethereum.

📰 INFO:

https://medium.com/wanswap/farming-pools-updates-2023db9ade46