DigiCol Staking Program On Uniswap Increased From 50% To100% APY

The platform that allows users to create their own art work, DigiCol have announced that the APY on DGCL staking program on Uniswap has increased from 50% to 100%. 

DigiCol is a peer-to-peer NFT art marketplace that allows anyone to seamlessly create their own digital art collectibles with no coding knowledge required and earn rewards by launching them into the liquid marketplace. DigiCol outshines other NFT platforms since it is the world’s first NFT art marketplace to integrate DeFi features into the platform. Users will be able to stake and even collateralize their NFTs on the elaborately designed platform to maximize their capital efficiency

DGCL Uniswap Staking

DigiCol, launched the DGCL-ETH and DGCL-WBTC staking on Uniswap. It is a yield farming program that allows $DGCL holders to earn passive incomes by providing liquidity into the DGCL-ETH and DGCL-WBTC liquidity pool. The program will officially started last 1 April 2021.

DGCL Staking Rewards

DigiCol distributes pro-rata staking rewards for those who provide liquidity to DGCL/ETH and DGCL-WBTC pool on Uniswap. This implies that all payouts will be distributed every 30 days according to how many DGCL tokens (staked amount) and how long (days staked) they were staked while the annual percentage yield (APY) is 50%. The reward campaign pool is 5,000,000 DGCL capped. Keep in mind that only those who stake for at least 30 days consecutively are eligible for the rewards.

The staking rewards will be paid out to the deposit address which provides liquidity to DGCL/ETH and DGCL-WBTC pool on Uniswap. The distribution is on the last day of every calendar month and it is first-stake, first-served within the 5,000,000 DGCL reward pool.

ABOUT DIGICOL
DigiCol is the platform that allows its users to tokenized their digital artworks with no coding required to be collected in a liquid NFT marketplace. One-click seamless creation.

RESOURCES
Medium