Official Launch of TRAVA Lending Pool and Liquidity Mining Program
TRAVA announces that Trava Lending Pool and Liquidity Mining Program will be officially live this Thursday, Sept. 16th 2021 at 3:00 UTC P.M.
This event marks a significant milestone in the development of Trava. With the mission to create a ground-breaking lending protocol and give a great opportunity to all users to get experience with such lending protocols, they offer a Trava Lending Pool, which allows users to deposit, borrow assets in Trava’s Pool to make profits. By participating in this pool, users can now get enormous earnings in an effortless manner.
W1 Liquidity Mining Program
To celebrate this great event, and encourage the deposit and borrow actions, they are also announce the W1 Liquidity Mining Program. It will be a great opportunity for Trava Knights who want to earn more profits besides interest taken from the lending pool. In 7 days from the opening event, they will give out 5.250.000 $TRAVA as rewards for depositors and borrowers, in the period: from 03:00 PM UTC 9/15/2021 to 03:00 PM UTC 9/21/2021.
- Total program reward: 5.250.000 $TRAVA
- The total reward for deposit transactions of each asset: 500.000 $TRAVA
- The total reward for borrow transactions of each asset: 250.000 $TRAVA
About Trava Finance
Trava Finance is the world’s first decentralized marketplace for cross-chain lending. While existing approaches provide only one or a few lending pools with their own parameters such as borrow/supply interest rate, liquidation threshold, Loan-to-Value ratio, or a limited list of exchangeable cryptocurrencies, TRAVA offers a flexible mechanism in which users can create and manage their own lending pools to start a lending business.
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