Impossible Finance is Teaming Up With DODO Booster Program

Impossible Finance is teaming up with the DODO Booster Program to kick off a 45-days IDIA/BUSD liquidity mining campaign. As the pool’s liquidity provider, you will be rewarded with IDIA tokens and DODO tokens.

Activity period: 2021 – 11 – 10 12:00PM (UTC) to 2021 – 12 – 25 12:00PM (UTC)

Event Period

• Campaign Start Block Number: 12530900 (approximately November 10th, 2021, at 12:00 PM UTC)
• Campaign End Block Number: 13826900 (approximately December 25th, 2021, at 12 PM UTC)

How can you Participate?

Throughout this 45-days campaign, users who add funds to the IDIA/BUSD liquidity pool on the DODO Binance Smart Chain (BSC) platform will receive DLP tokens. By staking the DLP tokens, users will receive liquidity mining rewards in the form of IDIA tokens and DODO tokens.

IDIA/BUSD Liquidity Pool Address: DODO – Your on-chain liquidity provider

Rewards Distribution

DODO Tokens:

The mining reward for the first week is $7,500 worth of DODO tokens. After that, DODO will continue to re-adjust the weekly reward value every Monday. The adjustment will be based on the total trading volume from the previous week, and the maximum value for a week’s mining rewards can be as high as $45,000 worth of DODO tokens.

IDIA Tokens:

Impossible Finance is scheduled to release 503.136 IDIAs daily (0.01747 IDIA per block) for the first 15 days. The remaining 30 days will see the release of 251.568 IDIAs daily (0.008735 per block). A total of 15,100 IDIA tokens are expected to be released.

Determination of Weekly Rewards

• The total reward value starting from the second week of the campaign can vary based on the trading volume from the previous week. The weekly reward value is determined through the following rules:
• If the total trading volume of the current week is no greater than $5,000,000, the reward value for the next week will be capped at $7,500 worth of DODO tokens.
• If the total trading volume of the current week is between $5,000,000 and $10,000,000, the reward value for the next week will be capped at $15,000 worth of DODO tokens.
• If the total trading volume of the current week is between $10,000,000 and $15,000,000, the reward value for the next week will be capped at $30,000 worth of DODO tokens.
• If the total trading volume of the current week is greater than or equal to $15,000,000, the reward cap for the next week will be capped at $45,000 worth of DODO tokens.

About Impossible Finance

Impossible Finance is a multi-chain incubator, launchpad, and swap platform led by Ex-Binance & DeFi veterans. It offers a robust product-first ecosystem that supports top-tier blockchain projects to targeted user audiences. With extensive support from key leaders in the crypto industry, Impossible Finance simplifies DeFi for users to enjoy fairer investing, cheaper trading and better yields.

Source:
https://medium.com/impossiblefinance/impossible-finance-x-dodo-dex-liquidity-mining-f7c5f5273ca0