DeversiFi Reward And Automated Market Maker Launching
Borrowing, lending, swapping, and trading are the most used fundamentals of decentralized finance. Its users are looking for an eco-friendly platform to conduct activities where they can reduce the so-called gas fees or transaction cost when trading their assets. Here we found DeversiFi, the decentralized exchange that offers high speed, low cost, and user-friendly platform.
WHAT IS DeversiFi?
DeversiFi is a layer 2 Ethereum exchange that helps you make the most of Decentralized Finance (DeFi). You can swap, send and invest, all from one easy to use platform, without paying Ethereum network fees.
DeversiFi is your layer 2 control center that gives you access to the best opportunities in DeFi. Once you have connected your wallet and have deposited your tokens to DeversiFi, you can swap, trade, yield farm, send and invest in some of the best DeFi interest-earning opportunities, all from the security and control of your private wallet, without paying Ethereum gas costs, and in complete privacy.
The launch of DeversiFi Rewards and AMMs
DeversiFi is set to launch its incentivized AMMs and reward program within two weeks. This dual initiative will allow users to earn by trading on DeversiFi or providing liquidity to one of its brand new incentivized pools offering the juiciest rewards on Layer 2.
TRADING REWARD
One of the best features about DeversiFi is the gas free trading, but the platform are going one step further with its Rewards program. From December 1st 2021, traders on the platform can earn some $DVF which will be calculated by the amount of fees they have paid each week as part of the overall ‘fees pot’. Simply trade on DeversiFi and earn DVF
Automated Market Makers (AMMs)
The launch of DeversiFi’s AMMs will involve 16 new incentivized liquidity pairs. The initial incentivized launch pools were chosen by DeversiFi and the DVF Community in a governance vote, and contain a mixture of large blue-chip tokens as well as stablecoin pairs and NFT & DeFi tokens.
LIST OF INCLUDING PAIRS
- DVF/ETH
- CRV/ETH
- LDO/ETH
- UNI/ETH
- ERP/USDC
- YGG/ETH
- ILV/ETH
- MPL/ETH
- COMP/ETH
- SUSHI/ETH
- USDC/USDt
- stETH/USDt
- OKE/ETH
- REN/ETH
- BOND/ETH
- RAI/ETH
Provide liquidity to the pool, and you are entitled to a portion of the trading fees collected by that pool.
Liquidity Mining
Alongside with the launching of AMMs, DeversiFi will also launch Liquidity Mining as part of the reward program. To further incentivize users to become liquidity providers (LPs) on the platform, all LPs will receive additional $DVF rewards, dependent on the amount of liquidity they provide to the platform.
Savor the taste of earning a high APY reward as well as have a precious $DVF token to HODL!
Holding DVF
50% of total $DVF supply is controlled by the DVF DAO, with some of it initially allocated to liquidity mining and trading (at the DAOs discretion). There could be a vote after 3 months to continue the program or alter the parameters, so holding $DVF will give user a voice in these decisions.
Become one of the first liquidity provider on DeversiFi and enjoy highest reward in return. Start your DeversiFi journey by heading up into the website, create your account, and deposit your funds to earn tastiest rewards in return.
ABOUT DeversiFi
DeversiFi makes DeFi easy. Swap, Invest and Send without paying Ethereum network fees.
RESOURCES
https://deversifi.com/blog
FRIENDLY REMINDER:
“We deliver the news article base on our own thorough research. We want to preserved some important information regarding with the project that are presented in our column. We value our reader’s opinion and we thank you for your valued respect to us.We also don’t advice our readers to invest. As we always say ” Invest at your own risk and only invest what you can afford to lose “.
