Yin Finance are thrilled to announce the new joint liquidity mining incentive program with Izumi Finance, offering liquidity providers to target their LP tokens to a certain price point to maximize their reward earning potentials.
Following the announcement of the strategic partnership between Yin Finance and Izumi Finance last week, we aim to bring both communities closer by implementing double reward mechanisms which would benefit all token holders, providing a unique way to explore the innovative solutions for liquidity management and growing the ever-changing landscape of DeFi 2.0.
Duration: 6 months (starting on Jan 5th, 2022)
YIN/ETH — earn YIN+iZi: Izumi will provide 4 iZi/block to support YIN/ETH one-side pair on izumi LiquidBox, lasting for 30 days. In total 720,000 iZi will be provided for the pool and last for one month. Meanwhile YIN will provide 0.5 YIN/block to support YIN/ETH for this pair for at least one month, so the token budget for the first month is 90,000 YIN.
USDC/WETH — earn YIN: (additional USDC+WETH reward can be earned after unsubscribing). izumi has not supported the USDC/ETH pair on the platform yet.
USDC/USDT — earn USDC + USDT + YIN + iZi: izumi has launched USDC/USDT pool, the current liquidity mining reward is 15 iZi/Block
YIN (single-sided lock staking) — earn YIN periodically: izumi has not supported single token staking yet.
How to Get YIN token
ZT Global: https://www.ztb.im/exchange?coin=YIN_USDT
Step-by-step Guide on How to Participate
About YIN Finance
YIN Finance is a multi-strategy NFT liquidity management platform that allows users to subscribe to the project’s strategy to achieve effective high-yield liquidity management. YIN Finance aims to provide proactive liquidity management services on different public chains and decentralized exchanges. YIN Finance is deployed on the Ethereum Mainnet currently with budding deployment on Polygon, from which a development grant was received, and on Solana.
About izumi Finance
izumi Finance is the first protocol to support Uniswap V3 “non-homogeneous” liquidity mining and extend concentrated liquidity service for multi-chains. izumi provides “Liquidity as a Service” (LaaS) based on Uniswap V3, with innovatively designed liquidity mining modules of “Concentrated liquidity mining” model for stable assets with a fixed price and “One-sided non-impermanent loss Mining” model for non-stable tokens. These structured models would support any blockchain project to better implement liquidity incentives with much higher capital efficiency and enable liquidity providers to earn extra rewards.