Phase 3 of Penguin Rush Turbo Igloos!

Published on: 04.02.2022

Penguin Finance Igloos! Fully packed with AVAX incentives from the Avalanche Rush program, the goal is to incentivize liquidity for specific pairs and reward active users.

Turbo Igloos are yield farms that’ll receive massive bursts of AVAX rewards during short periods of time. Each incentivized Igloo will enter “Turbo Mode” for 3 days at a time, boasting APRs of up to 10,000%.

During Phase 3, they also introducing plenty of new Igloos to the platform, further increasing potential profits for users that are quick to act. Among these Igloos: PTP-AVAX, CRA-AVAX, and FRAX-AVAX.

The first Igloo to receive incentives is QI-AVAX! Now that rewards are active, the farm boasts over 250% APR in total, with 160%+ stemming from AVAX incentives alone.

They will start increasing rewards in the coming hours. Stay tuned to their socials to learn about reward updates and which Igloos are next. As they mentioned previously, during this fast-paced yield farming strategy, the quickest are rewarded the most.

Start farming QI-AVAX here.

Additionally, JLP PEFI farm will receive incentives throughout the entirety of Phase 3. The will heard your feedback and will provide constant AVAX emissions to PEFI-AVAX for 2 weeks.

Starting this Friday, February 4th, PEFI-AVAX will enter “Turbo Mode” and reward farmers with 4 tokens at a time. Earn PEFI, iPEFI, JOE, and AVAX simultaneously.

About Penguin Finance

Penguin Finance is a platform powered by Avalanche, building an innovative set of decentralized applications, financial products, and documentation for technologically savvy individuals and those with absolutely no knowledge of cryptocurrency.

SOURCE

https://penguin-finance.medium.com/penguin-rush-phase-3-turbo-igloos-bd0275c1ea49

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