Platypus sAVAX-AVAX Non-Stablecoin Pool

Published on: 24.04.2022

Platypus launching sAVAX-AVAX pool on Wednesday! It’s going to be at 9am UTC on 27th April 2022.

Double Rewards Program on sAVAX-AVAX Pool

It’s going to be twice as sweet on sAVAX-AVAX pool. Get in on this great opportunity by staking and farming here. Apart from $PTP, you will also earn $QI in this pool. The daily emission from BENQI is 500k QI. The new haircut for non-stablecoin pegged asset trading is 0.1%.

The total monthly reward emissions for all liquidity pools remains unchanged at 3,000,000 PTP. The adjusted emission market weights by assets are as follows:

About Platypus

Platypus invents a whole new AMM on Avalanche – Open liquidity single-sided AMM managing risk autonomously based on the coverage ratio, allowing maximal capital efficiency. Platypus is the first of its kind to use a single-variant slippage function instead of invariant curves. Flexible pool composition allows each asset to scale naturally based on its organic supply.

Platypus features single-token provision, eliminating impermanent loss risk forliquidity providers, and minimizing slippage for traders.

 

SOURCE

https://medium.com/platypus-finance/never-been-seen-before-savax-avax-non-stablecoin-pool-is-launching-on-platypus-11f3bd928c41

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