LiNEARProtocol Strategic Partnership With PinkPeaFinance
LiNEARProtocol Strategic Partnership With PinkPeaFinance to introduce the LiNEAR-wNEAR Pool for users to earn $LiNEAR and $PEA rewards.
PinkPea Finance optimizer a fully integrated seamless solution on Aurora that allows any DeFi user to accomplish their financial tasks without intermediaries. The partnership with PinkPea Finance has further expanded the reach, liquidity and reward system of $LiNEAR.
To celebrate the new listing, LiNEAR and PinkPea Finance have joined forces to bring extra earnings for our users with around 10 $LiNEAR/day and a total of 20,000 $PEA for 30 days.
In the future, LiNEAR will continue to work with more high-quality DeFi protocols in the NEAR-Aurora ecosystem to bring diversified, high-yield and sustainable DeFi scenarios to our users.
Rules:
Users deposit LiNEAR-wNEAR LP into the PinkPea Finance/LiNEAR Partner Pool. The deposited assets will automatically lock for seven days, after which users can withdraw them at any time.
The weighted average will calculate the unlocking time if users deposit additional new assets to their position.
After users deposit assets into Partner Pools, they will not be able to enjoy Vaults rewards or Boost acceleration.
Reward distribution:
50% of the PEA and LiNEAR produced by Partner pools will be released immediately after receiving it. The remaining 50% will unlock every six days, with 5% within 60 days.
About LiNEAR
LiNEAR Protocol a liquid staking solution built on the NEAR Protocol. LiNEAR unlocks liquidity of the staked NEAR by creating a staking derivative to be engaged with various DeFi protocols on NEAR and Aurora, while also enjoying over 10% APY staking rewards of the underlying base tokens. The cornerstone piece of the NEAR-Aurora DeFi ecosystem.
About PinkPea
PinkPea Finance the first fully integrated Aurora DeFi wealth maximizer. A fully integrated, automatic, seamless solution anyone can easily use to manage leverage and risk. Any DeFi user can apply multiple strategies to maximize their investments in one place.
