PinkPea Finance Partners with Aurigami
PinkPea Finance has announced its strategic partnership with Aurigami to introduce their second Partner Pool USDC-Aurigami LP is going online! Users can stake USDC to receive $PEA and $PLY rewards.
PinkPea Finance is a fully integrated seamless wealth maximizer solution on Aurora that allows any DeFi user to accomplish their financial tasks without intermediaries.
PinkPea Finance and Aurigami have joined forces to provide users with an additional 3,333,333 $PLY and 66,666 $PEA tokens for 30 days.
In the future, PinkPea Finance will continue to work with high-quality DeFi protocols in the NEAR-Aurora ecosystem to bring diversified, high-yield, and sustainable DeFi tools to their users.
Mining time: June 30th 8:00 — July 30th 8:00 (UTC)
Rules:
Users deposit USDC LP into the PinkPea Finance/Aurigami Partner Pool. The deposited assets will automatically lock for seven days, after which users can withdraw them at any time. PinkPea Finance will automatically deposit the USDC into Aurigami’s USDC Pool and reinvest the PLY rewards every 30 minutes.
The weighted average will calculate the unlocking time if users deposit additional new assets to their position.
Reward distribution:
50% of the PEA and PLY produced by Partner pools will be released immediately after receiving it. The remaining 50% will unlock every six days, with 5% within 60 days.
Notice: After users deposit assets into Partner Pools, they will not be able to enjoy Vaults rewards or Boost acceleration.
About Aurigami
Aurigami (PLY) is a decentralized, non-custodial, native money market on Aurora where it offers money market services such as deposit and collateralized lending, which enables users to effortlessly lend, borrow, and earn interests with their digital assets. Aurora is an Ethereum Virtual Machine (EVM) on the NEAR Protocol blockchain. Aurigami has developed the most gas-efficient lending market and is one of the top projects on Aurora by TVL.
About PinkPea Finance
A Fully Integrated Aurora DeFi Optimizer, Seamlessly Yield, Lend, Leverage, and Loop. Within the PinkPea Finance ecosystem, users can quickly and efficiently complete everything they need without chain-hopping or fee-watching. Effortlessly save, compound, lend, borrow, trade derivatives and manage risk all in one place.Any DeFi user can apply multiple strategies to maximize their investments in one place.
SOURCE: MEDIUM
