Photonswap Launches Ultra Farms & Single Staking on Kava Network
Photonswap is thrilled to announce the launch of Ultra farms & Single Staking on Kava’s CosmosEVM Network.
Put your KPHOTON-KAVA and KPHOTON-USDC LP to earn Juicy APR on kava.photonswap.finance.
They are closely working with Kava Team to bring more utility to Kava’s Ethereum Co-Chain. They are one of the first protocols to join the Kava Pioneer Program.
You can also check what their super farms are on Photonswap’s Kava article:
https://medium.com/@photonswap/photonswap-launches-super-farms-on-kavas-cosmosevm-network-c251646b797
So if super farms provide these many benefits then what is Ultra Farm?
Ultra farms do 2x and 4x on farming rewards to bootstrap K-Photon liquidity on Kava Ethereum Co-chain.
K-Photon is Kava-Photonswap’s native utility and governance token without any strings attached like presale, seed sale or private sale.
New Farms to be deployed
Ultra Farm details.
1) K-PHOTON-KAVA LP: Reward Emission 800,000 K-PHOTONs Per Month
2) K-PHOTON-USDC LP: Reward Emission 400,000 K-PHOTONs Per Month
Single Staking of K-Photon
1)K-PHOTON single staking: Reward Emission 200,000 K-PHOTONs Per Month
Reward Emission Starts: 02nd July 2022, 06:00 AM UTC
Liquidity Pair are subject to Impermanent Loss and to prevent that we provide highest APR on most liquid pairs along with transaction fees.
About Kava
Kava is a secure, lightning-fast Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos in a single, scalable network.
About Photonswap
Photonswap is a multi-chain premium AMM dex currently live on Kava, EvmOS and Crono. Since then, Photonswap has been developing its multi-chain functionality and closely with DexPad (https://dexpad.io), helping projects launch quickly on Photonswap and providing them support for farms.
SOURCE: MEDIUM
