Rigel Protocol Announced The Upcoming Yield Farming V2

Published on: 03.10.2021

Great news for Rigel Protocol! the Yield Farming V2 it’s currently on the last stages of development in order to deliver new farming pools, a much better user experience, security and contract stability.

Estimated Block Target Date: 07/10/2021

Countdown to launch: https://bscscan.com/block/countdown/11563388

Once launched, Farming V1 Liquidity Providers will need to migrate their liquidity to the new farming version.

For this, just unstake your LP tokens from the V1 and and restake them on the Farming V2 DApp.

Users will have a maximum of 5 days to migrate until the reward earning stops on the V1. The Farming V2 will be opened 5 days before so current users and any LPs could transfer or add liquidity without restrictions.

Once rewarding is halted on V1, the farming rewards would start off on the new version automatically.

Several new farming pools will be added gradually to the new DApp version, expect new farms like AXS/RGP and AXS/BUSD among the first.

About Rigel Protocol

Rigel Protocol is a Blockchain Decentralized protocol for a diverse set of DeFi products. A protocol built to improve and touch up existing Decentralized Finance (DeFi) features while introducing several innovative DeFi products to propel scalability, security in the Blockchain, user experience and adoption.

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