dART Insurance Launched Liquidity Reward Program

Published on: 01.05.2021

The first decentralized, peer-to-peer NFT insurance coverage platform, dART Insurance launched a Liquidity Reward Program. Liquidity providers will be able to earn up to $15K USD worth of $dART tokens on PancakeSwap and $15K USD worth of $dART on Uniswap (Uniswap not yet available, coming soon). Everybody who has $dART and ETH or BNB are eligible to join on the program

Liquidity Providers will not only be entitled to the regular 0.3% exchange fee provided by decentralized exchanges, but they will also be entitled to receive additional rewards for being $dART liquidity providers. They will be able to earn extra $dART token rewards by staking their LP tokens

 

Liquidity Rules:

💥 In order to qualify for the reward program, community members will need to provide some ETH / $dART on Uniswap (Uniswap not yet available, coming soon) or some BNB/$dART on PancakeSwap. No minimum required.

💥 $dART liquidity providers will be able to earn up to $15k/month in tokens on Uniswap and $15k/month on PancakeSwap.

💥 Up to $500 per day in rewards will be split up between qualifying liquidity providers. You earn your percentage share of the pool for every day you provide liquidity, but you won’t be able to withdraw rewards until after the 30 day mark.

💥 Users can withdraw their rewards after 30 days from their first stake date. You can unstake anytime you want and you will still get rewards for the time you have staked, but it will be available only after 30 days.

💥 Liquidity providers also get rewarded with a share of fees from every trade that happens on Uniswap and PancakeSwap while you’re providing liquidity.

💥There is no minimum time required to qualify for the reward program, you qualify from the moment you put LP.

💥 The program will run for 90 days and maybe extended on a month-to-month basis.

 

ABOUT dART Insurance

dART is the first decentralized, peer-to-peer NFT insurance coverage platform. With the exploding interest in NFTs around the world, it is time users are able to fully protect their digital treasures, which can easily hold multimillion-dollar price tags 

RESOURCES:

Medium Post

Website

Staking Launchpad

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