The DODO platform is increasing liquidity mining rewards for stablecoin trading pairs, effective May 7, 2021 at 3:00PM UTC+8 (Singapore time). The details are as follows:
- USDT-USDC trading pair on Ethereum Mainnet: single pool rewards increased from 0.5 DODO per block to 1 DODO per block.
- BUSD-USDT trading pair on Binance Smart Chain (BSC): single pool rewards increased from 0.1 DODO per block to 0.2 DODO per block.
These rewards adjustments mean higher incentives for liquidity providers (LPs) and thus higher liquidity for these trading pairs.
In addition, DODO BSC will be enabling liquidity mining for the DODO-BNB pair, starting from BSC block number 7208335 (approximately May 7, 2021 at 3:45PM UTC+8 (Singapore time)). The DODO reward token emission rate for this double-sided pool will be 0.3 DODO per block.
For a quick how-to guide on liquidity mining on DODO, please read https://dodoexhelp.zendesk.com/hc/en-us/articles/900005558383
Binance Block Countdown: https://bscscan.com/block/countdown/7208335
Risk Disclaimer: Market making and liquidity provision on decentralized exchanges involve risk of loss and are not suitable for every user. Please evaluate your risk tolerance before committing funds.
Happy mining and #JustDODOIt!
The DODO Team