Black Whale (BLK) will be joining the DODO Booster Program and kicking off a 4-week BLK/USDT liquidity mining campaign, where the pool’s liquidity providers will be rewarded with DODO tokens and BLK tokens.
The details are as follows:
Campaign Starts: January 21st, 2022 at 8:00 PM UTC+8 (Singapore Time))
Campaign Ends: February 21st, 2022 at 8:00 PM UTC+8 (Singapore Time))
During the campaign, users who add funds to the BLK/USDT liquidity pool on the DODO Binance Smart Chain (BSC) platform will receive DLP tokens, and by staking these DLP tokens users will receive DODO tokens and BLK tokens as liquidity mining rewards.
BLK/USDT Liquidity Pool Address: DODO - Decentralized Trading Protocol for Web3
Note: Market making and liquidity provision involve risk of loss and are not suitable for every user. The valuation and prices of token assets may fluctuate substantially, and, as a result, users may see profits that are below expectations, or even sustain losses.
A how-to guide to liquidity mining on DODO:
DODO Tokens: 0x67ee3Cb086F8a16f34beE3ca72FAD36F7Db929e2
Normally, the mining rewards for the first week is $3,500 worth of DODO tokens. After the first week, DODO will continue to re-adjust the weekly reward value every Monday, based on the total trading volume from the previous week, maximum reward for BLK project pool is $10,000 worth of DODO tokens.
BLK Tokens: 0xc0E6AD13BD58413Ed308729b688d601243E1CF77
Black Whale is scheduled to release a total amount of 33,333 BEP-20 BLK tokens over the course of the campaign.
As mentioned previously, the total reward value starting from the second week of the campaign could vary based on the trading volume from the previous week.The weekly reward value is determined by the following rules:
If the total trading volume of the current week is no greater than $2,500,000, the reward value for the next week will be capped at $3,500 worth of DODO tokens.
If the total trading volume of the current week is between $2,500,000 and $5,000,000, the reward value for the next week will be capped at $7,500 worth of DODO tokens.
Project Brief Introduction:
BLK is the Governance token on BLK whale ecosystems that users are able to vote on protocol topics such as synthetic asset listings, fee revenue splits, collateral ratio, PAO(New type of IDO for new and existing projects), Social NFT[SocialFi], various ETF portfolios and other BLK improvement proposals.
Official Website: BLK Whale Token - The World's First Defi Crypto ETF
Whitepaper: BLK_v.3.2.1_compressed.pdf - Google Drive
Telegram: Telegram: Contact @BLKwhale_global