Dear CommanDODOs,
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 How to participate in liquidity mining on DODO? – DODO
Binance Block Countdown: Binance Block Countdown
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