DODO is Boosting Stablecoin Liquidity Mining Rewards & New DODO-BNB Pair

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:

  1. USDT-USDC trading pair on Ethereum Mainnet: single pool rewards increased from 0.5 DODO per block to 1 DODO per block.
  2. 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

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