Impossible Finance (IDIA) will be joining the DODO Booster Program and kicking off a 45-days IDIA/BUSD liquidity mining campaign, where the pool’s liquidity providers will be rewarded with IDIA tokens and DODO tokens.
The details are as follows:
Campaign Start Block Number: 12530900 (approximately November 10th, 2021, at 8:00 PM UTC+8 (Singapore Time))
Campaign End Block Number: 13826900 (approximately December 25th, 2021, at 8:00 PM UTC+8 (Singapore Time))
During the campaign, users who add funds to the IDIA/BUSD liquidity pool on the DODO Binance Smart Chain (BSC) platform will receive DLP tokens, and by staking these DLP tokens users will receive IDIA tokens and DODO tokens as liquidity mining rewards.
IDIA/BUSD Liquidity Pool Address: DODO - Your on-chain liquidity provider.
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:
Normally, the mining rewards for the first week is $7,500 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, and the maximum value for a week’s mining rewards could be as high as $45,000 worth of DODO tokens.
Impossible Finance is scheduled to release 503.136 IDIAs daily (0.01747 IDIA per block) at the first 15 days and release 251.568 IDIAs daily (0.008735 per block) for the left 30 days, and a total of 15,100 IDIA tokens are expected to be released over the course of the campaign.
IDIA Token Contract Address: 0x0b15ddf19d47e6a86a56148fb4afffc6929bcb89
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 $5,000,000, the reward value for the next week will be capped at $7,500 worth of DODO tokens.
If the total trading volume of the current week is between $5,000,000 and $10,000,000, the reward value for the next week will be capped at $15,000 worth of DODO tokens.
If the total trading volume of the current week is between $10,000,000 and $15,000,000, the reward value for the next week will be capped at $30,000 worth of DODO tokens.
If the total trading volume of the current week is greater than or equal to $15,000,000, the reward cap for the next week will be capped at $45,000 worth of DODO tokens.
Impossible Finance is a builder-focused multichain ecosystem featuring decentralized incubator, launchpad, and swap. The IDIA token is the core governance and access token for allocation into our launchpad sales. Users can stake the IDIA token into a variety of sectors and categories to secure allocation into the top project teams launching on Impossible.
These are the official links
Official website: https://impossible.finance/
Telegram : Telegram: Contact @ImpossibleFinance
Github: Impossible.Finance · GitHub