Sponsored
Kyber NetworkBitTorrent has announced that KyberSwap will be integrated with BitTorrent Chain(BTTC) in their 11th integration chain. With liquidity mining incentives and trading incentives totaling more than $1.5M, users have immediate access to over $1.5M.
The partnership will accelerate DeFi’s adoption with the combined benefits of best trading and earning rates, ease of use, SicherheitMulti-chain capability.
Liquidity Mining Makes It Attractive
KyberSwap has been the top multi-chain DEX. It is the ideal place to trade, earn excellent DeFi rates and make money. KeyberSwap, which facilitated more than US$8B in trading volume as of March 2022 was the number 7 DEX by TVL growth. BitTorrent is an EVM-cross-chain protocol. It adopts PoS (Proof-of-Stake), and uses sidechains to scale smart contract. Users of KyberSwap or BTTC will be able to participate in over 2,000 events during the next four months starting 21 April. US$1.5MIncentives for liquidity mining
KyberSwap will become the DEX de-facto with the greatest liquidity and the largest swaps on BTTC. What is cross-chain bridge with Ethereum, BNB chain or Tron network for cross-chain? This partnership hopes so.
KyberSwap: What’s the point of adding liquidity? KeyberSwap provides liquidity providers (LPs), with attractive incentives, high trading rates, and great yields the chance to maximize their returns.
- Amplified liquidity poolsHigh capital efficiency, fewer tokens required for better liquidity and rates.
- Dynamic FeesThese firms react quickly to changes in the market and maximise returns for LPs.
- Better Reliability & Security: ChainSecurity audited and Unslashed Finance insured the amount up to $20M
- Completely PermissionlessYou can easily add liquidity to any pair of tokens in KyberSwap, and any taker (e.g. Dapp, aggregater, or end userThis liquidity is available to.
- There is no centralized OracleThere are no third-party, centralized or unspecified price feed risks. Oracles are a software middle that links non-blockchain and blockchain sources. It is central software that links blockchain to outside world.
KyberSwap allows BTTC users to trade at the highest rates, earn the most money and have access to all the multi-chain DeFi options. With monthly trading competitions, community giveaways, and an exclusive airdrop for all users who participate on-chain, KyberSwap is making it more attractive to add liquidity and maximize returns using its platform; and that’s not all! More integrations, features and rewards are coming soon.
KyberSwap welcomes this partnership. In order to get things started, the team will be holding a trading contest for sure with a prize pool of $30,000 from KNC. The steps are easy for winning.
Step 1 Go here kyberswap.com
Step 2For gas fees, ensure you are on BitTorrent Chain.
Step 3 Perform ANY token swap. 100 is the minimum volume for a trade.
- Trades should be conducted on kyberswap.com. Simply perform token swaps on BTTC from 21st April to 30th April to receive your share in the rewards pool
For The Love of BTTC & KyberSwap
All users of KyberSwap and BTTC will benefit from the partnership. BitTorrent will increase liquidity on KyberSwap by running a $1.5million liquidity mining campaign. Beginning April 21st at 5:00 PM, liquidity providers on KyberSwap will have the ability to add any liquidity to 13 pools eligible for KyberSwap via BTTC. They can also unlock their part of $1.5M in BTT rewards and KNC.
KyberSwap’s BTTC farms will receive over $1.5M in BTT & KNC rewards, over four-months. Below are the farms that will become live Thursday 21 April 2022 at 20:00 GMT+8. Additional farms will follow.
Saving the best for last and putting the cherry on top of this fantastic partnership, in their upcoming Gleam Campaign, there’s also $200 KNC to give away to five lucky winners! Follow these simple steps to be eligible to win $200 in KNC each!
Details will follow, so keep checking back for more information!
How to start liquidity mining with BTTC
All you need to know to begin farming $BTT or $KNC is this:
Step 1 Visit kyberswap.com
Step 2 For gas transaction fees, make sure that you’re connected to the BTTC network.
Step 3 You can visit the Pools Page to add liquidity to eligible pools. Eligible Rainmaker pools are identifiable by a raindrop 💧 icon. After you have added liquidity, your pool share will be represented by Liquidity Provider tokens (LP).
Step 4 Navigate to the Farm Page and click on Approve to allow liquidity to be added to your farm. Once you have been approved, place your LP tokens onto the farm. Then, you’ll start to receive BTT//or KNC reward, which you can harvest at any time. You do not need to wait for vesting!
Make sure to check out the Kyber Network’s Medium post on the matter for the full details and explanations.
Learn more at Kyberswap.com. Join the group to get involved. Twitter.
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