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Provide liquidity on Polygon, earn rewards, contribute to the World’s Dapp Store
DappRadar DAO is excited to announce the RADAR x Gamma Liquidity Initiative, powered by QuickSwap and Polygon. The DappRadar DAO commits to building up liquidity on Polygon, and wants to reward those who provide and support this initiative.
DappRadar DAO is bringing RADAR to Polygon in order to tap into the Polygon 2.0 ecosystem, where liquidity will be shared across different chains built on Polygon CDK. In addition, having enough liquidity on Polygon is important, because DappRadar will move their RADAR product on-chain. Utilizing a blockchain ecosystem with low transaction fees and fast execution, empowers users and developers alike.
Our move to Polygon will help us with that, and we currently prioritize building liquidity with QuickSwap and Gamma. Both projects have a longstanding reputation, while the efforts from each party in this collaborative initiative strengthens the others.
Right now, RADAR is available on Polygon, but lacks proper liquidity. Together with Gamma we set up a V3 RADAR-MATIC pool with a tight range, which will create better liquidity and rewards for liquidity providers. Moreover, Gamma will continue to manage our V3 liquidity pools so that the token price is always within range of the pools. This ensures enough liquidity for bigger token trades.
Users and community members can contribute to these RADAR-MATIC pools through QuickSwap. Following community vote DCP-2, DappRadar DAO will allocate tokens from the airdrop pool to extend the RADAR ecosystem. In this case, the DAO will offer 7,5 million RADAR in liquidity rewards over a 6 month period. That means almost $12,000 in rewards per month. In addition, QuickSwap will support the pool with 1,000 QUICK per day, which translates into $2,421 in rewards per month.
The RADAR-MATIC pool will utilize QuickSwap V3, where ‘V3’ refers to the way liquidity provision works. Where V2 liquidity pools simply pool two tokens together, V3 pools work with concentrated liquidity. This means that liquidity providers can set a price range where their funds will be utilized, resulting in more efficient and optimized capital usage. For the end user V3 pools mean less slippage and cheaper transactions, while liquidity providers earn more rewards.
Go to QuickSwap
Click “Farm”
Find the RADAR-MATIC V3 pool
Provide RADAR and MATIC in a certain price range
Enjoy the rewards
Provide liquidity on Polygon, earn rewards, contribute to the World’s Dapp Store
DappRadar DAO is excited to announce the RADAR x Gamma Liquidity Initiative, powered by QuickSwap and Polygon. The DappRadar DAO commits to building up liquidity on Polygon, and wants to reward those who provide and support this initiative.
DappRadar DAO is bringing RADAR to Polygon in order to tap into the Polygon 2.0 ecosystem, where liquidity will be shared across different chains built on Polygon CDK. In addition, having enough liquidity on Polygon is important, because DappRadar will move their RADAR product on-chain. Utilizing a blockchain ecosystem with low transaction fees and fast execution, empowers users and developers alike.
Our move to Polygon will help us with that, and we currently prioritize building liquidity with QuickSwap and Gamma. Both projects have a longstanding reputation, while the efforts from each party in this collaborative initiative strengthens the others.
Right now, RADAR is available on Polygon, but lacks proper liquidity. Together with Gamma we set up a V3 RADAR-MATIC pool with a tight range, which will create better liquidity and rewards for liquidity providers. Moreover, Gamma will continue to manage our V3 liquidity pools so that the token price is always within range of the pools. This ensures enough liquidity for bigger token trades.
Users and community members can contribute to these RADAR-MATIC pools through QuickSwap. Following community vote DCP-2, DappRadar DAO will allocate tokens from the airdrop pool to extend the RADAR ecosystem. In this case, the DAO will offer 7,5 million RADAR in liquidity rewards over a 6 month period. That means almost $12,000 in rewards per month. In addition, QuickSwap will support the pool with 1,000 QUICK per day, which translates into $2,421 in rewards per month.
The RADAR-MATIC pool will utilize QuickSwap V3, where ‘V3’ refers to the way liquidity provision works. Where V2 liquidity pools simply pool two tokens together, V3 pools work with concentrated liquidity. This means that liquidity providers can set a price range where their funds will be utilized, resulting in more efficient and optimized capital usage. For the end user V3 pools mean less slippage and cheaper transactions, while liquidity providers earn more rewards.
Go to QuickSwap
Click “Farm”
Find the RADAR-MATIC V3 pool
Provide RADAR and MATIC in a certain price range
Enjoy the rewards
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