Synthetix ExchangeThe Kwenta Token Migration
The swap interface for migrating your KWENTA tokens to SNX is now live. This migration unlocks opportunities to participate in the Synthetix system and DAO, where your SNX tokens can be staked and used to help govern the protocol. Follow the simple steps below to ensure a smooth transition and start vesting your tokens today. For more details about the unification with Synthetix, check out this blog.Key Details About Token VestingTokens began vesting on November 12th, even if you haven’t depo...
Synthetix ExchangeKwenta x Synthetix: Next Steps
Following the unification announcement, we’re now entering the next phase of the transition. This stage focuses on streamlining token migration, refining incentives, and ensuring traders experience a smooth shift as Kwenta evolves into Synthetix Exchange.Social Media UpdatesKwenta’s community spaces are evolving to support this transition while ensuring traders and community members continue to have access to resources and support.Discord ChangesWhile most channels will be archived, key chann...
Synthetix ExchangeUnveiling the Synthetix Exchange
With the successful transition to Synthetix Exchange, the deprecation of the Kwenta DAO and Kwenta brand is now final. This marks the end of an era, but it’s far from the end of the journey. The community that powered Kwenta will continue to thrive under the unified Synthetix Exchange banner. Alongside this evolution comes a major product upgrade, setting the stage for an even better trading experience. Before we dive into the new features of Synthetix Exchange, here’s how you can stay involv...
Kwenta has been acquired by Synthetix. Please follow along at https://blog.synthetix.io/ Trading is live at https://exchange.synthetix.io/
Synthetix ExchangeThe Kwenta Token Migration
The swap interface for migrating your KWENTA tokens to SNX is now live. This migration unlocks opportunities to participate in the Synthetix system and DAO, where your SNX tokens can be staked and used to help govern the protocol. Follow the simple steps below to ensure a smooth transition and start vesting your tokens today. For more details about the unification with Synthetix, check out this blog.Key Details About Token VestingTokens began vesting on November 12th, even if you haven’t depo...
Synthetix ExchangeKwenta x Synthetix: Next Steps
Following the unification announcement, we’re now entering the next phase of the transition. This stage focuses on streamlining token migration, refining incentives, and ensuring traders experience a smooth shift as Kwenta evolves into Synthetix Exchange.Social Media UpdatesKwenta’s community spaces are evolving to support this transition while ensuring traders and community members continue to have access to resources and support.Discord ChangesWhile most channels will be archived, key chann...
Synthetix ExchangeUnveiling the Synthetix Exchange
With the successful transition to Synthetix Exchange, the deprecation of the Kwenta DAO and Kwenta brand is now final. This marks the end of an era, but it’s far from the end of the journey. The community that powered Kwenta will continue to thrive under the unified Synthetix Exchange banner. Alongside this evolution comes a major product upgrade, setting the stage for an even better trading experience. Before we dive into the new features of Synthetix Exchange, here’s how you can stay involv...
Kwenta has been acquired by Synthetix. Please follow along at https://blog.synthetix.io/ Trading is live at https://exchange.synthetix.io/
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We’re excited to announce that Kwenta liquidity mining incentives on Optimism are enabled through the KWENTA/ETH Arrakis vault. Our use of Arrakis allows for KWENTA/ETH liquidity mining through an easy-to-use UI directly inside of Kwenta. The Kwenta Improvement Proposal KIP-26 put in place 783.43 KWENTA in rewards to be distributed between Nov 18th and December 18th to participating liquidity providers.
Pool Details:
Pool: KWENTA/WETH
Fee Tier: 1%
Reward: 0.25% of the initial supply or 783.43 $KWENTA (LP rewards are 100% liquid with no vest attached)
Start: November 18th, 2022
End: December 18th, 2022
minPrice: 0
maxPrice: Infinity
Connect to Optimism
Acquire KWENTA and ETH
Deposit your liquidity to the KWENTA/ETH Arrakis pool here.
Once done, deposit your LP pool tokens into the Kwenta staking contract here.
Once rewards accrued, LP providers can claim their earned KWENTA at any time.
Important: The Arrakis pool accepts both ETH and WETH. You can switch the Use ETH toggle if you want to deposit your ETH without the need to swap it into WETH.
Arrakis (previously known as G-UNI) curates tokenized LP strategies - specializing in concentrated liquidity (i.e. Uniswap V3) - by converting non-fungible liquidity mining positions in a given Uniswap pool into fungible ERC20 tokens and automating the rebalancing processes.
Liquidity positions are non-fungible and are not represented as ERC20 tokens on Uniswap V3, which means implementing them as part of liquidity mining schemes becomes tricky and difficult. But by using the Arrakis protocol, many of these problems are solved and a lot of the complexities that providing liquidity to Uniswap V3 involves are completely erased.
Find out more about Arrakis here:
Join the adventure to become the ruler of planet Arrakis.
If you haven't already, join the Kwenta community on Discord.
To be the first to learn about new updates to Kwenta, follow us on Twitter.
To trade synthetic assets and futures, visit** Kwenta.**
We’re excited to announce that Kwenta liquidity mining incentives on Optimism are enabled through the KWENTA/ETH Arrakis vault. Our use of Arrakis allows for KWENTA/ETH liquidity mining through an easy-to-use UI directly inside of Kwenta. The Kwenta Improvement Proposal KIP-26 put in place 783.43 KWENTA in rewards to be distributed between Nov 18th and December 18th to participating liquidity providers.
Pool Details:
Pool: KWENTA/WETH
Fee Tier: 1%
Reward: 0.25% of the initial supply or 783.43 $KWENTA (LP rewards are 100% liquid with no vest attached)
Start: November 18th, 2022
End: December 18th, 2022
minPrice: 0
maxPrice: Infinity
Connect to Optimism
Acquire KWENTA and ETH
Deposit your liquidity to the KWENTA/ETH Arrakis pool here.
Once done, deposit your LP pool tokens into the Kwenta staking contract here.
Once rewards accrued, LP providers can claim their earned KWENTA at any time.
Important: The Arrakis pool accepts both ETH and WETH. You can switch the Use ETH toggle if you want to deposit your ETH without the need to swap it into WETH.
Arrakis (previously known as G-UNI) curates tokenized LP strategies - specializing in concentrated liquidity (i.e. Uniswap V3) - by converting non-fungible liquidity mining positions in a given Uniswap pool into fungible ERC20 tokens and automating the rebalancing processes.
Liquidity positions are non-fungible and are not represented as ERC20 tokens on Uniswap V3, which means implementing them as part of liquidity mining schemes becomes tricky and difficult. But by using the Arrakis protocol, many of these problems are solved and a lot of the complexities that providing liquidity to Uniswap V3 involves are completely erased.
Find out more about Arrakis here:
Join the adventure to become the ruler of planet Arrakis.
If you haven't already, join the Kwenta community on Discord.
To be the first to learn about new updates to Kwenta, follow us on Twitter.
To trade synthetic assets and futures, visit** Kwenta.**
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