Apollo DAO launched its CFE (Community Farming Event) on September 14, allowing thousands of people to deposit up to $200M in TVL and farm 3 milion Apollo tokens.
The fixed price for the event was $0.25, which meant that all accrued rewards from the LP farming (with LPs like MINE-UST giving the highest APR followed by Anchor and Mirror mAssets) would be sold and used to buy Apollo tokens at that rate.
The event was a success, giving everyone a community sense that is priceless. From the poorest to the richest, everyone had the ability to get some $APOLLO for "free", even you're missing out on native rewards like MINE, ANC and MIR. Similar to what Orion Money did with Anchor rewards in its private farming event.
The Apollo team was completely transparent about their strategic partners, more than 50, who funded the project with $2.2M receiving tokens @ $0.15.

