Vote for the Next Tokens to Receive BNT Liquidity Mining Rewards

  • SNX
  • AAVE
  • NXM
  • ENJ
  • JRT
  • LRC
  • RSR
  • BNB
  • KNC
  • OMG
  • NMR
  • STAKE

How to Vote

  • Go to Bancor’s Discord and vote for the next 2 tokens to receive BNT liquidity mining rewards.
  • The 6 tokens with the most Discord votes move to on-chain voting, where a YES/NO proposal will be created for each selected token.
  • The 2 tokens with the most YES votes start receiving BNT liquidity mining rewards.
  • In order to qualify for rewards, a pool must have a minimum of $400,000 in liquidity.

More details on BNT Liquidity Mining:

  • Every 2 weeks, 2 new tokens will be voted into the BNT liquidity mining program by Bancor governance.
  • New tokens added to the program receive receive weekly BNT rewards for 12 consecutive weeks.
  • The entire program last for 72 weeks.
  • 70% of weekly BNT rewards emitted to a given pool are distributed to the BNT side of the pool. 30% are distributed to the base ERC20 token side.
  • Meaning, users who stake BNT in a rewards pool are entitled to a greater share of rewards.
  • LPs who leave their BNT rewards unclaimed for 2+ weeks or re-stake their BNT rewards to another pool are entitled to receive a Bonus Rewards Multiplier, which increases their BNT rewards by up to 2X per week.
  • Rewards will appear retroactively in bancor.network upon activation of the program in the coming weeks.
Returns from BNT liquidity mining rewards on bancor.network

More details on Bancor v2.1:

  • Bancor v2.1 introduces impermanent loss insurance and single-sided exposure to AMM liquidity pools.
  • Users can stake their tokens and earn swap fees and BNT liquidity mining rewards while maintaining 100% exposure to a single asset with protection against impermanent loss.
  • Impermanent loss insurance starts 30 days after your deposit, at a rate of 30% and gradually increases 1% per day until you reach 100% protection.
  • Liquidity providers are insured against impermanent loss in whitelisted Bancor pools whether they opt to stake single-sided or dual-sided.

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