DeFi 1inch Network Web3

A new liquidity mining program with Opium

1inch Network-photo

by 1inch Network

• 1 min read

As a follow-up to a highly popular ETH-OPIUM liquidity mining program, another opportunity featuring the OPIUM token will be launched.

We are excited to announce the 1inch Foundation’s decision to launch a new liquidity mining program with Opium, one of the most promising projects in the DeFi space.

The new program, centered on the 1INCH-OPIUM pool, will start at 9 pm UTC on March 30.

Under this liquidity mining program, 150k 1INCH tokens will be distributed among providers of liquidity to this pool over a 24-weeks period.

In addition, the Opium protocol, the issuer of the OPIUM token, one of the hottest tokens in the DeFi space right now, will distribute 150k OPIUM to the program’s participants via DR.OPIUM on over a 24-weeks period too.

Opium is a universal and robust DeFi protocol that enables creating, settling, and trading decentralized derivatives. Opium products can be used to speculate on opportunities inside and outside of DeFi or hedge against trading risks. Opium’s most recent breakthrough product is collateralized debt obligations (CDOs) for Compound Finance’s automated lending markets.

The 1inch Foundation’s liquidity programs have proven to be efficient bootstrapping tools for emerging projects, while users have enjoyed lucrative pool rewards.

Opium has already earned a reputation as one of the ‘blue chips’ of the DeFi space, and more exciting liquidity mining programs featuring tokens of projects like that are coming! So, stay tuned!

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