New liquidity mining program with DigiByte and Ren
Liquidity farming for Ren-based assets continues!
Following up on the 1inch Network’s successful partnership with Ren, the 1inch Foundation decided to add another liquidity mining opportunity together with DigiByte to bootstrap renDGB within the Ethereum ecosystem.
The new 1INCH-renDGB farming program will kick off at 9 PM UTC on April 9.
Under this farming program, an equivalent of 25k USD in 1INCH tokens together with an equivalent of 25k USD in renDGB will be distributed among providers of liquidity to the 1INCH-renDGB pool over a four-week period (ending on May 7, 2021).
DigiByte is a rapidly growing open-source blockchain created in late 2013 and released in early 2014. After 7 years of forward thinking development, DigiByte has become one of the safest, fastest, longest and most decentralized UTXO blockchain in existence.
In the meantime, the 1inch Foundation’s other LP mining programs have been a smash. Among these, OPIUM from the Opium Network, LDO from Lido DAO, TORN from Tornado stand out, allowing users to benefit while boosting projects’ liquidity.
More liquidity mining incentives are coming, so stay tuned and keep farming!