PEAKDEFI launches liquidity mining!

Liquidity mining has been a very popular term in the DeFi sector for some time. By providing liquidity on a decentralized exchange, one can stabilize a trading pair and reduce price changes during a swap in the form of slippage. Normally, users only get the fees from the swaps as a reward for providing liquidity.

We have decided to go one step further: We give extra bonuses!

Whoever provides liquidity for the trading pairs within the next 30 days:

PEAK/ETH -> Click to see the pool

PEAK/WBTC -> Click to see the pool

on Uniswap will receive special rewards. After all, in our whitepaper, we have already set some of the tokens for Liquidity Mining and they will be called now.

Users can now provide liquidity on Uniswap and will be rewarded with LP tokens afterwards. The LP tokens for the above mentioned trade pairs can then be used on https://farming.peakdefi.com to earn extra rewards.

As security is a very important concern for us, we have all our smart contracts checked and audited by renowned companies. The smart contracts for liquidity mining were verified and subsequently audited by Hacken.io.

The report on this can be read here: https://hacken.io/wp-content/uploads/2021/07/26042021_PeakDeFi_SC_Audit_Report.pdf

The PEAK tokens which are now provided as rewards for liquidity providing were locked in a smart contract by PEAKDEFI from the beginning. These have now been released and transferred to an address of the PEAKDEFI project, which fills the smart contract for the rewards for liquidity mining.

The following smart contract was unsubscribed by us and the 138 million tokens were released.

https://etherscan.io/address/0x5c254fd411db8d8a696b94a46508df7ce578729d

Of these, 44 million PEAK go into the smart contract for providing liquidity PEAK/ETH.

https://etherscan.io/address/0x536B4D88fdE42c6f6b14A7756355Aad6Ef39bCd6

Another 44 million PEAK go into the smart contract for providing liquidity PEAK/WBTC

https://etherscan.io/address/0x4Fc8ceF7fa9F330a29332bDC773ae45eafBBB815

And the remaining 50 million PEAK will remain available for upcoming incentives on the Binance Smart Chain (For more information: See Whitepaper Tokenomics)

So everyone can transparently understand where the PEAK come from and how they are used.

If you have any questions regarding our Liquidity Mining on Ethereum via Uniswap, do not hesitate to contact us via Telegram.

Otherwise, enjoy the farm rewards at: https://farming.peakdefi.com

Or visit our platform at: https://peakdefi.com/

--

--

--

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Aussie press muses Bitcoin as a gold replacement…

Aussie press muses Bitcoin as a gold replacement...

HELIOS project gets listed on ATOMARS

Navigating Chaotic’s Ecosystem

Top 10 Cryptocurrencies Analysis (February)

Explorers of the Metaverse, Join Us on an Adventure into Continuum World!

Ceyron — Cryptocurrency based investment platform

Sila CTO Alex Lipton Co-Authors “Digital Trade Coin: towards a more stable digital currency”

Coins and Tokens Simplified

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Tempnetmi

Tempnetmi

More from Medium

Listing: Minto x MDEX announcement

Earning Yield on $WTFL DefiWaterfall

CTENA Finance Project update #3 nov2021

Introducing Mid-Term Farming