Degen

$DEGEN Update: Just took the final snapshot for Airdrop 1. It's now closed – huge thanks to everyone who participated! Didn't make it? No worries, there are more chances ahead with future airdrops to snag some $DEGEN. I'm gearing up for Monday's launch. See you then!

did you figure out with LP? 

Seems like it was the hardest moments for farcaster memecoins

Farcaster OG ↑↑↑
NGO Volunteer ↑↑↑ Ping Network Social Lead ↑↑↑ Warpcast Growth Advisor ↑↑↑ Any of my casts are not financial advices

We're kicking off a liquidity mining program! To get things rolling, I'll be putting in 2 ETH initially to bootstrap the pool. After that, it'll be in the community's hands to keep the momentum going.

You'll earn points for locking liquidity. Then, at the end of the month, you can exchange those points for tokens. I might later create a method to stake your tokens, allowing immediate rewards upon unstaking, but we'll see. I think the points system works well and saves me time to focus on other things."

will this be the "stake LP pair for yield" variety of mining?

Yes, that's correct, but it's 6 months, not 4, since it will run until June 8, 2024.

so 10% which equals to aprox. 3.7B tokens means rewards for liq providers over the 4 months period?