Degen

Hey Degens, Liquidity Mining Season 5 rewards are live! Happy claim day, and big shoutout to all the liquidity providers out there! Enjoy your weekend, everyone! 🎩

https://www.degen.tips/liquidity-mining/current

Navigating the world of finance by day, pondering its flaws by night. ETH Maxi

We don’t calculate the APR right now. It depends on how many people are providing liquidity, the amount you contribute relative to others, and how concentrated your liquidity is. Some participants have earned significant returns—some as high as $50k this season. In the future, using Uniswap’s V3 Staker contract might make calculating APR easier.

Where can we find the rewards/ APR for LPing on uniswap? For some reason I was under the impression they had stopped, or maybe that’s just because certain large, vocal accounts were whining when the rewards went down…

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Develops things.   Working to /payitforward

Each week, we add incentives directly to the concentrated pool on Aerodrome. If you’re providing liquidity there, you can easily claim your rewards through their platform.

are there any plans to add aerodrome to this and receive points?

LPing since early days 

great to have another airdrop 🎩

do you have to claim or will there be airdrop?

/monad ecosystem growth | ex telco.in & everwave.xyz founder | /music moderator | writing on web3 & culture https://paragraph.xyz/@alixkun.eth

We’re working on making this easier. A new DEX is launching on the DEGEN chain, and by the end of the month, we’ll add USDC liquidity to streamline conversions.

Thanks Jacek!

Whats the best way to convert degen for stablecoin once claimed the reward on l3?

Given that it takes a week to bridge, it creates a huge tax risk once claimed 😆

Just today I realized degen does liquidity mining 

Hmm Gold

I've never tried liquidity mining, is it pretty straight forward or do you need to set up parameters?