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DeltaPrime announces launch of its first Liquidity Mining Program

Nishit Jogi by Nishit Jogi
September 2, 2023
in News
Reading Time: 1 min read
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Home » News » DeltaPrime announces launch of its first Liquidity Mining Program

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DeltaPrime, a decentralized prime brokerage platform, is launching its first liquidity mining program on Sunday, September 3, 2023.

We are launching our first liquidity mining program in⚠️2 days⚠️

This goes for both #AVALANCHE and @arbitrum users🔥

In typical DeltaPrime fashion, we focus on sustainability.

Find all details here 👇 https://t.co/wdamTJ7OK4

— DeltaPrime🔺 (@DeltaPrimeDefi) September 1, 2023

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This is your chance to earn juicy rewards by depositing tokens into DeltaPrime’s pools on Avalanche and Arbitrum, two of the most popular layer-2 solutions for Ethereum.

You can enjoy bonus APYs on top of the interest rates and swap fees you receive from DeltaPrime’s innovative features, such as leveraged borrowing, swapping, and liquidity providing.

DeltaPrime is not your typical DeFi platform that relies on inflationary token emissions or mercenary capital. DeltaPrime has a sustainable and value-driven liquidity mining program that uses a portion of the fees generated by its dapp to buy back and distribute its native token, DELTA, to the liquidity providers.

DELTA will have various use cases within the DeltaPrime ecosystem, such as governance, staking, and discounts.

The liquidity mining program will run for all open Arbitrum and Avalanche pools until further notice. You can see the bonus APYs from the depositor page on the DeltaPrime dapp.

To participate in the program, you need to have a Prime Account on DeltaPrime, which allows you to access all the features of the platform with one wallet.

You can create LP positions with any tokens from your Prime Account, whether deposited, borrowed, or swapped.

By providing liquidity through DeltaPrime, you can not only lower the slippage for people swapping on these DEXs, but also capture a multiplied percentage of the swapping fees these protocols pay to liquidity providers.

Tags: DeFi
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