Dear champions, we are proud to announce that DSLA Community Faucet, a smart faucet that rewards users in DSLA tokens, for providing liquidity on the official DSLA-ETH pair on Uniswap, has crossed the 100,000 USD in total deposits!
By giving Uniswap liquidity providers the ability to farm DSLA tokens in exchange for UNI-V2 LP tokens, the DSLA Uniswap pool has been able to cross 250,000 USD in total liquidity.
To the DSLA core team, this is proof that the DSLA Community Faucet creates sustainable incentives to improve the trading conditions of the community on Uniswap.
We would like to thank all liquidity providers for contributing their precious DSLA and ETH to our pool, and for staking their UNI-V2 LP tokens to the DSLA Community Faucet during the 15 days trial.
We’re extending the Program for 120 days
Following our successful 15 days trial, we are extending the DSLA Liquidity Mining Progam to 120 days. 30,000,000 (30M) DSLA have been added to the DSLA Community Faucet, to reward Uniswap liquidity providers.
Up to 3𝙭 Bonus Multiplier
The more DSLA liquidity you provide, and for longer, the greater share of the faucet pool you receive:
If you stake for a month, you get 2𝙭 the rewards.
If you stake for two months, you get 3𝙭 the rewards.
We advise you try to keep stakes for at least 8 weeks to maximize rewards.
Next stop: 1,000,000 USD on Uniswap
With the continuous support of our community and the contribution of Uniswap liquidity providers, our objective with this updated program is to reach at least 1M USD liquidity in the DSLA Uniswap pool by the end of the year 2020.
Our research shows that it is the threshold needed for DSLA Protocol and the DSLA.network Ðapp to begin the next stage of their growth on the mainnet.
Now Available: The DSLA Staking Guide
The official DSLA Community Faucet staking guide is now available at this address. Please take the time to read it, it will answer most of your questions. Do feel free to reach out to an administrator on Telegram if you need additional information on something that is not covered in the guide. We are looking forward to keeping it useful, and up-to-date.
What’s next?
More pools + More incentives for liquidity providers looking for an alternative to Uniswap.
For starters, the following pools have been created accordingly:
A new 50/50 DSLA/ETH pool on Mooniswap
A new 80/20 DSLA/ETH pool on Balancer
Expect more news regarding Mooniswap and Balancer soon.
About the DSLA Community Faucet
The DSLA Community Faucet is a smart cryptocurrency distribution service, that rewards users in DSLA tokens in exchange for providing liquidity to the official DSLA-ETH pair on Uniswap.
The more DSLA liquidity you provide, and for longer, the greater share of the faucet pool you receive.