Today, we are absolutely delighted to announce that Litecoin Liquidity Mining is coming to DeFiChain!
"When will it arrive?" we hear you ask — very soon! The new liquidity pool will be launching on Tuesday, 2nd February 2021, at 11:00 UTC! Deposits will be possible a few hours earlier already.
Just like last time, during the week of the launch, Liquidity Mining rewards will temporarily be reduced to 1% (0.02 DFI / block) only.
This is to ensure that anyone who is interested gets a fair chance to be able to participate in the pool (especially when rewards are increased). It also gives just enough time to understand how the system works.
We will then increase the Liquidity Mining rewards from Tuesday 9 February 2021, at which point they users will be able to receive 100x the initial return — that's a whole 2 DFI / block in Liquidity Mining rewards!
This is a big one, so we recommend that you begin your preparations. Download the DeFiChain App or register for an account with our trusted partner Cake DeFi, where you will be able to start Liquidity Mining in just a few simple clicks.
Your DeFiChain Team