AVAX/TEDDY LP Farming
Last updated
Last updated
Yes. 1,000,000 TEDDY will be rewarded from launch (September 2, 2021) over the course of 4 weeks to LPs of the TEDDY:AVAX Pangolin pool.
There are no immediate / public plans for additional LP rewards after the 4 week bootstrapping period.
Users can earn LP rewards by doing the following:
Add liquidity to the TEDDY:AVAX Pangolin pool, and get PGL tokens in exchange
Stake those PGL tokens into Teddy Cash's Pool2Unipool rewards contract through a Teddy Cash frontend
Accrue rewards proportional to the amount of staked tokens and staking time
Liquidity providers can unstake PGL tokens to exit the program (i.e., stop earning rewards) when they want.