Liquidity Program
From September 1st to April 30th, Gable will launch a Liquidity Incentive Program, distributing approximately 100 million $GAB tokens to liquidity providers. This initiative aims to boost the liquidity of the $GAB token, enhancing its utility and facilitating the launch of V2, which introduces perpetual lending.
Introduction and Purpose
The Liquidity Incentive Program is designed to attract and reward liquidity providers (LPs) who contribute to the liquidity GAB/XRD pairs at decentralized exchanges (DEX). By boosting liquidity, we aim to ensure smooth transactions and greater stability for our native token, paving the way for the successful rollout of V2. Enhanced liquidity is crucial for enabling the $GAB token's utility.
Rewards Overview
Participants in the Liquidity Incentive Program will receive rewards in the form of $GAB tokens. The rewards will be distributed based on the amount of liquidity provided and the duration of participation.
Rewards: A total of 100 million GAB tokens have been allocated for the 8 month duration of this program.
Distribution: Rewards are distributed weekly, ensuring continuous incentives for active LPs.
Allocation: Rewards are allocated every 5 minutes. This means that any new LP position will be earning rewards within 5 minutes after providing liquidity.
Quick Guide
(assuming that you already have a Radix wallet, and tokens of the pool pair ($GAB and $XRD) to provide as liquidity)
Provide Liquidity: Choose an eligible liquidity pool and add liquidity.
Earn Rewards: Start earning rewards within 5 minutes, distributed weekly.
Monitor and Withdraw: Track your rewards here and withdraw them at your convenience via the DEX (see below).
Liquidity Pools
The following liquidity pools are eligible for the incentive program:
More coming soon
By participating in this Liquidity Incentive Program, you contribute to the growth and stability of our ecosystem, ensuring a successful V2 launch and a robust token economy. Join us in this exciting journey and start earning rewards while supporting the future of decentralized finance.
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