Loopring L2 AMM Liquidity Mining: Round 3

This article was first published on Loopring Protocol - Medium

Recap of Round 2

In the past month, Loopring has launched two rounds of AMM liquidity mining activities. The total value locked on Loopring zkRollup now exceeds $200M. And the APY of many AMM pools exceeded 100% by the end of round 2.

You can expect your round 2 liquidity mining rewards to hit your Loopring L2 accounts automatically within the next day, or they may have arrived already.

The dashboard where you can see which pools have which rewards, and the corresponding APYs is: https://exchange.loopring.io/info/pairs.

If you are using the Loopring smart wallet on mobile, you can see it in the AMM liquidity page.

Trading volume of Loopring’s Layer 2 AMM DEX broke a new high, with a 24-hour trading volume exceeding 24 million USD.

You can see Loopring volume stats and much more info via on-chain data at https://duneanalytics.com/loopring.

Alternatively, via data sites like Coingecko.

Coingecko displays Loopring AMM (left) and Orderbook (right) separately.
If you want Loopring Exchange aggregate data like you see above, and don’t want to read from on-chain, Loopring relayer has data reporting APIs.

L2 Liquidity Mining Round 3

We’ll launch the third round of incentives at 00:00 UTC, February 11th as follows:

1. AMM Liquidity Mining & Swap Tournament

The following AMM pools will support liquidity mining and swap tournament. The first pool is powered by Loopring, and the rest are sponsored by the corresponding projects, with Loopring matching a portion of the projects’ incentives.

One thing you’ll notice is that the Loopring incentivized pool of ETH-USDT has double the reward of the pools in prior rounds. 800k LRC distributed to LPs in that pool over 14 days. 200k LRC going to the top swappers in that pool.


To keep reading, please go to the original article at:
Loopring Protocol - Medium

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