Loopring L2 Liquidity Mining: Round 5

This article was first published on Loopring Protocol - Medium
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Get ready for round 5 of incentives on Loopring’s L2 AMM & Orderbook exchange, beginning at 00:00 UTC April 1st, and lasting 13 days. We’ve got some amazing projects helping incentivize the shift to Ethereum zkRollups, so if you haven’t levelled up on layer 2 yet, now is the time.

L2 Liquidity Mining Round 5

We’ll launch the fifth round of incentives at 00:00 UTC, April 1st, which lasts 13 days. You can participate on the Loopring Exchange at exchange.loopring.io, or via the Loopring Wallet mobile app.

You may notice the campaign lasting 13 days instead of the usual 14 days. That’s because we are adjusting it so that on day 14 is when the payout actually happens, directly to your L2 account. For campaigns that last beyond one round, you can stay in the AMM pool/orderbook, and liquidity mining automatically resumes. More on this below.

1. AMM: Liquidity Mining & Swap Tournament

The following AMM pools will support liquidity mining and swap tournament. Liquidity mining incentivizes LPs in the relevant pool, while swap tournament rewards the largest swappers in the relevant pool.

Rewards for AMM LPs:

The above rewards come from the awesome projects themselves. Respectively, PieDAO, Rari Capital, Ovr, SmartCredit, Jarvis Network, Ichi, Fuse, and EvidenZ.

Rewards for AMM swappers:

The LRC swap tournament rewards comes from Loopring itself.

2. Orderbook: Liquidity Mining

Vesper is incentivizing the VSP-ETH & VSP-DAI orderbook pairs. An awesome experience for trading this DeFi token on orderbooks at tight spreads, low cost, and high speed.

Rules

1. AMM Liquidity Mining

  • This round starts at 00:00 UTC on April 1st, 2021, and lasts for 13 days.
  • We take random snapshots of the relevant AMM pools several times per day to calculate the size of reward each LP earns based on the average ...

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Loopring Protocol - Medium

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