The program will kick off on May 7, featuring the 1INCH-WXT pool.
1inch’s liquidity programs continue to attract users by lucrative rewards, and we are happy to announce the 1inch Foundation’s decision to launch a new one in collaboration with Wirex.
The liquidity mining program with Wirex is to be launched at 8 pm UTC on May 7 and will run for 8 weeks.
Under the new program, an equivalent of $2.5 mln in 1INCH tokens together with an equivalent of $2.5 mln in WXT will be distributed among providers of liquidity to the 1INCH-WXT pool.
Wirex issues a payment card that makes crypto and traditional currencies equal. Users can take advantage of real-time point-of-sale conversion, zero exchange fees and up to 2% cryptocurrency rewards on all spending.
1inch’s previous liquidity mining programs, including those with Opium, DigiByte, Vesper and StakeWise, have been vastly popular with users, bringing them lucrative rewards and helping bootstrap the respective projects.
More liquidity mining programs are coming! Stay tuned!