New FlameDEX LP farms will launch on November 11th

After the release of FlameDEX from FlameDeFi, it’s time to launch our new farms with FlameDEX LP on SpaceFarm!

We will be launching on Thursday November 11th 12 new farms, with our native tokens / XTZ but also with pairs with Stablecoin (USDtz, KUSD, wUSDT…) or FLAME / fDAO pair.

Here is the new farms list:

FLAME / XTZ LP -> fDAO

FLAME / USDtz LP -> fDAO

FLAME / wUSDC LP -> FLAME

FLAME / kUSD LP-> FLAME

FLAME / wUSDT LP -> FLAME

FLAME / fDAO LP -> FLAME

FLAME / wWETH LP -> FLAME

fDAO / XTZ LP -> fDAO

fDAO / USDTtz LP -> fDAO

fDAO / wUSDT LP -> FLAME

ETHtz / XTZ -> FLAME

USDtz / XTZ -> FLAME

You will be able to earn $FLAME and $fDAO through these different farms. Notice that even with new farms, we won’t increase $FLAME inflation.

Our farms will have unstake fees. We will use the collected fees to buyback and burn $FLAME.

<7d — 20%

>14d — 10%

>21d — 7%

>30d — 4%

>180–0%

The new farms will help to attract liquidity within FlameDEX and allow a better “swap experience” for our users, as well as burn more $FLAME.

We will gradually close the farms with Quipuswap Liquidity Pool. If you have liquidity within Quipuswap, you can now transfer it to FlameDEX here.

https://app.flamedex.io/

Then go to the “Liquidity” section and select the pair in which you want to add liquidity.

Notice that SpaceFarm and FlameDEX have been reviewed by Tezos expert company Functori. You can found the review result on our website.

Find more information about FlameDeFi and FlameDEX in this article:

https://flamedefi.medium.com/flamedex-is-live-on-mainnet-a16e488e69ff

https://flamedefi.io

Telegram: https://t.me/FLAMEtokenFarm

Twitter: https://twitter.com/FlameDeFi

Discord: https://discord.gg/cz4zXp7Rsh

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