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%
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.
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:
Visit our new website here: