Dfyn Exchange recently received $500,000 from Polygon in $MATIC tokens to launch incentivized $MATIC farms.
The rewards will be matched by almost a factor of two by Dfyn and a total reward of $1,100,000 will be given to the community in the form of liquidity incentives to further stimulate users to add liquidity to these pools.
More details about these farms are given below:
Launched under the category of “Launch Farms,” with a total reward pool of $150,000 worth MATIC and $300,000 worth DFYN tokens accruing over a 60-day period. The rewards accrued from this farm will be vested over a period of 8 months after the farm ends (20% in 5 tranches — Day 0, Month 2, Month 4, Month 6, Month 8).
This pool was also launched under the “Launch Farms” category and follows the same structure as the MATIC-wBTC farm. This 60-day farm will have a total reward pool of rewards worth $150,000 in MATIC and $300,000 in DFYN tokens, with users accrued rewards vested over a period of 8 months.
This pool was also launched under the category of “Dual Farms” and will have total rewards worth $200,000 in MATIC tokens $500,000 in DFYN tokens accruing over a period of 4 months. In this farm, the rewards accrue block by block and can be claimed anytime. Currently, the farm is launched for one month, but it will be rolled over for 4 months.
Dfyn is a multi-chain AMM DEX currently functional on the Polygon network and Fantom. Dfyn nodes on various chains act as liquidity entry and exit points into the cross-chain liquidity super mesh that is being enabled by Router Protocol.
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