Introducing the XDB Liquidity Reward Program on Uniswap

There is no doubt that DEX trading has increased in popularity in 2020. In support of this, the XDB Foundation is excited to announce the XDB Liquidity Reward Program exclusively on Uniswap.

 

XDB Liquidity Reward Program Details

Start: Wednesday, December 30, 2020, with the Ethereum block mined at approximately 4:00pm UTC

Expiration: No expiration date has been set. However we do reserve the right to terminate the program at any time.

Reward Size: Initially the reward size will be seven (7) XDB tokens per one (1) Ethereum block, with the XDB Foundation maintaining the right to change the reward size with seven (7) days notice as the program matures. It is expected that the reward size will be decreased to less than 7 tokens within 30 days. This medium post will be updated with notices from the Foundation with any changes from time to time.

Reward Distribution: Rewards will be distributed every seven (7) days so long as the program is operational. Rewards will be distributed based on a Liquidity Providers (LP) proportional contribution to the Uniswap XDB-ETH liquidity pool. There is no minimum or maximum contribution amount required to participate in this program.

Due to gas prices, there is a set threshold to receive your rewards distribution. XDB token rewards will only be sent to you after your reward balance reaches a minimum of 2,000 XDB tokens. Smaller balances will be carried forward into the next period’s rewards until it meets this minimum threshold requirement.

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