Never Been Seen Before: sAVAX-AVAX Non-Stablecoin Pool is Launching on Platypus

Published by AVAX on

Is Platypus just for stablecoins? Find out below!

You might have heard that Platypus is only for stablecoins. But is it really just for that? I’ll give ya one hint: equivalents are gooood. Alright, alright, enough guessing. We have an exciting announcement to make. Ready? Okay, here it goes….

We are launching sAVAX-AVAX pool on Wednesday! It’s going to be at 9am UTC on 27th April 2022.

To answer the question above, Platypus can also list tokens pegged to each other. Diversifying the pools on our platform to expand your choices and opportunities is still our aim, and we’re not done expanding the list yet. The community can expect more tokens to be listed in the future.

Double Rewards Program on sAVAX-AVAX Pool

It’s going to be twice as sweet on sAVAX-AVAX pool. Get in on this great opportunity by staking and farming here. Apart from $PTP, you will also earn $QI in this pool. The daily emission from BENQI is 500k QI. The new haircut for non-stablecoin pegged asset trading is 0.1%.

Updates to the Liquidity Mining Architecture

The total monthly reward emissions for all liquidity pools remains unchanged at 3,000,000 PTP. The adjusted emission market weights by assets are as follows:

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Never Been Seen Before: sAVAX-AVAX Non-Stablecoin Pool is Launching on Platypus was originally published in Platypus.finance on Medium, where people are continuing the conversation by highlighting and responding to this story.

Categories: DEFI_NEWS