Concentrating on Love (Rewards)
New rewards rates are going live today- Friday, October 1, 2021! In order to lift the value of Love, we will be removing our stablecoin rewards pairs and focusing on Love rewards pairs.
We noticed that despite the relatively high liquidity in our stablecoin pairs, the total trade volume in those pools was the weakest in our DEX. With this move, we anticipate liquidity to shift to our other pools experiencing higher trade volume and for more Love to be rewarded to Love-paired liquidity providers.
The new rates for Love Boat’s rewards pools are:
LOVE-USDC: 800
LOVE-MATIC: 560
LOVE-WETH: 560
LOVE-DAI: 140
LOVE-USDT: 140
USDC-WETH: 70
LOVE-LINK: 52
LOVE-GHST: 52
LOVE-AAVE: 52
LOVE-renDOGE: 52
LOVE-GRT: 52
MATIC-WETH: 35
WBTC-WETH: 35
LOVE-KOM: 25
MATIC-QUICK: 7