Introducing Co-Farm with ALEX. With Co-Farming you will be given the option of taking the unlocked LP tokens to.
09 Jun 2022, 04:41
Introducing Co-Farm with ALEX 🥳
With Co-Farming you will be given the option of taking the unlocked LP tokens to 👇
1️⃣ The $ALEX portion of the LP Token will be delivered in an equivalent amount of AutoALEX to your wallet.
2️⃣ The STX portion of the LP Token will be entered into the STX/ALEX farm, meaning you only provide STX liquidity for 32 cycles.
3️⃣ The ALEX Foundation will provide the $ALEX portion of the STX/ALEX pair.
4️⃣ You will be rewarded the APR of the STX/ALEX yield farm.
5️⃣ Most importantly, the ALEX Foundation will cover all impermanent loss.
The remaining half of the STX/ALEX farm reward goes to ALEX Foundation and will be burned (pending a community vote of approval) 🔥
Example 👉 If you commit 100 STX then you will receive the STX/ALEX reward every cycle. At the end of 32 cycles, 100 STX will be returned to your wallet.
Full details here 👉
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