HUBABUBA: Farming & Everyday Raffles

  1. Farming
  2. Everyday raffles

Farming

Farming is a special program to reward liquidity providers with extra incentives, in addition to regular swap fees they already get (0.2% per each).

Terms

  • Pool for farming: HUBABUBA-HUB
  • When: from May 10, 2021 till May 10, 2022
  • Daily returns: 1% of the liquidity provided (calculated in BIP)
  • Rewards are paid out in the HUBABUBA token
  • Snapshots of providers will be taken on a daily basis at a random time
  • Rewards will be distributed in multi-send transactions on a daily basis at a random time

Everyday Raffles

Terms

  • When: from May 30, 2021 till May 30, 2022
  • Participants: the top 100 liquidity providers of the HUBABUBA-HUB pool
  • Daily prize: 1% of the pool’s total liquidity, paid out in the HUBABUBA token
  • No. of daily winners: 1
  • Snapshots of providers will be taken on a daily basis at a random time
  • Rewards will be distributed on a daily basis at a random time

About Liquidity Pools

A liquidity pool is a trading pair of coins/tokens with locked-up funds of liquidity providers that ensure swappability. Buying or selling through a liquidity pool, a trader uses funds that have been locked into it.

Buy HUBABUBA

To buy HUBABUBA, go to the Minter Console’s “Swap” section:

About Providing Liquidity

To take part in the farming program and everyday raffles, you need to supply liquidity to the HUBABUBA-HUB pool. You can do that via the section “Pools” in Minter Console:

Useful Links

BipLenta’s guide to liquidity pools

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