LCX Uniswap v3 Liquidity Program Review and Reward Distribution
za LCX Team · July 5, 2021
We are happy to announce our token reward distribution of our very popular Uniswap v3 Liquidity Program, with 500,000 LCX allocated to our whitelisted Liquidity Providers.
As of reminder here are the eligibility criteria who were eligible to participate in:-
- Only whitelisted address are eligible, whitelist your address by clicking this link
- To qualify you need to provide at least 1 ETH of liquidity, plus at least 95,000 LCX tokens.
- We will track the Liquidity NFT token created by the user’s address. To qualify you need to hold the liquidity for a min. of 20 days out of the 30 days qualifying period.
- To qualify the liquidity needs to be defined in an active price range. The Price Range needs to be chosen in a way to deposit at least 1 ETH and at least 95,000 LCX Token.
- Each qualifier splits the reward pool among all qualifiers evenly by percentage of the pool.
- The qualifying period is May 29th to June 29th 2021. If you remove liquidity at any point during the qualifying period, your liquidity is disqualified from the benefits of this program.
Basically, we take any qualifying Liquidity Providers at the end of the period and split up the pool among them.
We are sorry for those participants who took part and still didn’t get any rewards. This happened because at any certain time your provided liquidity must have gone below 1 ETH or plus 1 ETH worth of LCX tokens.
Soon a personalized email will be sent to every participant, regarding the following Information:
- Date from which they have started providing liquidity.
- Eligible qualifiers payouts.
- Not eligible participants analytics when they went below 1 ETH or plus 1 ETH worth of LCX tokens while providing liquidity.
This content is provided for informational purposes only and does not constitute financial, legal, or investment advice. The buying, selling, and trading of cryptocurrencies and digital assets involve significant risk and may result in the loss of your entire investment. Always conduct your research and consult a qualified advisor before making financial decisions. LCX is a regulated entity operating in accordance with the Liechtenstein Blockchain Act. It has approvals for roles including token generator, token issuer, and exchange service provider. LCX provides technology and compliance infrastructure for digital asset services.