Weekly Lazy River Rewards. It's pay day. $PERP tokens have been distributed to vePERP holders. Claim your rewards here.
15 Dec 2022, 09:11
📢 Weekly Lazy River Rewards
🤩 It's pay day!
$PERP tokens have been distributed to vePERP holders.
Claim your rewards here 👇
PS: Stay tuned for an update on the Lazy River specs with the imminent launch of fee sharing 👀💫
Same news in other sources
1
15 Dec 2022, 13:31
🎉 Fee sharing is here!
We are excited to announce the launch of USDC fee sharing aka Lazy River 2.0
Lock your $PERP for real yield🔒💸
With the launch of Lazy River 2.0, a portion of the protocol's revenue generated from trading fees will be distributed to all vePERP holders once the insurance fund threshold is hit and the protocol revenue is positive.
The insurance fund surplus will then be distributed
🔹75% to vePERP holders
🔹25% to DAO treasury
To earn real yield 🧑🌾🌾
🔒 Lock PERP at token.perp.com for at least 2 weeks
🔒 Lock PERP before each snapshot on Thursdays (00:00 UTC) to be eligible for the following week’s distribution
💫 Additional $PERP Rewards
On top of that, an amount equal to 10% of total trading fees will be distributed to vePERP holders in the form of locked PERP!
Ready, Set, Lock 🔒
More details about Lazy River 2.0👇
Fee sharing is here. We are excited to announce the launch of USDC fee sharing aka Lazy River 2. Lock your $PERP for real yield.
🎉 Fee sharing is here!
We are excited to announce the launch of USDC fee sharing aka Lazy River 2.0
Lock your $PERP for real yield🔒💸
With the launch of Lazy River 2.0, a portion of the protocol's revenue generated from trading fees will be distributed to all vePERP holders once the insurance fund threshold is hit and the protocol revenue is positive.
The insurance fund surplus will then be distributed
🔹75% to vePERP holders
🔹25% to DAO treasury
To earn real yield 🧑🌾🌾
🔒 Lock PERP at token.perp.com for at least 2 weeks
🔒 Lock PERP before each snapshot on Thursdays (00:00 UTC) to be eligible for the following week’s distribution
💫 Additional $PERP Rewards
On top of that, an amount equal to 10% of total trading fees will be distributed to vePERP holders in the form of locked PERP!
Ready, Set, Lock 🔒
More details about Lazy River 2.0👇
https://perpprotocol.mirror.xyz/q9govjXM188McbXniVAFvHtsd4jTWF-C1djmJCLWIlY