Fixed Forex update.
08 Feb 2023, 17:26
👋 all,
Fixed Forex update;
- The return of incentives to $ibEUR pool pairs ($USDC & $sEUR) during the last epoch led to an increase in TVL (to almost $4m) on the pools, whilst maintaining peg on the pairs. Incentives will continue through the next epoch
- Added to the next epoch are the reintroduction of incentives to the $ibCHF, $ibGBP & $ibKRW pairs with Synthetix stables
EDIT; CHF, GBP & KRW are targeted to go live week of 20th Feb
New epoch goes live tmr
The AMM functionality remains closed, so the amount of FF assets that can enter the pools is limited to;
»»» ibXXX already in circulation
»»» new circulation through fee distribution OR;
»»» new borrowing from Iron Bank
To support sustainable growth of liquidity, the available supply of assets for borrowing has been adjusted (this impacts borrowing interest rates) and will continue to be monitored.
It continues to be a great opportunity for holders of sEUR along with sCHF, sGBP & sKRW to enter these pools & earn yield from CRV rewards + swap fees
Any wanna be LPers can enter liquidity either balanced or single-sided (remember to check current pool balance first)
Reminder for LPers ~ yield can be boosted by depositing LP tokens in Yearn vaults or on Convex
P.S. vKP3R fees will be distributed tomorrow
Same news in other sources
109 Feb 2023, 07:43
👋 everyone,
Fees have been distributed to vKP3Rs. This claim includes 180k from the OLM backlog
everyone,. Fees have been distributed to vKP3Rs. This claim includes 180k from the OLM backlog.
👋 everyone,
Fees have been distributed to vKP3Rs. This claim includes 180k from the OLM backlog