Polkadot is putting serious capital behind growing $DOT liquidity beyond it’s ecosystem with its most decentralized and sophisticated bridge, @hyperbridge .
@Polkadot DAO has allocated about $3M to a 12-month liquidity campaign to incentivise $DOT liquidity across Arbitrum, Base, BNB Chain and Ethereum.
Liquidity providers will get 15% extra on the $DOT they add to the pools and 2% extra on the $ETH. This is in addition to the swap fees they'd be earning from Uniswap through Bunni and the extra yields from rehypothecation.
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Polkadot DeFi Singularity is live 🎉!
The era of DOT being unattractive to the broader Web3 ecosystem is now in the past. Juicy rewards await liquidity providers on Arbitrum, Base, BNB and Ethereum, with up to 29% APY.
These rewards are limited though, so you need to act fast.
See details about the pools here:
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