$GTH Liquidity Providers Incentive Program on Binance Smart Chain Goes Live Next Week!
Following the December 12th Ascendex Hack & recent developments of the last weeks, as an addition to our existing Liquidity Pool on Uniswap, we’re also starting a new $GTH Liquidity Providers Incentive Program on Binance Smart Chain which will be live on PancakeSwap next week.
Deep & healthy liquidity on the $GTH token is the key to our ecosystem, firmly supporting our community members and clients. This Incentive Program will reward our liquidity providers on GTH (BEP20) — BNB trading pair on PancakeSwap.
BSC LP Pool Details:
23,000 $GTH (BEP20) / day proportional to your pool contribution.
With the BSC liquidity program coming live, existing Uniswap LP rewards (28,000 $GTH / day) will be reduced to 20,000 $GTH (ERC20)/ day.
We expect deeper liquidity with a new audience and with healthy distribution between these two networks eventually where Gather will be rewarding 43,000 $GTH / day in total to incentivize liquidity providers.
GTH BEP20 token contract and the new liquidity pool on PancakeSwap will be live next week. Stay tuned for our announcements.
Information About Providing Liquidity on PancakeSwap:
By adding liquidity to PancakeSwap you’ll earn 0.17% of all trades on the pair proportional to your share of the pool. Fees are added to the pool, accrue in real-time, and can be claimed by withdrawing your liquidity.
Once you have your LP tokens at hand, you don’t need to do anything else. Gather Team will track the addresses that hold the LP tokens and you will be directly entitled to receiving a share of the 23,000 GTH daily reward pool, proportional to your pool contribution.
Rewards will be sent at the end of each 7 days. (Every Monday)
You can add or remove your liquidity from the GTH-BNB pool anytime, you will only be rewarded for the duration you have contributed based on the LP tokens you currently have.