We are pleased to announce that Aragon will be entering the ANT liquidity reward space for the first time. Following other excellent DeFi projects such asSynthetix, a project that pioneered the concept of liquidity rewards), the Aragon Association decided to launch our own ANT liquidity rewards program.

A healthy ANT ecosystem requires a deep liquidity pool. Good liquidity means community members can take larger ANT positions with much less slippage. For many, Uniswap is the gateway to ANT, and it has consistently shown itself to be the most popular decentralized exchange (DEX) for members of the ANT community to trade ANT. We are happy to continue supporting Uniswap while increasing the depth of the ANT/ETH pool on Uniswap to strengthen ANT's liquidity.

Our ANT Liquidity Rewards Program will start on Wednesday, July 22nd at 3pm UTC and will end on August 21st at 3pm UTC. During these 30 days, we will allocate 50,000 ANT as a reward to liquidity providers of the ANT/ETH pool on Uniswap V2.

If this initiative is successful, we expect to see more Aragon liquidity rewards implemented on other protocols such asBalancerand other Aragon Network tokens such asANJ(Aragon Court Governance Token) andARA(validator tokens for our upcoming DAO-optimized blockchain - the Aragon Chain) We are particularly eager to test whether this rewards program can lead to deeper liquidity pools for ANT/ETH on Uniswap V2, and Deep Persistence.

how it works

Stake and get ANT liquidity rewards:

1. You must first submit aUniswap V2The ANT/ETH pool on the platform provides liquidity.

2. To provide liquidity, you will receive UNI-V2 (UNI) tokens, which represent your contribution to the liquidity pool. Providing liquidity is not enough, you have to complete the next step to get ANT rewards.

3. Accessliquidity.aragon.org, use the UNI tokens received in your wallet in the previous step, enter the amount of UNI you want to stake, and earn ANT rewards.

The specific distribution rules of rewards are as follows:

• ANT will be distributed based on the percentage of liquidity that each wallet contributes in the pool. Note: ANT owned by the Aragon Association in the liquidity pool is not included in the rewards program.

• The amount of ANT rewards paid out is proportional to the balance of each wallet and the time staked.
  

• Payment will be automatically executed at the end of the 30-day period.
  

• Although deposit staking is now open, rewards will start ticking on Wednesday, July 22 at 3pm UTC.

• by visitingANT Liquidity Rewards DashboardCome and participate in the rewards program.

About ANT

More informationMore information。

We hope to continue pushing the boundaries of DeFi through liquidity reward innovation. With the imminent launch of the testnet for the new blockchain for the DAO, the Aragon Chain, we expect to see more liquidity planned. Whether you are trading two ERC20 tokens on Ethereum, a synthetic equivalent on the Aragon chain, or moving back and forth between the Aragon chain and the Ethereum blockchain for transactions and gas savings, liquidity is what matters of.

proof of liquidityproof of liquidityTokens for governance and voting. In this system, voters first need to lock their tokens for a period of time while providing liquidity to gain voting rights. We will continue to explore this area in depth.

ARAGON

Aragon is the world's most prestigious DAO solution provider.

Currently, there are more than 1,400 DAOs created in Aragon, including the famous ones: Aave, Decentraland, Melon, Stake Capital, CurveDAO, rDAI, Commons Stack, LexDAO, PieDAO, etc.

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