WKND Rewards for Liquidity Providers
The WKND is here. Now it’s time to keep the good times rolling.
There is no formal infrastructure built out to support WKND liquidity farming. However, the 48 hour WKND trading timeframe acts nicely as “cycles” for various snapshots. By snapshotting and tracking Liquidity Providers each, it’s quite feasible to manually reward LPs who do their part each WKND.
Provide Liquidity, Support WKND, Earn for your Efforts
Starting next weekend, a snapshot will be taken at the beginning and end of each active trading period. All addresses who provide liquidity for the entire duration of the weekend will receive a split of the WKND pot in proportion to their amount staked. The initial liquidity that is locked from the sale is not eligible for these rewards.
In order to participate, Simply add liquidity to the Uniswap WKND-ETH pairing. Make sure you get your liquidity in before the weekend is up, because, well… you know.
WKND allocations will be airdropped at the start of the next weekend for each recipient. 4,800 WKND will be allocated across four weeks as follows:
- 1,400 WKND
- 1,000 WKND
- 1,000 WKND
- 1,400 WKND
LP rewards (plus on-going contest rewards) are allocated through the WKND airdrop claims to the JEFF treasury holdings. There is no mint function to increase the supply.
