Uniswap is a fully decentralized protocol for automated liquidity provision and trading on Ethereum. Liquidity providers automatically get a 0.3% fee generated by Uniswap trades on the trading pairs they provide liquidity to. We are going to sweeten the deal even more with our new BEPRO Uniswap Rewards Program.
Uniswap's volume has been exploding in recent months, and it has even overtaken Coinbase in volume. The overall market sentiment towards DEXes has really shifted in favor of on-chain swaps, liquidity provision, and exchange. DeFi shows no signs of slowing down, and we anticipate that this is just the beginning. So for this we are providing incentives to our community of BEPRO holders to add on-chain liquidity on Uniswap.
BetProtocol will provide a prize pool of five-million $BEPRO tokens each month, to be shared with the top liquidity providers on Uniswap for the BEPRO/ETH market found here:
You can earn a portion of this monthly five-million BEPRO prize pool depending on how much you contribute to the pool. All you have to do to qualify is make sure your BEPRO tokens are held in the Uniswap pool for at least 30 days, and whitelist your address. The rewards program is automatically renewed on a monthly basis unless said otherwise.
It’s very simple. Just provide liquidity on the BEPRO/ETH liquidity pool on Uniswap V2, here. Rewards will be automatically paid out each month, depending on how much liquidity you provide vs. other liquidity providers. In general, the more overall percentage of the liquidity in the pool you provide the more overall rewards you'll get. Please check the Disclaimers section.
If you’re not sure about how a liquidity pool works, check this guide.
How are Payouts Calculated?
1. To qualify you need to put at least 1 ETH + 1 ETH in BEPRO liquidity
2. Each qualifying liquidity add is only eligible for rewards 30 days after they are added
3. Each qualifier splits the reward pool among all qualifiers evenly by percentage of the pool.
4. If you remove liquidity at any point, your previous liquidity is disqualified and you must wait 30 days from the next time you add qualifying liquidity to qualify for rewards (this is to prevent paying out to people who rug pull)
5. Basically we take any qualifying LPs at the end of each period and split up the pool among them.
6. The first payout is delayed by 2 weeks to allow for a small grace period for people to unbond their staked tokens from exchanges and migrate them. Beyond that it'll payout each 30 days.
Uniswap is one of the most trusted decentralised exchange and liquidity protocols in the world. Check out their own FAQ right here.
Prizes are sent to whitelisted addresses every 30 days.
BetProtocol enables you to create and manage online gaming platforms with no coding required. Thanks to BetProtocol’s blockchain technology, these platforms are secure, scalable and regulatory compliant. No need for expensive developer teams. We provide a fully customisable white label solution for crypto-enabled online casinos, Esports betting apps, sports books, slots, and more.
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