Rhythblockbeats news, decentralized autonomous organization Aragon released on July 22 to announce the launch of its Scrip ANT liquidity award. The ANT Liquidity Incentive program will begin on July 22 at 3pm UTC. During the 30-day period, 50,000 ANT will be distributed as an incentive to liquidity providers of ANT/ETH pools on Uniswap V2 until 3pm on August 21 (23pm Beijing time on August 21).
Previously, users could buy ANT tokens through Uniswap, and it has long been the most popular DEX for ANT community members to trade. Users can still buy ANT on Uniswap and deepen ANT's liquidity by adding depth to the ANT/ETH pool on Uniswap.
If the 30-day trial is successful, the community hopes that more Aragon liquidity incentive programs will be implemented through other protocols. Balancer and other Aragon network tokens, such as ANJ (work token of Aragon Court) and ARA (verification node token of Aragon Chain). The Aragon autonomous community was particularly keen to test whether the reward program would lead to ANT/ETH on Uniswap V2 for deeper liquidity pools, as well as deep durability.
How to Get a Reward
1. The ETH/ANT pool on Uniswap V2 must first be provided with liquidity.
2. To provide liquidity, users will receive UNI-V2 (UNI) tokens representing your contributions to the pool. Simply providing liquidity won't help users win ANT rewards, users need to complete the next step to get the rewards.
3. Visit Liquidity.aragon.org, put one last step of UNI tokens in your wallet and enter the number of UNI tokens you want to mortgage to get an ANT bonus.
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ANT will allocate each wallet based on its proportion of liquidity in the pool.The rewards ANT pays are proportional to the balance of each wallet and the time spent. Payment will be made automatically at the end of the 30-day period. Deposits are now open. Users can participate in the incentive program by accessing the ANT Mobility Incentive dashboard.
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About the ANT
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ANT is the native currency of The Aragon network. ANT's working token for backing up private network services is also the governance token for managing the entire network.
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