The cryptocurrency index community Index Coop will start the second round of 30-day liquidity mining on December 8
Rhythm BlockBeats news, on December 6, the cryptocurrency index community Index Cooperative (Index or Index Coop) issued a document announcing that after community voting, the liquidity mining of the governance token INDEX will be extended for 30 days, This means that the first round of liquidity mining activities that ended on December 7 will continue to start the second round of mining.
It is understood that a new round of liquidity mining will be held at 12:00 pm on December 7 (PDT), that is, Beijing The time starts at 4:00 am on December 8, and ends at 12:00 pm (PDT) on January 7, 2021, that is, it ends at 4:00 am on January 8, 2021, Beijing time.
In this round of mining, the pool size of the DPI/ETH trading pair in Uniswap is 30 million US dollars (15 million million ETH and $15 million DPI) with a target APY of 30%. Users who are participating in liquidity mining need to use tools to migrate DPI/ETH Uniswap LP tokens before continuing the second round of mining. The total number of tokens mined this time is 115,920, accounting for 1.15% of the total supply .
According to Rhythm’s previous report, Index Coop was established by the decentralized asset management agreement Set Protocol in established this October.
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