News from the BAS Coin Development team on May 8, 2021
BASv2-DODO Pool Is Live! Rewards Start at 0200 UTC 5/8
We are excited to announce a collaboration with DODO to grow the reach of Basis Cash and promote future joint initiatives!
DODO is a liquidity protocol powered by the Proactive Market Maker (PMM) algorithm and built for capital efficiency. Their contract-fillable liquidity is comparable to centralized exchanges (CEXs).
Basis Cash is joining the DODO Booster Program with a BASv2-DODO pool!
LPs will earn generous rewards starting at 0200 UTC on 5/8.
The first rewards program will last for 4 weeks:
Week 1
$22500 of DODO + $7500 of BASv2
Weeks 2–4
Weekly Rewards will be determined based on the trading volume in the prior week:
Less than $5M: $7,500 DODO + $7,500 BASv2
$5M-$10M: $15,000 DODO + $7,500 BASv2
$10M-$15M: $30,000 DODO + $7,500 BASv2
Above $15M: $45,000 DODO + $7,500 BASv2
Adding Liquidity on DODO
You will need BASv2 and DODO tokens in equal proportions (50–50).
Basis Cash X DODO was originally published in Basis Cash on Medium, where people are continuing the conversation by highlighting and responding to this story.