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#BAS DEVELOPER NEWS DESK — 2021-05-08

Basis Cash X DODO


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).

Buy BASv2: https://app.uniswap.org/#/swap?outputCurrency=0x106538CC16F938776c7c180186975BCA23875287

Buy DODO: https://app.dodoex.io/exchange/ETH-DODO?network=mainnet

  • Navigate to the BASv2-DODO pool and connect your wallet.

https://app.dodoex.io/pool/list/0xb90929286d929e4aaf060364d5b584841bcd934e

  • Click on ‘Edit Liquidity’ to be taken to the LP inteface
  • Select DODO and BASv2 as in the Input Tokens and Add Liquidity

Guide here:
How to participate in liquidity mining on DODO? — DODO (zendesk.com)


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.



Source     #BAS Price


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