Rewards for participating in PerlinX
PerlinX provides incentives to liquidity providers who provide liquidity to pools set up by PerlinX.
On PerlinX, you can earn 3 different types of reward. Some of the rewards require users to provide liquidity into our pools at PerlinX by staking in the pools. Here's the guide to provide liquidity at PerlinX.
There is no lock-up period in PerlinX, liquidity providers can withdraw or unstake their capital at any time.
To be eligible for PERL rewards, users will need to provide liquidity into our pools at PerlinX by staking in the pools.
Rewards will be airdropped to liquidity provider's wallet weekly.
To be eligible for BAL rewards, users will need to provide liquidity into our pools at PerlinX by staking in the pools.
UMA reward is distributed in the form of UMA's Developer Mining program. 50k UMA is allocated to be distributed among all whitelisted synthetic asset minters weekly. This reward is distributed pro-rata to the across all value minted. PxAsset minters will share a portion.
All UMA rewards going to PerlinX will be fully passed on to minters for the first 4 weeks (Nov 10 to Dec 7, 2020). We may require participants to participate in UMA governance to receive the full amount on the 5th week onwards.
Rewards will be airdropped to minter's (token sponsor's) wallet weekly.