The Kyber Network is set to float a $30 million liquidity mining program on both Ethereum and Polygon pools.
Decentralized finance (DeFi) liquidity hub Kyber Network (KNC) is set to become the next DeFi protocol to enter the expanding Polygon (MATIC) ecosystem.In a statement issued on Wednesday, Kyber announced the launch of Rainmaker — a liquidity mining program on the platform’s Dynamic Market Maker protocol that will commence on June 30 to mark Kyber’s expansion to Polygon.According to the announcement, the Rainmaker program will distribute $30 million in rewards to liquidity providers on the Kyber DMM across both Polygon and Ethereum.Of the total reward pool, 12.6 million KNC tokens (about $25 million) will be distributed to liquidity providers on selected Ethereum-based amplified pools. The remaining 2.52 million KNC ($5 million) will be for LPs on Polygon-based amplified pools.These rewards be will in the form of
ApeCoin Price Prediction: APE’s Stellar Performance – A Hint to Consider yPredict?
ApeCoin (APE) price escaped a two-week-long downtrend on August 3, soaring 5.8% above the $1.85 support level. However,…
