New joint liquidity mining program with Wirex
The program will kick off on May 7, featuring the 1INCH-WXT pool.
1inch’s liquidity programs continue to attract users by lucrative rewards, and we are happy to announce the 1inch Foundation’s decision to launch a new one in collaboration with Wirex.
The liquidity mining program with Wirex is to be launched at 8 pm UTC on May 7 and will run for 8 weeks.
Under the new program, an equivalent of $2.5 mln in 1INCH tokens together with an equivalent of $2.5 mln in WXT will be distributed among providers of liquidity to the 1INCH-WXT pool.
Wirex issues a payment card that makes crypto and traditional currencies equal. Users can take advantage of real-time point-of-sale conversion, zero exchange fees and up to 2% cryptocurrency rewards on all spending.
1inch’s previous liquidity mining programs, including those with Opium, DigiByte, Vesper and StakeWise, have been vastly popular with users, bringing them lucrative rewards and helping bootstrap the respective projects.
More liquidity mining programs are coming! Stay tuned!
Recent Posts
How to use 1inch Wallet: a step-by-step guide
Get started with self-custody in minutes. Learn how to create a wallet, manage assets and interact with DeFi - all in one place.
What is the CLARITY Act?
The CLARITY Act could give US crypto its clearest rulebook yet. The bill aims to define who oversees digital assets, how crypto businesses must operate and what protections consumers should expect.
RWA trade sizes near-doubles
In April, the average RWA swap size on 1inch rose by roughly 91%, pointing to larger on-chain capital allocation.