We’re excited to announce the launch of our limited-time yield farm program, "Accelerated Yield." For a limited time, users will be able to earn boosted yield farming rewards by using the Genius Yield #DEX .
From January 15th to February 15th, we will be rewarding traders based on how much they utilize our DEX. Remember, for orders placed on our DEX, your ADA stays delegated to your stake pool, and you retain your voting rights in Catalyst.
The program has Two Tiers:
Tier 1: 50,000 $GENS per week split among all traders on our DEX proportional to filled $ADA volume.
Tier 2: For power users . If you traded at least 12,000 ADA in filled trades in each promotional weekly period, you will receive an additional 20% of DEX fees. Note that if you are staking $GENS, you are already eligible to receive 20% of DEX fees, meaning these users will be getting 40% of the DEX fees! 🚀
Who is Eligible?
Tier 1: Anyone who placed an order on the Genius Yield’s DEX that was partially or completely filled during the promotional period.
Tier 2: Anyone who traded at least 12,000 ADA in filled trades in each promotional week and had at least 100 $GENS locked in the Genius Yield Staking Program by the end of each promotional week.
Find the App here: https://app.geniusyield.co
How will I collect my rewards?
You will be able to claim the rewards at the Genius Yield app with the wallet address that conducted the trades. Rewards will be available for claiming every week, starting at the end of January/beginning of February 2024. The exact date will be announced soon!
When will Accelerated Yield rewards start?
The program starts on January 15th, 2024, 12:00 UTC, and will end on February 12th, 2024, 11:59 UTC. During this period, rewards will be accrued to all eligible traders.
Happy trading !!
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