There is now yet another great reason to pool ALGO and xSOL on Humbleswap 😊 You can

a) pool ALGO & xSOL on Humbleswap to get a cut of transaction fees for ALGO/xSOL swaps;

b) submit the LP tokens to Algorand governance to get rewards on the ALGO in the pool.

c) farm the LP tokens on Humbleswap for additional XGLI rewards.

Not much time left before the governance sign-up deadline on the 21st!

https://twitter.com/HumbleDefi/status/1583085957884309505

Algorand governance runs for 3 months at a time. For the next governance period you have to register your ALGO or LP tokens by the end of the day (in UTC time) on the 21st i.e. tomorrow.

That's for b) of the a) b) c) I listed above. Register for governance and you get rewards in ALGO at the end of the 3-month period. You can still do a) pool and c) farm even if you don't do governance too. It's just that with governance as well you get additional rewards. And this is the first quarter in which you can use pooled and farmed tokens for governance as well.

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✨ About Glitter Finance || 關於 Glitter Finance✨

The vision of Glitter Finance is to increase capital efficiency between cross-chain bridges, by re-deploying synthetic assets created by the Glitter cross-chain bridge, into yield pools integrated into the Glitter Finance Platform.
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A cross-chain bridge bridging multiple L1 ecosystems including Algorand, Solana, Terra, Polygon and Cudos.
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Incorporating AI and machine learning in the Glitter Finance Platform will create an algorithmic trading platform, which will help novice traders.

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発佈人

Sook Jin GOH,
Community Manager 社群經理 @ Glitter Finance ,
Regional Ambassador for Malaysia 馬來西亞區域大使 @ Nutbox.io ,
CEO @ Nanyang Global Scientific Research Centre 南洋國際科研中心
Chinese Community Organizer 中文社區発起人 @ Hive Blockchain,