️Annoncement. Legacy farms on Sperax App will be deprecated.

12 Jul 2023, 10:55

❗️Annoncement Legacy farms on Sperax App will be deprecated. Please move your liquidity from pre-Demeter farms on Sperax App to farms on Sperax Demeter App. ===================== Hey SPArtans Sperax Demeter runs at full speed. Demeter protocol by Sperax helps other DAOs/protocols to foster liquidity on Arbitrum in a no-code way and launch the farms that can be seamlessly connected to Sperax’s gauge-and-bribe system. Twenty-one farms are currently live on the Demeter app accumulating TVL close to $3M on two DEXs. More DEXs and farms will be added soon. The connection of Demeter and Gauge makes liquidity mining more efficient: - for users (SPA stakers) who vote on SPA Gauge to get bribes from other protocols in their tokens on top of standard DEX rewards - for DAOs/protocols that can boost their liquidity mining efficiency 3-4x. ❗️ Thus, it is time to move all the liquidity to Demeter farms and to deprecate the legacy farms launched before Demeter. The effective date is August, 31st. Starting August 31, 2023: - Only Sperax Demeter farms will stay accessible from Demeter dApp - The legacy farm page will be removed from Sperax dApp. - The legacy farms will be accessible only from the relevant DEXes - A link to access unstaked positions on the deprecated legacy farms after August, 31 will be generated and shared with the community. Though, it is strongly recommended to move liquidity to Demeter before this date. If you still have liquidity staked on the old farms on Sperax app Farm, do the following steps before the end of August: 1. Go to the Legacy Sperax Farm page 2. Unstake your positions and remove your liquidity. 3. Go to the Demeter page 4. Create positions on the farms you like and stake Welcome to Sperax Demeter!