SPArtans and Plutons. plsSPA/SPA pool is live and rewards will be live sooon.
07 Nov 2022, 22:03
SPArtans and Plutons! plsSPA/SPA pool is live and rewards will be live sooon!
The Sperax Foundation has committed to seeding the plsSPA/SPA pool with 10M plsSPA and 10M SPA as a gesture to the PlutusDAO and Sperax communities. The Sperax Foundation will not stake the LP to ensure that the communities reap maximum rewards from their positions.
Rewards for the pool begin on Wednesday the 9th of November at 00:00 UTC. This is to ensure that everyone has an opportunity to add liquidity and prepare for receiving their share of staking rewards. The pool will be incentivized with 40,380 PLS tokens for the first month. For the rest of the emissions schedule, please visit the PlutusDAO docs:
How do I LP and Stake the plsSPA/SPA pool to get max rewards? š
1) Convert SPA to plsSPA -
2) Bring SPA and plsSPA to SushiSwap pool -
3) Confirm transactions (Approve SPA and plsSPA transaction and LP pool)
4) Stake plsSPA-SPA LP -
Important links for reference below:ā
Add liquidity to the plsSPA/SPA LP pool:
Swap plsSPA for SPA here:
If the tokens do not populate when clicking the links above, token addresses can be added manually. Token addresses:
ā”ļø plsSPA Contract Address: 0x0D111e482146fE9aC9cA3A65D92E65610BBC1Ba6
ā”ļø SPA Contract Address: 0x5575552988A3A80504bBaeB1311674fCFd40aD4B
To gain a better understanding of the design and thinking behind how liquidity works on PlutusDAO, please visit the article below dedicated to explaining the PlutusDAO plsAsset pools.
PlutusDAO has a great community that is willing to help answer questions, please feel free to ask questions in their Discord -