DeFi Warrior NFT game and Kyber Collaborate to Optimize Liquidity for the $FIWA Token
DeFi Warrior has chosen the highly capital efficient KyberDMM DEX for its token liquidity on BSC, with $300,000 in $FIWA and $KNC liquidity mining rewards.
As of September 1, Binance Smart Chain (BSC) users now have another DEX to choose from — KyberDMM, which brings both capital efficiency and optimized returns to BSC liquidity providers and token traders. To kick off this macro initiative to bootstrap the liquidity and adoption of KyberDMM in the BSC ecosystem; KyberDMM launched a two-month long liquidity mining campaign on BSC, with $4M in rewards to incentivize strategic pools that are foundational to both trading and Dapp usage on BSC.
As part of this strategic initiative, the Kyber Network community and KyberDAO have been voting on promising projects on BSC to increase both the number and liquidity of key token-pair pools on KyberDMM as well as incentivize them with attractive yield. With the passing of KIP-16, these joint initiatives with key projects continue with the launch of a joint liquidity mining campaign with DeFi Warrior NFT game — the first Crypto Character and Crypto Galaxy Game — with the new addition of its FIWA-USDT pool.
Starting on September 20 at 20:00 GMT+8 (08:00 EDT), liquidity providers can add any amount of liquidity to the FIWA-USDT pool on KyberDMM on BSC to unlock their share of the $300,000 in $FIWA and $KNC liquidity mining rewards over the next two months. $FIWA tokens are the main token of the DeFi warrior ecosystem, and are required for trading on DeFi Warrior’s NFT marketplace; while $KNC rewards can be added into the KNC/BNB pool for extra liquidity mining incentives, or staked on KyberDAO for additional KNC rewards.
Important Details
Start: 11078400 (~Mon Sep 20 2021 19:57:35 GMT+0800)
End: 12806400 (~Fri Nov 19 2021 19:57:53 GMT+0800)
- Reward: ~$300,000 in KNC and FIWA
- Campaign Duration: ~2 months
- Vesting: ~14 days
- KNC token address (BSC): 0xfe56d5892bdffc7bf58f2e84be1b2c32d21c308b
- FIWA token address: 0x633237C6FA30FAe46Cc5bB22014DA30e50a718cC
How to Farm $KNC and $FIWA
- Visit KyberDMM
- Switch Network from Ethereum to BSC
- Visit the Pools page and add liquidity for the eligible FIWA-USDT pool (you will receive LP tokens representing your pool share)
- Go to the Yield page and stake your LP tokens on the FIWA-USDT farm. You will start receiving KNC and FIWA rewards, which can be harvested anytime.
- Claim all harvested and unlocked rewards after 14 days (14-day vesting starts each time you harvest rewards).
About Defi Warrior
DeFi Warrior is a DeFi x NFT Play2earn Blockchain game with a fascinating crypto galaxy game story. While NFT games are trending globally, DeFi Warrior stands out with its combination of both DeFi and NFT’s in-game, along with the story of the crypto world in miniature.
In DeFi Warrior, each blockchain is a planet, and each piece of crypto takes form as a warrior. The planet is also the place where warriors can build their coin mining factory, and fight against bosses or enemies for rewards.
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About Kyber Network
Kyber Network aims to deliver a sustainable liquidity infrastructure for DeFi. As a liquidity hub, Kyber connects liquidity from various protocols and sources (e.g. KyberDMM) to provide the best token rates to takers such as Dapps, aggregators, DeFi platforms, and traders.
Through Kyber, anyone can contribute or access liquidity, and developers can build innovative applications, including token swap services, decentralized payments, and financial Dapps — helping to build a world where any token is usable anywhere.
Kyber is powering more than 100 integrated projects and has facilitated over US$6 billion worth of transactions for thousands of users since its inception.
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