everFinance to Participate in the DODO Mini Booster Program, Kicking Off the WAR/ETH Liquidity Mining Campaign on August 11

Hello CommanDODOs,

everFinance (WAR) will be joining the DODO Mini Booster Program and kicking off a 2-week WAR/ETH liquidity mining campaign, where the pool’s liquidity providers will be rewarded with WAR tokens and DODO tokens.

The details are as follows:

Event Period

Campaign Start Block Number: 13004019 (approximately August 11th, 2021 at 9:00 PM UTC+8 (Singapore Time))

Campaign End Block Number: 13094967 (approximately August 25th, 2021 at 9:00 PM UTC+8 (Singapore Time))

How to Participate

During the campaign, users who add funds to the WAR/ETH liquidity pool on the DODO Ethereum (ETH) platform will receive DLP tokens, and by staking these DLP tokens users will receive WAR tokens and DODO tokens as liquidity mining rewards.

WAR/ETH Liquidity Pool Address: 0x6fd7c843cd747d7d29923d68473957921f60cd4c

Note: Market making and liquidity provision involve risk of loss and are not suitable for every user. The valuation and prices of token assets may fluctuate substantially, and, as a result, users may see profits that are below expectations, or even sustain losses.

A how-to guide to liquidity mining on DODO:

https://dodoexhelp.zendesk.com/hc/en-us/articles/900005558383-How-to-participate-in-liquidity-mining-on-DODO-

Rewards Distribution

DODO Tokens:

Normally, the mining rewards for the first week is $7,500 worth of DODO tokens. After the first week, DODO will continue to re-adjust the weekly reward value every Monday, based on the total trading volume from the previous week, and the maximum value for a week’s mining rewards could be as high as $45,000 worth of DODO tokens.

WAR Tokens:

everFinance is scheduled to release 500 ERC-20 WAR tokens (0.01066 WAR per block) every week, and a total of 1,000 WAR tokens are expected to be released over the course of the campaign.

WAR Token Contract Address: 0x4fadc7a98f2dc96510e42dd1a74141eeae0c1543

Determination of Weekly Rewards

As mentioned previously, the total reward value starting from the second week of the campaign could vary based on the trading volume from the previous week. The weekly reward value is determined by the following rules:

If the total trading volume of the current week is no greater than $5,000,000, the reward value for the next week will be capped at $7,500 worth of DODO tokens.

If the total trading volume of the current week is between $5,000,000 and $10,000,000, the reward value for the next week will be capped at $15,000 worth of DODO tokens.

If the total trading volume of the current week is between $10,000,000 and $15,000,000, the reward value for the next week will be capped at $30,000 worth of DODO tokens.

If the total trading volume of the current week is greater than or equal to $15,000,000, the reward cap for the next week will be capped at $45,000 worth of DODO tokens.

About everFinance

everFinance provides decentralized financial services for everyone, everywhere. It lowers the development barriers and enhances the users’ experience of Dapps using storage-based computation paradigm. With the genes of Storage-based Computation Paradigm, it can build decentralized applications that is similar to the traditional Internet experience. everPay is launched as a cross-chain payment and settlement protocol, providing real-time and low transaction fee token payment service for users and merchants.

These are the ONLY official links

Official website: https://ever.finance/
everPay: https://everpay.io/
Github: https://github.com/everFinance
Twitter: https://twitter.com/FinanceEver
Medium: https://medium.com/everfinance
Telegram:https://t.me/FinanceEver
Youtube: https://www.youtube.com/channel/UCTLF_dRczs6k956zS6b6JyQ

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