Gather GTH: LP Program Starts
We’re thrilled to announce the launch of our GTH Liquidity Providers Incentive Program. Deep & healthy liquidity on the $GTH token, is the key of our ecosystem, firmly supporting our community members and clients. This Incentive Program will reward our liquidity providers on ETH trading pair on Uniswap.
1) When you add liquidity for the GTH-ETH pair on Uniswap using this link: https://app.uniswap.org/#/add/ETH/0xc3771d47e2ab5a519e2917e61e23078d0c05ed7f , you will receive new LP tokens for this pool in return.
2) By adding liquidity you'll earn 0.3% of all trades on this pair proportional to your share of the pool. Fees are added to the pool, accrue in real time and can be claimed by withdrawing your liquidity.
3) Once you have your LP tokens at hand, you do not need to do anything else. Gather team will track which addresses hold the LP tokens and you will be directly entitled to receiving a share of 40,000 GTH daily reward pool proportional to your pool contribution.
4) Rewards will be sent at the end of each 7 days.
5) You can add or remove your liquidity from the GTH-ETH pool anytime, you will only be rewarded for the duration you have contributed based on the LP tokens you have at hand
The APY (Annual Percentage Yield) below will only show the APY linked with the Gather rewards, it excludes the amount you earn on Uniswap itself ("article 2" mentioned above). The APY shown is not static, and updates in real time.The program starts on October 30, 2020 9:00am EST.