Izumi will be deployed on Polygon to support Uniswap V3 Liquidity Mining
We’re excited to announce that izumi will be deployed on the Polygon scaling network, on Jan 17th 10pm (UTC-5), to support Uniswap V3 Liquidity Mining on Polygon. Users can simply switch to Polygon from the network selector to use izumi’s LiquidBox there and enjoy low-gas environment of the Polygon chain.
Note:
The polygon iZi token address: 0x60D01EC2D5E98Ac51C8B4cF84DfCCE98D527c747
Pool address for trading pair iZi/WETH on Uniswap V3@Polygon: https://bit.ly/34RV8bt
The cross-chain ERC-Polygon transfer of iZi token can be conducted on Jan 17th 7pm (UTC -5) at BoringDAO’s address: https://oportal.boringdao.com/twoway
Izumi’s LiquidBox will launch new joint liquidity Mining program USDT/USDC Pool on Polygon with Yin Finance on Jan 17th 10pm (UTC-5). The farming rewards will be $iZi+$YIN+ transaction fee, In total 720,000 $iZi & 90,000 $Yin will be provided for the pool and last for the first cycle. Provide liquidity to earn extra Rewards!
After the launch of USDT/USDC pool, izumi is planning on continually launching more pools such as iZi/WETH and joint liquidity mining program pools, please stay tuned for our official announcements.
If you are new to izumi LiquidBox’s fixed-range and one-sided liquidity Mining, please refer to here for detailed info.
Polygon is only the first step. Izumi’s team is also planning to deploy on more layer-2 and pubic blockchains to enbale multi-chain “Programable Liquidity as a Serivce” for any blockchain project. Please stay tuned for upcoming announcements!
About izumi Finance
izumi Finance is the first protocol to support Uniswap V3 “non-homogeneous” liquidity mining and extend concentrated liquidity service for multi-chains. izumi provides “Liquidity as a Service” (LaaS) based on Uniswap V3, with innovatively designed liquidity mining modules of “Concentrated liquidity mining” model for stable assets with a fixed price and “One-sided non-impermanent loss Mining” model for non-stable tokens. These structured models would support any blockchain project to better implement liquidity incentives with much higher capital efficiency and enable liquidity providers to earn extra rewards.