1) 150k Liquidity Mining + Staking Program
Last week, we announced Blockzero Labs would be offering 100,000 $FLASH to users who migrate to FLASH v2 through a Flash Liquidity Mining + Staking program.
Today, we are announcing that Blockzero Labs is putting up an additional 50,000 $XIO in celebration of the v2 migration. This means there will be 100,000 $FLASH + 50,000 $XIO up for grabs within the first month of migration. Here is how to participate:
For each day you are staked or adding liquidity, you will earn Flash Credits. The Credits you earn are redeemable for $FLASH + $XIO at the end of the month, proportional to your ownership of the credits. Here’s an example:
If there are 1,000,000 Credits earned by all Flashers and you earned 50,000 Credits, you account for 5% of the total credits. You would receive 5,000 $FLASH (5% of 100,000) + 2,500 $XIO (5% of 50,000) at the end of thirty days.
To earn Flash Credits, you can do one of the three following things.
- 1.25x Multiplier: Users who have an active stake on v1 and/or users who Flashstake for a minimum of 30 days on v2
- 2x Multiplier: Users who add ETH/FLASH liquidity to the Flash v2 Uniswap pool
- 4x Multiplier: Users who add ETH/FLASH liquidity to Flashstake.io
A daily snapshot will be taken of all holders. After one month, users will be able to redeem their earned $FLASH + $XIO from our Claims dApp.