Ensuring a healthy and vibrant ecosystem requires creating the right incentives and conditions to all parties — in Exeedme that means gamers, developers, gaming communities, stakers, holders and last but clearly not least, Liquidity Providers. As such, we are excited to announce that we are launching our Uniswap Liquidity Program with 50,000 XED in monthly rewards for Uniswap liquidity providers. The liquidity program is going to be launched today, January 29th.
These monthly rewards are paid in XED to every liquidity provider that locks ETH and XED on Uniswap for at least 30 days. These rewards are in addition to the normal 0.3% fee liquidity providers automatically get from Uniswap trades on the trading pairs they provide liquidity to.
Since we announced the rewards program on the 29th January, Liquidity Providers had only some hours to enroll in the program to be eligible to get February rewards. As such we decided to reduce the locking period of 30 days for this first month,and all LPs that provide liquidity until 10th February and fulfill all the other eligibility conditions, will be eligible ro receive their share of rewards by the end of February.
In order to participate, you just have to whitelist your address and add liquidity to Exeedme’s Uniswap trading pair. The rewards program is automatically renewed on a monthly basis unless said otherwise.
Update on NFT Utility :
Liquidity Program NFTs Multiplier
For every wallet address that holds our gold medal, make sure it is real by confirming it was created by the address 0xe99bb0d4815f2a99341341c46502074b45dfd184.
If you own one it will act as a 2x booster of the Liquidity Provided on Uniswap for the Liquidity Rewards Program. In essence your NFT will work as 2x multiplier in the LP allocation. If you were not one of the lucky ones that won the Beta Tournament you can always go to Rarible or Opensea and try to bid for one of the existing medals.
Once you own it make sure you transfer it to the same wallet you are providing liquidity on Uniswap.
How to be eligible?
- To qualify you need to provide at least 1 ETH of liquidity, plus 1 ETH worth of XED tokens.
- Each qualifying liquidity add is only eligible for rewards 30 days after they are added.
- Each qualifier splits the reward pool among all qualifiers evenly by percentage of the pool.
- If you remove liquidity at any point, your previous liquidity is disqualified and you must wait 30 days from the next time you add qualifying liquidity to qualify for rewards (this is to prevent paying out to people who rug pull)
- Basically, we take any qualifying Liquidity Providers at the end of each period and split up the pool among them.
- Start whitelisting your address by clicking this link
- Once submitted, visit Exeedme’s add liquidity page on Uniswap here
- Input the number of XED you want to provide to the liquidity pool (minimum 1 ETH worth of XED).
- Confirm the liquidity by clicking “Approve XED” and accept the transaction using Metamask. Use a medium to high gas fee. The transaction may take some time due to possible network congestion.
- Once the transaction is confirmed, click “Supply” and accept the transaction using Metamask. Use a medium to high gas fee.
Current reward is 50,000 XED (approximate $35,000 USDT value), but we reserve the right to change the amount of XED that are given as liquidity rewards, at any time, and without notice.
Participants in the XED Uniswap Rewards program may receive varying amounts of ETH and/or XED from the pool for being liquidity providers, due to the nature of Uniswap and other participants in the pool
The number of XED tokens earned as prizes in this program may vary due to other participants in the pool
Exeedme makes no warranties or guarantees as to the safety and security of any and all funds deposited by participants on Uniswap
Exeedme has no liability or control over users’ funds lost on Uniswap due to bugs or breaches on Uniswap, or due to the user’s own negligence
Exeedme reserves the right to modify or cancel this Rewards Program at any time, for any reason, and without notice.
Exeedme is a trusted and fair Play2Earn ecosystem that allows gamers at all skill levels, developers and gaming communities to monetize their skills and efforts with the power of innovations like DeFi and NFT’s. With Exeedme, gamers can play their favorite games, challenge an opponent, bet on their own victory and earn rewards for participating and progressing, ultimately enabling ALL players to make money off their skills.