AYIN announces first ever ALPH/USDC liquidity pools
And more than $1.5million of $AYIN has been allocated as incentives!
AYIN, the leading decentralized exchange (DEX) and liquidity platform in the Alephium ecosystem, announces the first-ever USDC/ALPH token liquidity pool. This pool will go live on Friday, 6/14/24 and AYIN will support this innovation with trading campaigns on the Alephium L1 chain. This move marks a significant step forward for both Alephium and AYIN, as it will assist and catalyse significant ecosystem liquidity inflows, thus increasing TVL and providing more earning opportunities in the rapidly growing ecosystem.
This new liquidity pool provides users with an opportunity to earn profits with a high return-to-risk ratio on the USD-pegged stablecoin, USDC. With the launch of the USDC/ALPH liquidity pool, AYIN users will now have access to another trading pair and more liquidity options. Liquidity providers will also have more opportunities to earn fees and rewards by adding liquidity to the USDC pools and participating in liquidity mining programs by AYIN. USDC/ALPH liquidity providers (LPs) — (people who contribute crypto trading pairs to the liquidity pool) — stand to earn very significant annual percentage rates (APR). These earnings come in part from transaction fees levied on swaps in the pool but have been MASSIVELY INCENTIVIZED with 100,000 AYIN of rewards allocated for distribution to LP holders over the next 12 months.
This new pool is the FIRST of MANY that will be coming online as part of the AYIN Roadmap (ARM) recently publicly launched by the AYIN Collective.
NEW POOLS is a feature tile on the AYIN Roadmap and todays reveal is the first in a series of many announcements that will reveal not just more pairs and more incentives but also the introduction new types of liquidity pools that the platform will be bringing online in the coming weeks and months.
“We are excited to be launching new liquidity mining pools,” said Walter, Chief ALPHamist at AYIN. “It marks the beginning of a thrilling expansion of liquidity products for the Alephium ecosystem, and we will be announcing more rewards, more pools and more liquidity instruments real soon™️ — not just LPs and traders, but custom products for our ecosystem partners too. We like to think of AYIN as Alephium’s gold store — a reliable, safe, apolitical, Alephium-bullion-value store …and we are intensely conscious that expanding our suite of capital efficient liquidity protocols to capture new TVL opportunities on the chain critically underpins the ecosystems growth.”
Since launching in 2021, Alephium has emerged as one of the most promising Layer 1 solutions in the DLT space, with its ability to address the blockchain trilemma in a capacity unmatched by anyone in the industry today. Liquidity is critical for continued and sustainable ecosystem growth — market liquidity in the world of trading is what ensures smooth transactions and seamless operations between users. This holds particularly true in the fast-evolving realm of Alephium, and AYIN has a comprehensive roadmap of ambition to deliver a host of new products enabling more flexibility, advanced liquidity management features and tailored risk-return profiles — ooopss 😉 — WATCH THIS SPACE!
#JUST$AYIN
N.B. While the liquidity pools allow users to trade instantly and pool tokens to earn rewards, adding liquidity into a liquid pools and becoming a liquidity provider is not risk-free.
About AYIN
AYIN is the №1 decentralised exchange and liquidity store on the Alephium L1. It enables its users access to simple, safe, fast, trading of digital assets. With an emphasis on community it looks to transform the de-fi experience with a rich blend of innovative products that share fees with the platforms users.
AYIN is deeply committed to leading the charge and catalysing growth for the Alephium ecosystem. With a focus on empowering closer partnerships and synergistic growth enablement, the AYIN collective is on a mission to make this revolutionary ecosystem more accessible and mainstream for all.
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