Uniswap LP Rewards — PTE $550 Staking Bounty

Peet DeFi
2 min readNov 23, 2020

--

$550 in prizes paid at $60k liquidity (Combined ETH, USDT)

By adding liquidity to a PTE pool on Uniswap you already earn 6.5% monthly rewards. Our article here explains how https://peetdefi.medium.com/earn-6-5-monthly-by-adding-liquidity-for-pte-ff8157df6e21 . Now you can also earn $450 more in bonuses!

550 more reasons to provide PTE liquidity

From 12:00 November 21st, 2020 until the PTE pools total $60,000 liquidity whichever address adds/stakes the most PTE will get a $450 extra bonus! A second address will also get $100! All addresses who add/stake will get the normal rewards of 6.5% monthly as well.

https://twitter.com/peet_fi/status/1330953049796382727

$450 winner: Top contributor from summing each day of stakes until bounty end. The cumulative amount determines the winner.
Example: Staking 100 PTE for 30 days = 3000 cumulative total, Staking 250 PTE for 10 days = 2500 cumulative total.

$100 winner: Drawn from a lottery of all stakers. Each % of the total pool you own is the chance you will be drawn as the winner.
Example: If you own 6.9% of the pool you have a 6.9% chance of wining.

Rules of the bounty:

  • Can add to PTE-Eth or PTE-Usdt pool on Uniswap
  • Must have at least a partial stake at the end of the bounty
  • Bounty ends when PTE reached $60,000 liquidity on Uniswap (Eth+Usdt pools)
  • Winners will be paid in any currency they would like

Again, all who join these pools will receive a minimum of 6.5% monthly rewards. The largest provider will earn a $450 bonus and another provider a $100 bonus. On our website we have a calculator posted to determine your ROI.

https://peetdecentralized.finance

Why are you still reading this? Go to Uni and start staking!

https://app.uniswap.org/#/add/0x51bb9c623226ce781f4a54fc8f4a530a47142b6b/ETH

--

--

Peet DeFi

Peet Platform Decentralized Finance applications and yield farming are a new take on DeFi offering cross chain functionality and future collateralization of RWA