We’re nearly there!
As you may know, with the addition of $PILLS and our DEX soon, the current farms/pools will undergo changes. This includes de-listings, as well as mandatory re-staking for all LPs.
We’ve given this task careful thought, with our main goal being to first incentivise core LPs to bring our DEX more volume and TVL. As we go along, we will be featuring new farms and whitelisted tokens.
With our DEX incoming, single-stake pools are considered a luxury (as they do not directly benefit our DEX like our LP farms, instead only through their fee used in revenue share and protocol upkeep). Keeping this in mind, we’re shifting our main focus obviously to our LPs, while retaining select single-stake pools. We’ve got some exciting ideas for a future revamp of our single-staking product. Stay tuned for that!
Without further ado, let’s take a look at the farms and pools we’ll be offering:
The farms above are designed to create deep liquidity for high volume pairs, while providing liquidity providers with high incentives.
As we are launching our own DEX, this means that we will be using our own LPs, and not any other DEX’s. Due to this, all current incentivised LPs will need to be converted to Morpheus LPs and re-staked. If the farm is non-native (or with a deposit fee), then this fee will need to be re-paid when staking.
