⛏️ DFI Liquidity Mining Program

Last updated August 28, 2022 12:08 PM (GMT+8)

Introduction

DeFiChain has allocated one million DFI tokens from a Community Funding Proposal to incentivize liquidity mining for the DFI/ETH, DFI/USDT, and the new DFI/USDC pair on Uniswap, and to increase the utility of ERC-20 DFI.

To participate in the liquidity mining program, liquidity providers can do so through a dedicated dApp at [liquidity.defichain.io](<https://liquidity.defichain.io/>).

Rewards Distribution Schedule

The regular liquidity mining rewards will be distributed as follows:

DFI/ETH or DFI/WETH pair at 0.5 DFI per Ethereum block
DFI/USDT pair at 0.25 DFI per Ethereum block
DFI/USDC pair at 0.25 DFI per Ethereum block

Rewards will be distributed according to the following schedule:

Dates	Rewards Rate
Through @August 22, 2022 5:00 PM (GMT+8)	Constant 1% rate of the regular liquidity mining rewards shown above.
From @August 22, 2022 5:00 PM (GMT+8)	[Current] Regular liquidity mining rewards shown above.
From @August 29, 2022 5:00 PM (GMT+8)	Block reward is scheduled to reduce by 4% approximately every 7 days thereafter (in blocks), just like DFI emission rate on DeFiChain mainnet.

FAQs

What do I need to participate in this program?

You will need:

access to a Web3 DeFi wallet — e.g. MetaMask, Trust Wallet, etc. — either as a browser extension or via a mobile app; and
wrapped ERC-20 version of DFI — the token contract address is [0x8Fc8f8269ebca376D046Ce292dC7eaC40c8D358A](<https://etherscan.io/token/0x8Fc8f8269ebca376D046Ce292dC7eaC40c8D358A>)