"The first WETH based market(WETH-ETH/USD)."
LP Boost Round #4 started! First Liquidity Boost round for wETH-ETH/USD market. Total 100,000 CHRMA allocated for this round!
Chromatic Protocol LP Boost page https://app.chromatic.finance/lpboost
A new round #4 of the Liquidity Boost program is now live, from March 14th at 00:00 UTC. (This round will run for 48 hours.)
Round #4 is the first Liquidity Boost round for our newly launched market, wETH-ETH/USD. Provide liquidity while maintaining the market value of the held ETH!
Provide liquidity to the Chromatic Protocol's Warm-up pool and get CHRMA rewards!
Liquidity Boost Round #4 Details
Schedule: Starts on Marh 14th 00:00, Ends March 15th 23:59 UTC (48 hrs)
Allocated CHRMA Quantity: Total 100K CHRMA (The largest reward pool!)
Pool Type: Crescendo (Low-risk)
Target Direction Type: Long & Short
Starting from this Liquidity Boost round, quadratic will be removed. You can get more rewards!
Minimum Deposit Amount: 0.07 wETH (approximately $263)
Lockup Period: 8 weeks (starting from March 16th ~)
Chromatic Protocol LP Boost page https://app.chromatic.finance/lpboost
Program Details
The LP Boost program incentivizes liquidity providers to start the journey with abundant liquidity as Chromatic Protocol launches on the Arbitrum mainnet.
Currently, Rounds #1 to #5 are scheduled.
The rewards allocated for Round #0, totaling 300K CHRMA, will be redistributed across these five shorter rounds.
Participants who registered during the pre-registration period and received extra reward stones will receive up to 30% additional rewards in Rounds #1 to #5.
Participants who provided liquidity in Round #0 will receive an additional 10% bonus in Rounds #1 to #5 as compensation.
