Extension of xSTELLA Tri-Reward Pool: Continue Earning $200k of STELLA, GLMR & USDC 🎆
We’re excited to announce an extension of the xSTELLA tri-reward pool so STELLA stakers can continue to earn over $200,000 worth of STELLA+GLMR+USDC! 🔥xSTELLA has garnered over $2 million of staked STELLA since its launch a month ago, highlighting its popularity and strong utility within the Mooonbeam ecosystem.
Strong Success of xSTELLA Facility
xSTELLA has proven to be a huge success, apparent by the following metrics;
⭐ Over $2 million worth of STELLA staked, which represents over 30% of circulating STELLA supply! More STELLA staked = Greater scarcity
📈 Doubling of price from $1 to over $2 within a week of xSTELLA launch
💸 Daily buybacks from generated trade fees that are distributed to xSTELLA holders, ensuring continual buy pressure
Extension of Tri-Rewards Pool
The success of xSTELLA naturally entails an extension in order to reward early stakers and wean towards a sustainable emission schedule. Details of the extension is shown below;
Total Rewards: $200,000
Reward Tokens: $STELLA + $GLMR + $USDC
Start Date: 6 April
Duration: 30 Days
Staking Location: xSTELLA Page
How Can I Stake into Tri-Reward Pool?
In order to participate in the tri-reward pool and start earning double-dipped APRs, here’s exactly what you need to do;
Step 1: Ensure that you have $STELLA token.
Step 2: Convert $STELLA into xSTELLA when xSTELLA feature is launched.
Step 3: Stake xSTELLA into the Tri-Reward pool located on the same xSTELLA page.
Step 4: Start earning double-dipped rewards! 💸
StellaSwap is the first and leading Moonbeam DEX that offers an integrated gateway to the DeFi world. Users can swap, earn, yield farm, bridge assets, explore new projects and engage in NFT trading all from a single unified platform. StellaSwap’s products are structured in such a way that facilitates decentralized governance of STELLA holders, while continuing to innovate on the collective foundations by design.