We’re excited to announce the transition of strategic farms to Pulsar! 🎆The wait is over for the biggest farms to finally make their way onto the most powerful and efficient DEX on Polkadot.
Pulsar: The First Concentrated Liquidity AMM on Moonbeam & Polkadot
We launched Pulsar exactly 2 months ago to prepare for the transition of our standard AMM (V2) farms. Pulsar represents a ground-breaking enhancement to StellaSwap’s current hybrid DEX architecture, utilizing the power of concentrated liquidity to provide a much more efficient way of trading and earning as before. With Pulsar, users will access more efficient capital deployment & yield optimization for LP stakers while traders would access optimal asset prices with much lower slippage!
In the short span of two months, we’ve launched 6 farms and partnered with the top parachains within Polkadot. The efficiency gains of Pulsar has proved that it is beyond doubt the most powerful AMM by design;
⭐️ 10–20X efficiency compared to standard AMM
⭐️ Low-slippage trading
⭐️ Utilization rate of up to 100%
Given the current state of Moonbeam where liquidity is limited relative to other L1s/L2s, the transition towards Pulsar would allow the ecosystem to achieve greater market depths with a set amount of TVL.
Strategic Farms Transition Plan
We will begin the transition plan in accordance to the expiry of ecosystem grants for the farms. Therefore, when eco grants reach 0, each strategic farm will be transited to Pulsar.
Here are the transition plans of strategic farms from standard AMM to Pulsar 👇
- DOT.xc — GLMR: Live!
- USDC.wh — GLMR: Live!
- ETH.wh — GLMR: March 22
- wBTC.wh — GLMR: March 30
- Basepool: April 8
As part of the transition, we will be weaning away STELLA emissions on V2. The affected farms will start to gradually reduce STELLA emissions for a period of 2 weeks after Pulsar launch.
We’re in the middle of Moonbeam’s next grants process, and if it passes, ecosystem rewards will be pumped into our Pulsar farms. Make sure to vote for StellaSwap’s ecosystem grant if you want GLMR rewards to continue.
Start Transiting Your Farms to Pulsar Now!
You can begin transiting your farms for DOT.xc — GLMR & USDC.wh — GLMR to Pulsar now! Here’s the step-by-step process;
- Unstake your LP from Standard AMM farms
- Remove LP so that you get back both tokens into your wallet
- Go to Pulsar
- Add liquidity to Pulsar pools
Here’s a full guide to adding liquidity to Pulsar.
Some tips if you’re new;
⭐️ We recommend selecting “Very Conservative” range, which is similar to LP-ing on normal farms.
⭐️Remember to stake your NFT LP into the farm to start earning!
StellaSwap is a hybrid DEX that features a standard, stable and concentrated liquidity AMM to facilitate the most optimal price discovery for assets on Moonbeam. As the largest DEX and an integrated DeFi gateway, users can access the ecosystem with ease through our native bridge, swap-for-gas feature, as well as various DeFi opportunities in a click of a button.