BetProtocol launches Uniswap Rewards Program incentive scheme

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Last Update: September 21, 2022

2 mins read

For those new to Uniswap, the solution is a decentralised protocol for automated liquidity proving and trading, all based on the Ethereum blockchain ecosystem.

Moving forward, liquidity providers will all get 0.3% fee generated from Uniswap trades or trading pairs they provide liquidity to, BetProtocol said in an official statement.

The BERPO Uniswap Rewards Program arrives at a time when Uniswap's volume has been growing exponentially, overtaking established exchanges, such as Coinbase in terms of overall interest and size.

Decentralised exchanges (DEXes) started with little public trust, but the sentiment has shifted now and they are spearheading a new revolution in the crypto space.

BetProtocol has come up with an additional incentive to participate, such as the five-million $BEPRO tokens prize pool available each month.

To become part of the offer and have a chance of winning, any willing party must provide at least 1 ETH worth of liquidity to the BEPRO/ETH Uniswap pool.

The amount should remain in the liquidity for a period of at least 30 consecutive days. Users will also have to whitelist their address to receive payments from BetProtocol.

In the meantime, BetProtocol has continued to provide white-label solutions for esports and casino blockchain gambling portals.

Established companies such as Bitcasino, 1xBit, and FortuneJack are all offering a similar product available in BTC and ETH.

There, you will find various promotions that will welcome you to an entertaining variety of gaming options.

However, BetProtocol's partnership with Uniswap is an out-of-the-box move designed to surpass traditional blockchain gaming communities.

Love to gamble with crypto? We’d love if you took a couple of minutes to tell us about your favourites in our CGN survey.

Looking for your next crypto casino? Check out SOFTSWISS, Mega Dice or FortuneJack!

Written by David

Co-founder

David is co-founder of CryptoGamblingNews.com, and has worked in the crypto gambling space since 2015.
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