Wrapped Wagerr is now available as part of Uniswap, a decentralized exchange, that allows stakeholders to exchange $WWGR across a number of currencies.
These include Wrapped Bitcoin, Ether and Tether (USDT), and the company is beginning to seek new opportunities to boost liquidity on $WGR.
Starting now, Wagerr will be dropping $WWGR to Liquidity Providers (LPs) in the same proportion of liquidity they provide.
In other words, should a provider add 5% to the weekly liquidity, they may expect just as much distributed back to them in $WWGR airdrop.
These liquidity incentives will be paid for a period of up to 27 weeks and in order to qualify, a stakeholder seeking to provide liquidity must contribute at least $100.
Removing liquidity will disqualify an individual from receiving the liquidity incentives for that week.
A total of $WWGR 300,000 is expected to be airdropped in the first six months of the program.
Estimated $WWGR 11,111 will be supplied each week, but an additional $WWGR 30,000 may be added to this number, depending on activity.
The program will end on June 7, 2021 with eligible swapping pairs listed as ETH/WWGR, USDC/WWGR, and USDT/WWGR.
More changes to liquidity may come over the process as the developer's team will seek to help optimize the process.
Wagerr posted decent results in their most recent update covering November 23 through November 29.
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