The pNetwork, the decentralised ecosystem backing the cross-chain pTokens solution, has announced the launch of its yield farming programme, Steroids. The programme will run for a period of one month and will award Uniswap liquidity providers with up to 10% monthly interest, distributed in pNetwork Token (PNT).
Designed to onboard new users, increase liquidity and boost adoption of the entire pNetwork ecosystem, Steroids will go live later this month to coincide with the launch of the pNetwork DAO.
The pTokens solution enables the free movement of crypto assets across a variety of blockchain networks. As the project works towards its progressive decentralisation roadmap, the pNetwork DAO will be introduced as a way to start decentralising the system’s infrastructure, and to encourage community participation. As an initial incentive for boosting engagement, a 42% APR reward is granted to DAO members who actively contribute to its governance.
This new Steroids yield farming initiative will be introduced to bring even further…