Vesper Finance x 1INCH airdrop
1inch has partnered with Vesper Finance for a new liquidity mining program. Vesper Finance offers a user-friendly platform for decentralized finance (DeFi) products, aimed at simplifying the process of achieving your crypto-finance goals. Their suite of yield-generating products focuses on accessibility, optimization, and long-term sustainability. The Vesper token (VSP) acts as the core economic driver behind the growth and development of Vesper's offerings and community.
Unveiled in August 2020, 1inch exchange received $2.8 million in funding from top investors like Binance Labs, Galaxy Digital, and FTX. By integrating Uniswap, Kyber, Curve, and other DEX protocols, 1inch enables users to trade various ERC-20 tokens across different DEX platforms to secure the best prices. Additionally, 1inch introduced Mooniswap, an automated market maker (AMM) that revolutionizes cryptocurrency swaps. Liquidity providers on 1inch earn passive income from trading fees based on their pool contributions.
The 1inch team has rolled out Chi, a cutting-edge gas token (CHI) that drastically reduces transaction costs. 1inch transactions are now up to 42% cheaper, offering users the most competitive rates by identifying the most efficient swapping routes across all leading DEX platforms.
~$ 7,500,000 Prize Pool
Est. value
About Vesper Finance x 1INCH
The new 1INCH-VSP farming program will start on March 25 at 9 pm UTC, distributing a total of 100k VSP tokens (~$7,000,000) and 550,000 tokens over a 24-week period. Vesper offers user-friendly DeFi products to help achieve your crypto-finance goals with a focus on accessibility, optimization, and longevity. The Vesper token (VSP) drives the growth of Vesper's capabilities and community. 1inch provides a range of DEX protocols, including Mooniswap, an automated market maker that revolutionizes cryptocurrency swapping. Users can earn passive income through trading fees by providing liquidity to pools. 1inch also offers gas-saving options such as Gastoken (CHI) to reduce transaction costs by up to 42%. Discover the most efficient swapping routes on all major DEXes with 1inch for the best rates.
Step-by-step guide
Go to the 1INCH DeFi platform & Connect your Wallet. Provide Liquidity to this Pool: 1INCH-VSP. The new farming program starts at 9 pm UTC on March 25. Liquidity providers to this pool will collect 150k 1INCH tokens and 100k VSP tokens distributed over a 24-week period.
Disclaimer: This content is for educational and informational purposes only and does not constitute financial advice. Conduct thorough research before making any deposit/investment decisions (DYOR).
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