Insured Finance Launches Liquidity Program with 50,000 INFI in Monthly Rewards

Insured Finance
3 min readFeb 5, 2021

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Lucrative Liquidity Mining Program Launches for INFI Token Holders

Insured Finance is building the future of digital asset insurance. An essential element of that future is having a liquid marketplace where the INFI token can trade. Users of the Insured Finance ecosystem need to be able to seamlessly transition between INFI and other digital assets. That’s why Insured Finance is launching a lucrative liquidity program to reward those that allocate capital to the INFI-ETH Uniswap pool.

50,000 INFI tokens will be rewarded monthly to liquidity providers. These rewards are available to every liquidity provider who locks both ETH and INFI into the Uniswap pool for at least 30 days. These rewards will be in addition to the 0.3% in trading fees that Uniswap allocates to liquidity providers.

Becoming a liquidity provider is as easy as whitelisting your address and sending liquidity to the ETH-INFI pool on Uniswap. The rewards in the liquidity program are renewed on a monthly basis.

Eligibility Criteria and Rewards Distribution:

  1. Liquidity providers must have at least 1 ETH of liquidity and 1 ETH worth of INFI tokens.
  2. Any liquidity provided is eligible for rewards 30 days after the liquidity was allocated.
  3. Rewards are distributed based on a liquidity provider’s proportionate share of the pool.
  4. If liquidity is removed, previous liquidity that is awaiting rewards is disqualified. In this case, the liquidity provider will need to wait at least 30 days from the next time they add liquidity.
  5. At the end of each rewards period, the liquidity rewards are split proportionally among liquidity providers.

How to Get Started:

  1. Whitelist the Ethereum address where your INFI is held by clicking this link.
  2. After whitelisting, visit the “add liquidity” page for Insured Finance.
  3. Specify the amount of INFI you wish to allocate to the pool (the minimum amount is 1 ETH worth of INFI).
  4. Confirm the liquidity by clicking “Approve INFI”. Accept the Metamask transaction and use a medium-to-high gas fee.
  5. When the transaction is confirmed, click “Supply”. Accept the Metamask transaction and use a medium-to-high gas fee.

Disclaimers:

50,000 INFI tokens will be distributed every month through the rewards program. At current INFI prices, this is equivalent to roughly $39,000 in rewards. Insured Finance reserves the right to change the rewards amount at any given time, without notice.

Liquidity providers in the INFI-ETH Uniswap pool may receive varying amounts of INFI and/or ETH. The expected amounts fluctuate due to the dynamics of Uniswap and the activity of other liquidity providers.

The amount of INFI earned through the rewards program will also vary based on the activity of other participants in the program.

There are no guarantees or warranties on the safety and security of funds deposited in Uniswap.

Insured Finance holds no liability for any funds lost by users on Uniswap. Uniswap should be considered a high-risk platform that is subject to bugs and breaches.

Insured Finance can cancel or change the rewards program at any time without notice.

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Insured Finance
Insured Finance

Written by Insured Finance

A decentralized P2P insurance marketplace with easy claims and instant payouts. Powered by Polkadot.

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