Silo/ETH Balancer pool is now live. We've seeded the pool with 6 ETH and 165K $SILO.
13 Sep 2022, 14:27
Silo/ETH Balancer pool is now live. We've seeded the pool with 6 ETH and 165K $SILO. You can farm $BAL by adding liquidity anytime after September 22, 00:00 UTC.
What to expect
- We expect liquidity providers (LPs) to receive roughly $25,000 worth of $BAL emissions every 28 days. This is equal to 30% APY when the pool has ~$1M in liquidity. This is an estimate only.
-$BAL emissions to our pool is determined by veBAL and vlAURA holders. We will be bribing vlAURA holders through Hidden Hand.
-$BAL incentives begin on Thursday, September 22 at 00:00 UTC.
How to farm
- Add liquidity to the pool:
- Claim $BAL from Balancer app directly.
Happy farming!
References
- https://llama.airforce/#/bribes/overview/hh/aura-bal
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- https://docs.redacted.finance/products/hidden-hand/balancer-vebal-market