Introducing $BONK Staking.
29 Aug 2023, 19:41
Introducing $BONK Staking 🐕🥩
@bonk_inu is excited to announce a strategic integration with @GooseFX bringing our community “staking” through their implementation of Single Sided Liquidity Pools (SSLs)!
Beginning today, $BONK holders will be able to deposit their tokens into the $BONK Single Sided Liquidity pool at and begin earning yield on their deposited $BONK!
Lets dive into this mechanism more 🏊♂️
Traditional liquidity pools often require a specific ratio of two or more tokens. This necessity poses issues like impermanent loss, inefficient liquidity distribution leading to high slippage, and it complicates the user experience for LPs.
Single-sided liquidity pools allow users to provide liquidity using a single asset. This user-friendly alternative to traditional automated market makers (AMMs) simplifies liquidity provision. The design emphasizes liquidity concentration around the current oracle price, minimizing slippage and earning users yield in their native token.
Single Sided Liquidity Pools are a DeFI game-changer, offering liquidity provision as a more user-friendly and efficient option for Liquidity Providers.
@bonk_inu and @GooseFX1 are heating up. Dive in today and learn more about earning yields on $BONK with minimized risk 🤝
Same news in other sources
230 Aug 2023, 04:38
1 $BONK is the new poke
1 $BONK is the new poke.
1 $BONK is the new poke
29 Aug 2023, 19:54
👉 Nun mit Untertitel in Deutsch und Englisch
Nun mit Untertitel in Deutsch und Englisch.
https://www.youtube.com/watch?v=QBvbMGgmRWM
👉 Nun mit Untertitel in Deutsch und Englisch