On chain Liquidity is a challenging yet important problem to tackle.
25 Sep 2023, 14:23
On chain Liquidity is a challenging yet important problem to tackle. Right now, the vast majority of $BONK Liquidity on chain is inside of concentrated liquidity pools rather than traditional Orderbooks or AMM’s, creating non-ideal impact with large orders on chain. BONK aims to alleviate this impact by actively increasing the TVL on a Dynamic AMM platform.
Through collaboration with @fib_finance , BONK has identified a clear path improving on chain liquidity by partnering with @MeteoraAG !
Beginning today, BONK will sponsor a 20B $BONK Campaign for 1 month at Meteora! With Meteora dynamic AMM pools, Liquidity Providers will also earn lending yield, on top of the campaign rewards, in order to reduce the reliance on farming rewards to sustain liquidity.
Head to and deposit your LP to participate!