Swappi Introduces USDT0 Liquidity Pool with 70,000 CFX Incentive

Swappi, a prominent decentralized exchange, has announced the launch of the AxCNH–USDT0 liquidity pool as part of its ongoing efforts to boost ecosystem liquidity. This initiative comes with a lucrative incentive program, offering a total of 70,000 CFX in rewards to liquidity providers (LPs) over a two-week period, according to Conflux (CFX) Forum.

Incentive Details

To encourage participation, Swappi’s new incentive campaign allows users to earn regular trading fees based on their share of the liquidity pool. Additionally, those who contribute to the AxCNH–USDT0 liquidity pool will have the opportunity to partake in a boosted reward pool of 70,000 CFX. This reward will be distributed in Wrapped CFX (WCFX) due to smart contract constraints, with the campaign starting on December 1st at 12:00 (UTC+8).

Participants can add liquidity by visiting Swappi’s platform and selecting the AxCNH-USDT0 pool. Once liquidity is added, LP tokens are issued, which can be staked further on Swappi to earn additional $PPI rewards.

Future Developments

Looking ahead, Swappi plans to introduce an exclusive swap portal to facilitate the conversion of WCFX to CFX. This move aims to streamline the process for users and enhance the overall usability of the platform.

For more information, interested parties can access the official announcement on the Conflux Forum.

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