Press release
bitcoin.com is pleased to announce that Verse Farms is live on the DEX verse. Now anyone can deposit select Liquidity Pool (LP) tokens into Verse Farms for additional rewards on top of the trading fees already earned for providing liquidity.
The first Verse Farm is for VERSE/ETH pool with an initial APY of ~80%. More farms will be added soon.
“Yield farming for VERSE tokens helps increase liquidity on the Verse DEX, which improves the trading experience on this important piece of decentralized infrastructure,” he said. bitcoin.com CEO Dennis Jarvis. “This is a critical first step in providing VERSE with broad utility in the bitcoin.com ecosystem.”
VERSE, which launched in December 2022, is bitcoin.comRewards and utility token. VERSE is driving the growth and expansion of bitcoin.comthe ecosystem of , which includes more than 37 million self-custodial wallets built on its DeFi-ready multi-chain mobile app, the Bitcoin.com Wallet. The ecosystem also includes the award-winning Bitcoin.com News portal with more than 2.5 million monthly readers.
The utility of the VERSE token will include the unlocking of rewards throughout the levels, the payment method in the bitcoin.com ecosystem and beyond, access to exclusive platform services and more. Ultimately, VERSE will help expand access to decentralized finance, allowing more people to benefit from the economic freedom and democratized finance it unlocks.
Visit https://verse.bitcoin.com/farms to deposit LP tokens and start earning 80% APY.
VERSE tokens are utility tokens designed for use in bitcoin.com. VERSE Tokens are not stocks, bonds, shares in a collective investment scheme, securities or other instruments commonly known as securities of any kind. VERSE tokens are not offered for sale to US persons and are not available for purchase in the United States, Japan, or any other country you may specify bitcoin.comfrom time to time.
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