The USDC/MENDI Liquidity Pair on . @velocorexyz has been bribed. What does this mean.
26 Aug 2023, 10:56
The USDC/MENDI Liquidity Pair on . @velocorexyz has been bribed!✅
What does this mean?🤔 To understand let's quickly break down Mendi's tokenomics & its relation to Velocore👇
🪙60% of $MENDI token supply is allocated to reward emissions for our users
♨️Of total reward emission, 20% is allocated for bribing the Velocore LP (12% of overall token distribution)
🔐Don't forget - a part of $MENDI staking rewards are $LVC emissions from USDC/MENDI LP on Velocore!
⬆️The more bribes the LP receives, the more $LVC emissions it gets 👉 $MENDI stakers receive more $LVC rewards!
Don't miss out - catch these yields while they last
👉https://t.co/VYjcW5jumx
Find out more: /velocorexyz/status/1695034720634204455