10,000,000 $BACON distributed to liquidity providers over 12 months.
On February 2, 2022, Bacon Protocol launched our Liquidity Provider (LP) Rewards Program on Uniswap and Sushiswap. Both pools are live and currently distributing BACON rewards and fees to pool liquidity providers.
Official Pool: Uniswap USDC-BACON Pool.
Official Pool: Sushiswap ETH-BACON Pool.
Bacon Protocol continues to innovate in the mortgage industry - offering users the opportunity to invest in mortgage income while building out the infrastructure needed to democratize access to this investment vehicle. We are doing this by expanding access to our governance token $BACON across multiple platforms and ensuring that sufficient liquidity is available to users.
We are very excited to get cookin’ and incentivize a deeper liquidity pool!
$BACON LP Rewards Program
Our LP Rewards Program will be conducted with the following metrics:
To become a Liquidity Provider in Bacon Protocol’s LP Rewards Program you can go to the following links:
Note: By contributing liquidity, all liquidity providers are subject to the risk of Divergence Loss (also known as Impermanent Loss). As always, all prospective LPs should evaluate risk before contributing liquidity on any platform.
About Bacon Protocol
**Bacon Protocol is a decentralized platform for purchasing mortgages. We give consumers access to the same financial products banks, governments, and institutions use to preserve and grow wealth. Using a novel, asset-backed stablecoin, we help homeowners by giving them faster, more flexible, and more competitive loans while adding a new building block to DeFi and bridging the gap between the physical and Web3 worlds.