HOME is launching a new liquidity program through ICHI
HOME’s “HODL Vault” will provide users with great rewards for deposits while helping to build sustainable liquidity.
Today, we are excited to announce we are launching a new rewarding liquidity program through DeFi project ICHI. The new HODL Vault will enable our community to get the best rewards on their deposits of $HOME. Community members will be able to keep their $HOME while earning more rewards through this new Uniwap V3 liquidity management protocol!
ICHI’s HODL Vaults are an innovative new way to design liquidity programs that build liquidity our community will truly own, while providing you with the best rewards available. By building liquidity that our protocol owns, we can conduct our day-to-day operations like trading, lending, and profit sharing while remaining decentralized and without fear of centralized entities impacting the $HOME price. The HODL Vault is a Uniswap V3 liquidity management protocol that will allow us to create single-sided and concentrated liquidity pools with $HOME and $ICHI.
By launching a HODL Vault with ICHI, HOME users can save money on gas fees while also earning high rewards that Uniswap V3’s concentrated liquidity offers. This is a win-win for our community and our users!
How does the new HOME HODL Vault work?
- Users deposit $HOME to the ICHI HODL Vault
- The ICHI Vault is a Uniswap V3 liquidity management protocol that allows users to deposit $HOME, and as a concentrated liquidity protocol, users earn great rewards.
- ICHI’s protocol automatically adjusts the parameters based on price changes, so depositors are always earning the highest rewards.
- The HODL Vault combines the simplicity of Uniswap V2 with the concentrated liquidity benefits of Uniswap V3.
- Users do not have to worry about resetting liquidity positions as ICHI automatically adjusts liquidity positions as the token price changes.
- After you deposit in the HOME HODL Vault, you will begin to earn trading fees in both the deposited token and $ICHI, depending on how the pool rebalances in relation to the price of both tokens. When withdrawing, users will receive a combination of HOME and $ICHI.
Head to app.ichi.org to start depositing in the HOME HODL Vault and begin earning trading fees today!
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