Over the next four weeks, we'll be distributing a total of 150,000 MATIC to incentivize the growth of auto-compounding and Uniswap v3 liquidity on Polygon.
The full reward amount will be distributed and claimable at the end of the incentives period via a Merkle distributor contract. We'll use the value of accrued fees by each position to determine their pro-rata share of the rewards. To avoid gaming of liquidity incentives, there will be a 5-day vesting period where the position must remain in-range to receive the full rewards. The complete parameters and script will be published at the end of the incentives period. Our goal is to accelerate the growth of long-term liquidity on Polygon MATIC pairs.
The incentives period starts on December 7th 00:00 UTC and runs through January 4th 00:00 UTC. A total of 150,000 MATIC will be distributed during this time. The minimum vesting time for positions during the incentives period will be 5 days.
This may be a bit confusing given other running incentives programs, so to clarify:
150K MATIC is being distributed via the v3 staker to selected pools. You can still get full vesting. Visit https://v3staker.revert.finance for more info.
150K MATIC will be distributed to all auto-compounding positions on MATIC pairs starting this Wednsesday.
To read more about the criteria for the incentives program, and step by step tutorials on how to participate and start earning MATIC head over to the mini-site.