Introducing the Vulcan Forged ($PYR) LP Staking Program

Elysium Blockchain
2 min readMay 31, 2021

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We are excited to announce the launch of the $PYR LP Staking program on UniSwap. Users will be now incentivized to provide liquidity into the PYR/ETH UniSwap pool.

The Program aims to improve liquidity to facilitate easy buy/sell without high slippage, encourage the community to improve the on-chain metrics, and earn fees when someone trades on the PYR/ETH pair.

150,000 $PYR will be used to incentivize the liquidity providers to provide liquidity and then stake LP tokens. The program will reward the LPs over the course of 90 days.

The program begins today, 31st MAY 2021 at 09.30 AM UTC.

👩‍🌾 It aint much but its honest work — PYR Farmers

Let’s get started!

  • Token holders need to provide liquidity to PYR-ETH pair in equal proportion on Uniswap here: http://bit.ly/PYR-ETH
  • By providing Liquidity you would be earning Uniswap UNI-V2 LP tokens representing your position. The number of tokens will be proportional to your share of the pool.

Liquidity provider rewards

Liquidity providers earn a 0.3% fee on all trades proportional to their share of the pool. Fees are added to the pool, accrue in real-time, and can be claimed by withdrawing your liquidity.

Reference

This world is quickly expanding, with lots of information to be processed, here are some links to help you along your journey

1. Marketplace

https://market.vulcanforged.com/

2. Vulcan Forged

http://www.vulcanforged.com/

3. Vulcanverse

http://www.vulcanverse.com/

4. Real-time blockchain map

https://explorer.vvlandmap.com/

5. Vulcanites page

http://vulcanverse.com/vulcanites.html

6. PYR Whitepaper

https://vulcanforged.com/public/assets/frontend/pyr.pdf

7. Vulcanverse Discord

https://discord.gg/vulcanverse

8. Reddit

https://www.reddit.com/r/VulcanVerse/

9. Telegram

https://t.me/veriarti

https://t.me/vulcanannouncements

10. Twitter

@Vulcanverse

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