obtain fxUSD/FOREX BPT & lock for veFOREX
Last updated
Last updated
FOREX holders deposit their FOREX + fxUSD into Balancer fxUSD/FOREX (20/80) liquidity pool, providing protocol liquidity, and in return will receive a Balancer Pool Token (BPT)
(a) go to the balancer pool page here and select "Add Liquidity"
(b) enter the amount of liquidity you want to add (be sure to click "proportional suggestion" to ensure assets are added in the correct ratio - to minimise any price impact)
once liquidity has successfully been added to the Balancer Pool.. (a) go to https://app.handle.fi/earn and lock your fxUSD/FOREX (20/80) BPT for your selected time (min 1 week - max 1 year)
thats it!! - you're now holding veFOREX and will be able to;
receive protocol fee dists. (across trade, swap and borrow)
participate in governance
receive up to 2.5x boosted rewards on;
hLP liquidity
fxKeeper liquidity
trade and referral rebates