FLD Release Schedule
Currently, users can earn FLD through borrowing/lending, staking, and participating in Forlend community initiatives.
Last updated
Currently, users can earn FLD through borrowing/lending, staking, and participating in Forlend community initiatives.
Last updated
The highly-incentivized genesis mining program will be live on 8/28, 2022 (9PM PST) and will run for a week.
Forlend is a community-driven protocol with 85% of FLD tokens allocated to the community, among which 2% will be directly rewarded to users who borrow or lend (supply assets) during the first week of its launch. To thank early supporters for their support and promotion of the project, rewards are weighted heavily to favor early adopters. The earlier you join, the more you can earn.
According to the liquidity mining release schedule for the first year, genesis mining rewards will reach 200,000 FLD for the first week, 4.4 times higher than that of the next 11 weeks and 6 times higher than that of the next 42 weeks.
During the Genesis Mining stage, liquidity mining will be supported in the following pools: FRA, USDC.e, USDT.e, USDT.b, BUSD.b. Incentives for FRA mining is three times higher than that of other stablecoins. Note that for each supported asset, users can participate in liquidity mining both by supplying funds(lending) and borrowing, equally sharing 50% of the total FLD rewards allocated to this asset.
FLD-FRA liquidity pool will also provide high-APY rewards at launch on TGE + 7.
