#WorldLibertyFinancialUSD1 ☝️☝️☝️
World Liberty Financial's USD1 RWA Boost Phase 1 runs from Aug 31, 00:00 UTC to Dec 31, 23:59:59 UTC.
Phase 1 of the USD1 RWA Boost, is now at @WorldLibertyFi in partnership with @Aster_DEX; offering 125,000,000 $ WLFI from @WorldLibertyFi and 6,250,000 USD1 from @Aster_DEX in total rewards, split equally across 18 epochs to incentive trading and rewards.
125M $ WLFI allocated based on eligible Open Interest (OI)
6.25M USD1 allocated based on eligible trading volume
The two reward pools are calculated independently, allowing eligible activity to qualify for both.
This Phase 1 program, officially started and deployed, is trading the USD1 RWA perpetuals to earn Trading Points for the USD1 pool.
Holding positions to earn OI Points for the $ WLFI pool with a 2× OI Boost in Single-Asset Mode.
2X OI Boost with Single-Asset Mode
Single-Asset Mode: In Single-Asset Mode, USD1-denominated RWA positions using only USD1 as collateral will receive a 2X boost toward OI-based rewards.
Multi-Asset Mode: In Multi-Asset Mode, Aster will take regular snapshots of users' collateral composition. Activity will only qualify for rewards if USD1 represents more than 50% of the user's total collateral on average during the relevant snapshots period.
This is the first phase of the USD1 RWA Markets, Permissionless Markets, Permissionless Rewards.
The markets shipped ☝️☝️☝️
#WLFI #USD1 #CryptoNewss $WLFI $USD1