How to Participate in the Arbitrum Rewards Campaign
Jun 6, 2024
We’re thrilled to announce significant updates to our system aimed at enhancing your participation in the new Arbitrum Rewards Campaign. As part of this initiative, 125,000 $ARB will be dedicated to a 3-month liquidity mining program focusing on store-of-value (SoV) token pairs such as WETH-USDC, WETH-USDT, WETH-wstETH, and WETH-ARB. By incentivizing liquidity for these key pairs, Integral aims to improve the overall trading experience on Arbitrum and reduce trading costs for users. This incentive has already been activated, and many of the pools are currently offering very high yields.
Unprecedented Rewards and APRs
The activation of these rewards on Arbitrum has propelled some pools to achieve huge Annual Percentage Rates (APR). For example:
ETH-ARB is now witnessing over 1000% APR.
ETH-USDC and ETH-USDT are also experiencing over 200% APR (90% is swap fee APR, while the rest are rewards APR).
How to Get Your Hands on ARB Tokens
Participating in this campaign and earning ARB tokens is straightforward. Just follow these steps:
Open the “Pool” Tab
Open the “Deposit” Tab
Choose a pool from WETH-USDC, WETH-USDT, WETH-wstETH, and WETH-ARB.
Pool Analytics: Thanks to our recent updates, you can check each pool’s daily volume and average APR over various timeframes by clicking on the specific pool in the pool tab.
Two Ways to Provide Liquidity: Integral supports providing liquidity based on the current asset ratio or with your custom ratio (allowing for single-sided deposit). Note that regardless of your choice, the asset composition of your position will eventually match the pool ratio.
Complete Your Deposit: After depositing, head back to the pool tab and choose the “Stake” tab.
Stake Your LP Tokens: ARB rewards will only be accredited after staking. Once staked, you’ll see your accredited ARB balance next to your wallet address.
Claiming Your Rewards and Trading Fees
To Claim Your ARB Rewards: Head to the bottom of the “Stake” tab. Click “MAX” under the input box, then hit “Claim”.
To Claim Trading Fees: Simply exit your LP position, and you will receive your liquidity and fees.
That’s it! We would like to extend our gratitude to Arbitrum DAO for making this happen. Stay tuned as we are in talks with other exciting Arbitrum projects for future collaborations.
None of the information contained here constitutes an offer (or solicitation of an offer) to buy or sell any currency, product or financial instrument, to make any investment, or to participate in any particular trading strategy.