Yield farming is live on Bitcoin․com’s Verse DEX with ~80% APY

Bitcoin.com is excited to denote that Verse Farms are unrecorded connected the Verse DEX. Anyone tin present deposit prime Liquidity Pool (LP) tokens into Verse Farms to gain further rewards connected apical of the trading fees already earned for providing liquidity.

The archetypal Verse Farm is for the VERSE/ETH excavation with a starting APY of ~80%. More Farms volition beryllium added soon.

“Yield farming for VERSE tokens helps turn liquidity connected the Verse DEX, which improves the trading acquisition connected this important portion of decentralized infrastructure,” said Bitcoin.com CEO Dennis Jarvis. “This is simply a captious aboriginal measurement towards providing VERSE with wide inferior successful the Bitcoin.com ecosystem.”

VERSE, which launched successful December 2022, is Bitcoin.com’s rewards and inferior token. VERSE is fueling the maturation and enlargement of Bitcoin.com’s ecosystem, which includes implicit 37 cardinal self-custody wallets created successful its multi-chain DeFi-ready mobile app, the Bitcoin.com Wallet. The ecosystem besides includes the award-winning Bitcoin.com News portal with implicit 2.5 cardinal monthly readers.

The VERSE token’s inferior volition see unlocking rewards on tiers, method of outgo successful the Bitcoin.com ecosystem and beyond, entree to exclusive level services, and more. Ultimately VERSE volition assistance grow entree to decentralized finance, enabling much radical to payment from the economical state and democratized concern it unlocks.

Visit https://verse.bitcoin.com/farms to deposit LP tokens and commencement earning 80% APY.

VERSE tokens are inferior tokens designed for usage on Bitcoin.com. VERSE tokens are not shares, bonds, units successful a corporate concern scheme, securities, oregon different instruments commonly known arsenic securities of immoderate type. VERSE tokens are not being offered for merchantability to U.S. persons and are not disposable for acquisition successful the United States, Japan, oregon immoderate different arsenic whitethorn beryllium specified by Bitcoin.com, from clip to time.

Image Credits: Shutterstock, Pixabay, Wiki Commons