Liquidity Rewards Boost on Demex LKT / USDC Pool !

Locklet
3 min readSep 7, 2021
Liquidity Rewards Boost on Demex

The past weeks have been incredible for Locklet! Day by day, $LKT liquidity and trading volume grow on our different markets, demonstrating user interest in our project!

We’re extremely happy to announce that there are now over 6M $LKT on Demex Exchange (Switcheo TradeHub), with the LKT / USDC pool approaching 100k$ liquidity.

Following this, Locklet have joined the Demex “Liquidity Rewards Boost”. The pending proposal will bring a significant LP boost reward to the LKT/USDC pool.

💬 https://switcheo.org/governance/proposal/129?net=main

50% LKT / 50% USDC Pool — 100k$ Liquidity

Demex is now certainly one of the best places to stake and trade the $LKT token with increased liquidity, access to limit orders and also the lowest trading fees!

How to join $LKT pool on Demex?

To join our LKT / USDC pool and start to earn Tradehub rewards, you just have to follow these few steps:

  1. Create an account or connect with Ledger/Metamask on Demex Exchange: https://docs.dem.exchange/getting-started/creating-a-demex-account.
  2. Deposit some LKT and USDC into your Demex Wallet: https://app.dem.exchange/account/balance.
  3. Add liquidity to the LKT / USDC pool: https://app.dem.exchange/pools/add/lkt.7ef7febf-50-usdc1-50-lp28.
  4. Commit to earn rewards: https://app.dem.exchange/pools/commit/lkt.7ef7febf-50-usdc1-50-lp28.

If you are not familiar with pools liquiditys, a complete tutorial for loquidity pooling is available here: https://docs.dem.exchange/products/what-is-liquidity-pooling.

What is Demex?

What is Demex?

Demex is a trading platform conceived for a fully decentralized future where borderless access to any market and financial instrument is possible. It aims to let its users enjoy strong privacy and unrivalled security. Only a highly robust technology is able to support its bold aspirations at scale. To that, Demex is often described as a 2nd-generation derivatives DEX that is built on top of a Layer 2 scaling solution. But what exactly is a Layer 2 DEX? Read more…

About Locklet

Locklet is the world’s first decentralized vesting platform 🧙‍♂️🎉. It allows any crypto-currency holder to create more or less complex vesting clauses according to their need and have them executed over the desired duration and this is accomplished in a completely decentralized way. Thanks to our platform, serious projects can now cryptographically differentiate themselves from scammy ones!

For more information on Locklet:

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Locklet

World’s first decentralized vesting platform 🎉🧙‍♂️ ! Protects every Crypto or DeFi community from rug pulls, predatory ventures, perfidious advisors and more…