Dear Bitruers,
A brand new set of Yield Farming pools are about to open, featuring three of the hottest coins currently available in the crypto space. Starting on May 6th at 13:00 UTC you will be able to make investments of Polkadot DOT, Algorand ALGO, and Fantom FTM to receive rewards of up to 16% APY. See the table below for all the pools that will be opening:
Invested Coin | Reward Coin |
Lockup (Days) |
Cap | APY (Estimated) |
DOT | DOT | 14 | 30,000 | 16% |
DOT | BMAX | 14 | 60,000 | 16% |
ALGO | ALGO | 14 | 3,000,000 | 4% |
ALGO | BMAX | 14 | 6,000,000 | 4% |
FTM | FTM | 14 | 1,500,000 | 7% |
FTM | BMAX | 14 | 3,000,000 | 7% |
As per usual we have a concurrent set of BMAX pools opening at the same time as the regular pools. For this round the APY that you can earn is matched but the availability has been increased, which we hope will mean that more people will be able to get their investments in before they sell out. They WILL still sell out fast though, so if you want to make sure that you get your investment locked in please make sure that you prepare your funds in advance and be ready to take part the moment the pools go live. The coins are available for purchase right now on the Bitrue Exchange: DOT; ALGO; FTM.
More Yield Farming pools will open up all the time, but the exact nature of the pools is up to the community to decide. If there is a specific coin that you want to farm, let us know about it by shouting it out to us on our Twitter account @BitrueOfficial.