Synthetix LP Rewards on Base, Round Three

Synthetix -

Synthetix keeps the momentum going with another four weeks of Base LP rewards and offer more opportunities for LPs to earn while traders enjoy deeper market liquidity.

Extension Timeline

The program is extended for another four weeks, split into two phases:

  • Feb 11 - Feb 25: For two weeks, rewards apply to the entire vault (USDC + stataUSDC LPs).
  • Feb 25 - Mar 11: For another two weeks, rewards apply only to stataUSDC LPs.

Weekly Rewards

Each week, LPs now earn a pro-rata share of:

  • 15,000 SNX
  • 15,000 USDC

Over the four weeks, a total of 60,000 SNX and 60,000 USDC will be distributed, giving stataUSDC LPs a unique opportunity to stack yield from Aave staked USDC on top of trading fees and the rewards from Synthetix.

How to Join

Becoming an LP is easy:

  1. Deposit USDC or stataUSDC on the Synthetix Liquidity App.
  2. Rewards accrue every block and can be claimed at any time via the app.

For more details, check out the Synthetix Docs.

Keep stacking, keep earning, and stay based!