It was a highly successful effort that saw a lot of users rush to the DCTDAO DEX to stake and gain great APYs.
DCTDAO is a quantum-resistant cross-chain DEX (decentralized exchange) where users can enjoy fast, affordable trading with Multi-Wrapped tokens while having the ultimate peace of mind thanks to their Quantum Proof security model.
TrustSwap sees immense potential for DCTDAO to become one of the most widely used decentralized exchanges in the Avalanche Ecosystem as it facilitates cross-chain transactions and trading for only fractions of a cent.
To that end, we are pleased to announce the second round of the DCTDAO Decentralized Exchange Yield Farming Program.
Using the DCTDAO DCTDEX, users can add liquidity to the pool of the following Avalanche Base Token pairs and receive APY rewards by locking the LP tokens on TrustSwap:
As a reminder, the following token pairs remain eligible for yield rewards:
Important Note: If you participated in the last round of staking, you will need to unstake from the old pools and stake again.
In order to participate in this new round, token holders first have to add liquidity to DCTDAO and then stake the DCTD liquidity pool tokens in the appropriate staking pool on the TrustSwap Farming Pools portal.
All this is done in 3 simple steps.
Note: your MetaMask wallet will need to be set to Avalanche Network in order to access these pools. Click here for a detailed tutorial on bridging, swapping, and farming. Be advised that this guide is based on staking the VSO/DWETH pair, please adjust accordingly.
You can see the LP Token addresses of the farmable pairs here
The program extension begins today so head over to the DEX and get started!
TrustSwap is a multichain, full-service digital asset ecosystem that offers: P2P/OTC Escrow, Time-release payments, Launchpads, Incubator programs, NFT marketplace, Team token & Liquidity Locks and automated distribution protocol solutions. Their purpose is to build tools and applications that ensure the security of crypto for everyday hodlers and large venture capitalists alike. For more information, visit TrustSwap.org
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