Announcing New Farming Pools on Saros | Week 24

Hello Sarosers!

How is your weekend?

Let's put the market weather behind us, Saros Finance has good news for you:

Today, we are launching 4 new farming pools: USDC-USDH, SOL - USDH, DUST-USDH, and BASIS-USDH. Those pools will have rewards of $USDH. Be sure to provide liquidity to the pool pairs above, which you’ll be able to farm!

Those four pools represent our ongoing effort to bring additional liquidity to the Solana space and fulfill our promise of constantly adapting to capture the best yields possible in the Solana ecosystem.

New Pools, New Fun!  

New Pool information

• BASIS is the yield paying token of Basis.markets - a Decentralized Autonomous Organisation (DAO) on Solana blockchain.
• DUST is the token that powers the entire DeGods ecosystem - a deflationary NFT collection of degenerates, punks, and misfits.
• USDH is an overcollateralized, 100% decentralized stablecoin of Hubble Protocol, fully backed by collateral assets deposited on the Hubble platform, and redeemable at face value.

New Pool Metrics

• Pair: USDC-USDH, SOL - USDH, DUST-USDH, and BASIS-USDH
• Reward in $USDH
• Reward amount: $2500/pool
• Total rewards: $10K USDH
• Tentative duration: 14 days, Jun 18 - July 2 (from block 138011636 to 141035636). Users can check the detailed block at https://explorer.solana.com/

To join the farming pools on Saros, go to the Farm page of the website and search for the assets you want to farm in the search box; you’ll be able to farm in this pool.

Detailed guide: How to earn the reward by farming on Saros.

We believe this is one of the cornerstones allowing Saros to become a revolutionary yield farming primitive that will give users greater value and opportunities.  Prepare for an explosion in SarosFarm on its way to realizing its mission: attracting liquidity providers while accelerating liquidity bootstrapping and encouraging new projects to be built on top of Solana.

Let's add liquidity and farm now: https://saros.finance/farm

About Saros Farm

SaroFarm is an innovative platform for various incentivized pools, to allow all of our Solana users to experience incredibly high yields and assist projects in fast and steadily increasing their liquidity. In short, SarosFarm helps everyone to have entrance to the capital in the world of DeFi, bringing to the DeFi table on Solana a series of farming pools while simultaneously optimizing for risk-reward and security.

About Saros Finance

Saros Finance is the ultimate DeFi platform native to Solana, with trading, staking, and yield farming services. Built by Coin98 Labs, Saros Finance aims to adopt millions of users to DeFi.

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Disclaimer

Any of the projects, platforms, or cryptocurrencies referenced in this blog article are not endorsed or promoted by Saros Finance. Any information provided are given only for informational purposes. Saros is not liable for any financial losses or other damages incurred as a result of utilizing the aforementioned initiatives, platforms, or cryptocurrencies.