Blockster is offering a huge reward for people who provide liquidity on Uniswap. If you have analysed the heading you might have been shocked, by the 11 190.16% APY. To be frank that is not a common return figure for many people.
However, that is the reality. Blockster is offering such a huge return on investment. Simply visit its website and read for yourself : https://about.blockster.com/rewards
Before getting into details about this investment and the returns, let’s focus on what Blockster is. Well, Blockster is a big company on the blockchain. Currently, it is the biggest social media platform based on the blockchain. It is not as huge as Facebook or Maybe Twitter, but that is its ambition.
It is going to be the biggest social media platform, with its own token BXR existing on the ethereum network. BXR is currently listed at Hotbit, with other exchanges coming very soon. If you visit the Blockster platform you will find interesting figures including trading academy and trending news.
Investment opportunity
As a real fan of Blockster, I had been writing much about it. But for now I am talking about the investment opportunity where the first movers will earn much.
Ok. Blockster has reward programme focused on its liquidity providers. There is a liquidity pool that exists on Uniswap, where you can go for the ETH/BXR pair. There is absolute no minimum liquidity amount. However, the more liquidity you provide for a long period the more you will earn.
There is a total reward pool of 2 000,000 BXR which it will distribute in the next 12 months. Sure, for the next 12 months. Now, if you do your mathematics well, you will find that liquidity providers will share 166 000 per month. That is a good figure. Definitely.
The staking period is 365 days. Now, you may wonder as to where staking comes in. When you provide liquidity, you will get UNI-V3-POS token, which you will stake in order to get a share of the 2 000, 000 BXR tokens.
First mover advantage
There is a definite first mover advantage, because those who join during the first month will earn something every month for 12 months. In addition to this, as you earn more BXR rewards; it is most likely that the price of the BXR token will also rise. So, it’s a case of double gain.
The current price of the BXR token is $0.44. I doubt, as you may do, that the price of the token will remain so low considering the scale of the project.
By the way, Blockster allows every blockchain based company to partner with it. This is because it is a social platform where companies, projects and individuals dealing or interested in cryptocurrencies and the blockchain can join.
Do you have a blockchain project to partner with Blockster?
If you own or run a blockchain based project or company and you want to partner with Blockster, the contact @Mchapeyama (TA username), on telegram or simply visit the telegram channel for more details.
Would it be logical for you to forego a n investment with an approximately 11 119.16% APY. The good thing is that there is no minimum amount for liquidity provision.
Communities
You can get more information on the following platforms:
Website: https://blockster.com/register?ref=562f4a5c8
Telegram chat: https://t.me/BXRPoolRewards
Common telegram chat: https://t.me/Blockster_BXR_Token
