1 year ago,lucah blogs pot KyberSwap began a fruitful partnership with Avalanche, starting with a US$5.8 million liquidity mining campaign as part of our Avalanche Rush program. Since then, this partnership has helped bring over $61 million in TVL and more than $10 billion in Total Trading Volume for KyberSwap.
Now, KyberSwap is continuing to provide Avalanche bulls with more incentives for liquidity providers who deposit and stake their liquidity positions on their newest protocol KyberSwap Elastic.
Commencing on 26th Sept, KyberSwap is hosting Phase 3 of Avalanche Rush, with 17 farms bringing Avalanche liquidity providers up to $2 MILLION in reward incentives. The first stage of Phase 3 is set to bring liquidity providers over $250,000 in KNC, and AVAX liquidity mining rewards, with more incentives, are planned to come over the next phases.
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