Yield farming is live on Bitcoin․com’s Verse DEX with ~80% APY – Bitcoin News press release

press release

Bitcoin.com is pleased to announce that Verse Farms will be performing live at the Verse DEX. Anyone can now deposit select Liquidity Pool (LP) tokens into Verse Farms to earn additional rewards on top of already earned trading fees for providing liquidity.

The first Verse farm is for the VERSE/ETH pool with an initial APY of ~80%. More farms will be added soon.

“Yield farming for VERSE tokens helps increase liquidity on the Verse DEX, which improves the trading experience on this important piece of decentralized infrastructure,” he said Bitcoin.com CEO Dennis Jarvis. “This is a critical early step in bringing VERSE to broad use in the Bitcoin.com ecosystem.”

VERSE, launched in December 2022, is Bitcoin.comRewards and utility tokens from . VERSE drives the growth and expansion of Bitcoin.comecosystem, This includes over 37 million self-custody wallets created in its multi-chain DeFi-enabled mobile app, the Bitcoin.com wallet. The ecosystem also includes the award-winning ones Bitcoin.com News Portal with over 2.5 million monthly readers.

The VERSE token utility includes unlocking rewards along the tiers, the payment method in the Bitcoin.com Ecosystem and beyond, access to exclusive platform services and more. Ultimately, VERSE will help expand access to decentralized finance, allowing more people to benefit from the economic freedom and democratized finance it is unlocking.

Visit https://verse.bitcoin.com/farms to deposit LP tokens and earn ~80% APY.

VERSE tokens are utility tokens designed for use on Bitcoin.com. VERSE tokens are not stocks, bonds, units in a collective investment scheme, securities or other instruments commonly known as securities of any kind. VERSE Tokens are not offered for sale to US persons and are not available for purchase in the United States, Japan or other countries as designated by Bitcoin.com from time to time.

Bitcoin.com

Since 2015, Bitcoin.com has been a global leader in introducing newcomers to crypto. With accessible educational materials, timely and objective news, and intuitive self-custody products, we make it easy for anyone to buy, spend, trade, invest, earn and stay informed about cryptocurrencies and the future of finance.

Photo credits: Shutterstock, Pixabay, Wiki Commons

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