New Liquidity Mining Period and Rewards for Alpha Homora V2 on Avalanche
Alpha has joined hands with Avalanche to allocate $6 million ALPHA and AVAX rewards for lenders on Alpha Homora V2 on Avalanche ($3M in AVAX and $3M in ALPHA).
Announcing the new liquidity mining period for Alpha Homora V2 on Avalanche: December 15th, 8AM UTC - January 5th, 8AM UTC.
We are revamping the LM table with a new look to bring users an easier way to read the key information.
When to claim Rush rewards:
- New period (December 15th - January 5th): Claimable on January 12th
- Last period (December 2nd - December 15th): Claimable on December 22th
For more details on how to claim these rewards, please see our guide.
Note: The claimable period is one week after the liquidity mining period ends because the rewards allocation requires one week of processing time for the rewards.
The first two periods will have a slightly different timeline but will resume to be 14 days starting from the third period:
- 1st period will be 13 days (December 2nd - December 15th).
- 2nd period will be 21 days (December 15th - January 5th).
- 3rd period and the rest will go back to 14 days.
Alpha Homora V2 on Avalanche: New Liquidity Mining Period
The new liquidity mining period is from December 15th, 8AM UTC - January 5th, 8AM UTC (21 days).
During this period on Alpha Homora V2 on Avalanche, the total distributed rewards will be as follows:
- 600,000 ALPHA and 5,400 AVAX will be distributed to the following eligible users:
53.4% to AVAX lenders
Users will receive Rush rewards proportionately to the value of AVAX they lend vs. the total value of AVAX borrowed (for leverage yield farming) on Alpha Homora V2.
39% to Stablecoin lenders (USDT.e, USDC.e, DAI.e)
Users will receive Rush rewards proportionately to the value of Stable Coin they lend vs. the total value of stablecoin borrowed (for leverage yield farming) on Alpha Homora V2.
7.6% to ‘other tokens’ lenders (WETH.e, WBTC.e)
Users will receive Rush rewards proportionately to the value of ‘other tokens’ they lend vs. the total value of ‘other tokens’ borrowed (for leverage yield farming) on Alpha Homora V2.
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