New Liquidity Mining Period & Rewards for Homora V2 on Avalanche

New Liquidity Mining Period & Rewards for Homora V2 on Avalanche

Announcing the new liquidity mining period for Homora V2 on Avalanche: March 2nd, 8am UTC - March 16th, 8am UTC.

Homora V2 on Avalanche

The new liquidity mining period and when to claim ALPHA & AVAX rewards will be:

  • New period
    March 2nd - March 16th: Claimable on March 23rd
  • Last period
    February 16th - March 2nd: Claimable on March 9th

For more details on how to claim these rewards, please see our guide.

During this period, 250,000 ALPHA and 1,000 AVAX will be distributed among the following eligible users

  • 85.4% 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 Homora V2.
  • 11.5% to Stablecoin lenders (USDC, USDT.e, USDC.e, DAI.e, MIM):
    Users will receive Rush rewards proportionately to the value of Stablecoin they lend vs. the total value of stablecoins borrowed (for leverage yield farming) on Homora V2.
  • 3.1% to ‘other tokens’ lenders (WETH.e, WBTC.e, ALPHA.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 Homora V2.

Note: The claimable period is one week after the liquidity mining period ends because it requires one week of processing time for the rewards. If you see that the rewards are claimable a few days before the claimable date, it means that our team has completed the processing time earlier than expected.


About Alpha Finance Lab

Alpha Finance Lab is a blockchain Lab, and on a mission to build Alpha Universe. Alpha Universe includes the Alpha DeFi ecosystem (Alpha Homora, AlphaX), Alpha Metaverse (Alpha Buy Wall, Provably Rare Gems), and Alpha Launchpad (incubator program).

Join our Telegram/Discord for the latest updates, follow us on Twitter, or read more about us on our Blog and Document!