Last week, you may have heard about the 1-week extended LM. We have just confirmed with their team that for now, the latest LM period will run and continue until October 27th, 2022. We are monitoring the utilization and yield opportunities on Optimism closely. If the market returns to an optimal range, there may be potential to add additional LM periods in the future.

In the meantime, we are actively working on our Optimism co-proposal with Iron Bank to apply for the $OP grant. Wish us luck!

Current LM period: October 13th - October 27th, 2022

Eligible lending pools:

  1. WETH
  2. USDC
  3. DAI
  4. OP

The Optimism liquidity mining periods will have details as follow:

Period Status

LM Period

Claimable Date

IB Amount Distributed

Past

September 29th - October 13th 2022

October 20th, 2022

3010

Ongoing

October 13th - October 27th 2022

November 3rd, 2022

TBA

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.

Optimism Grant

After careful review of our proposal submitted during cycle #7, we have decided to partner with Iron Bank to create a co-proposal to bring maximum values to our users on Optimism.

Interested users can check out the details and help give our proposal more visibility or feedback: https://gov.optimism.io/t/draft-gf-phase1-homora-v2-x-ironbank-on-optimism/3425

How to Claim Your Liquidity Mining Reward

Once rewards are available, users will be able to see them under “Your Position”. During each period, the accrued rewards will be displayed under “Pending IB Rewards” and converted to “Claimable IB Rewards” once the claimable date starts.

For full details on liquidity mining programs, users can refer to our documentation. To not miss any announcements, please make sure to follow our Twitter or join our Discord


About Alpha Venture DAO (Previously Alpha Finance Lab)

A Builders’ DAO. We explore and innovate at the fringes of Web3 and drive significant value to Web3 users, and ultimately, alpha returns to the Alpha community.Join our Telegram/Discord for the latest updates, follow us on Twitter, or read more about us on our Blog and Document!