New Liquidity Mining Period & Rewards for Homora V2 on Optimism

New Liquidity Mining Period & Rewards for Homora V2 on Optimism

Good news! The LM period will be continuing for another 4 weeks from Iron Bank. If there are any updates, users can always refer to our gitbook for the most updated detail.

For the co-proposal on Optimism Grant, we have received a NO from the voting results. The main reason is due to our protocol being closed-sourced. However, in the process we have clarified our reasoning on security reasons and have talked to voters from the Optimism community to get a better understanding of their voting rationale. We have come a good understanding from both parties. Users can read more about the discussion here. As of now, we will not be reapplying to the Grant.

We are expecting the current LM period to run from: November 17th - December 15th, 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

Last

October 27th - November 10th, 2022

November 17th, 2022

1021.9

Current

November 10th - November 24th

December 1st, 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.

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!