Homora has recently expanded to Optimism as our first L2 chain, integrating on top of Uniswap v3. This launch has brought in several new changes and innovation different from before as Homora V2 users will now be able to open leveraged positions on top of concentrated liquidity on Uniswap v3 pools.

To kickoff our launch on Optimism, lenders will be eligible for liquidity mining rewards from Iron Bank in the form of IB tokens. Currently, there will be a total two liquidity mining periods available which will run for 2 weeks each.

There will be a total of 3 lending pools on Optimism eligible for the rewards:

  1. WETH
  2. USDC
  3. DAI

Details on the liquidity mining periods will be as follow:

LM Period

Claimable Date

IB Amount Distributed

August 18th - September 1st, 2022

September 8th, 2022

1370

September 1st - 15th, 2022

September 22nd, 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.

Try farming on Optimism today: https://homora-v2.alphaventuredao.io/


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.

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