inSure DeFi Launches Liquidity Program with 6 000 000 SURE in Monthly Rewards on Ethereum and BSC
Lucrative Liquidity Mining Program Launches for SURE Token Holders on Ethereum and BSC
inSure is building the future of digital asset insurance. An essential element of that future is having a liquid marketplace where the SURE token can trade. Users of the inSure ecosystem need to be able to seamlessly transition between SURE and other digital assets. That’s why inSure is launching a lucrative liquidity program to reward those that allocate capital to the SURE-ETH Uniswap pool.
6 000,000 SURE tokens will be rewarded monthly to liquidity providers for each LP (Uniswap and PancakeSwap separately) These rewards are available to every liquidity provider who locks both ETH and SURE into the Uniswap (or BNB and SURE on PancakeSwap) pool for at least 30 days. These rewards will be in addition to the 0.3% in trading fees that Uniswap/PancakeSwap allocates to liquidity providers.
Becoming a liquidity provider is as easy as whitelisting your address and sending liquidity to the ETH-SURE pool on Uniswap (BNB-SURE pool on PancakeSwap). The rewards in the liquidity program are renewed on a monthly basis.
Eligibility Criteria and Rewards Distribution:
- Liquidity providers must have at least 0.05 ETH of liquidity and 0.05 ETH worth of SURE tokens. (0.3 BNB worth of SURE on PancakeSwap)
- Any liquidity provided is eligible for rewards 30 days after the liquidity was allocated.
- Rewards are distributed based on a liquidity provider’s proportionate share of the pool.
- If liquidity is removed, previous liquidity that is awaiting rewards is disqualified. In this case, the liquidity provider will need to wait at least 30 days from the next time they add liquidity.
- At the end of each rewards period, the liquidity rewards are split proportionally among liquidity providers.
How to Get Started:
- Whitelist the Ethereum address where your SURE is held by clicking this link. (or this for PancakeSwap LP Providers)
- After whitelisting, visit the “add liquidity” page for Uniswap here.
(Add liquidity to PancakeSwap here) - Specify the amount of SURE you wish to allocate to the pool (the minimum amount is 0.05 ETH worth of SURE or 0.3 BNB for PancakeSwap)
- Confirm the liquidity by clicking “Approve SURE”. Accept the Metamask transaction and use a medium-to-high gas fee.
- When the transaction is confirmed, click “Supply”. Accept the Metamask transaction and use a medium-to-high gas fee.
Disclaimers:
6 000 000 SURE tokens will be distributed every month through the rewards program for each LP (Uniswap and PancakeSwap). At current SURE prices, this is equivalent to roughly $24,000 in rewards. inSure reserves the right to change the amount of the reward at any given time, without notice.
Liquidity providers in the SURE-ETH Uniswap (SURE-BNB PancakeSwap) pool may receive varying amounts of SURE and/or ETH. The expected amounts fluctuate due to the dynamics of Uniswap and the activity of other liquidity providers.
The amount of SURE earned through the rewards program will also vary based on the activity of other participants in the program.
There are no guarantees or warranties on the safety and security of funds deposited in Uniswap.
inSure holds no liability for any funds lost by users on Uniswap. Uniswap should be considered a high-risk platform that is subject to bugs and breaches.
As long as you provide liquidity on Uniswap and PancakeSwap using SURE tokens all your funds (BNB, ETH, and SURE) are insured from hacks and drastic devaluations by inSure Ecosystem.
inSure can cancel or change the rewards program at any time without notice.
Update
8 000 000 SURE will be distributed for those who started staking before the 8th of March 2021. Going forward the rewards will be equal to 6 000 000 SURE per month due to the SURE’s price increase. (At current SURE prices, this is equivalent to roughly $24,000 in rewards.)
The threshold has been lowered to 0.05 ETH based on the inSure DAO voting: https://snapshot.org/#/insuretoken.eth/proposal/QmdKn8NEFcffdqQS9oA3ib2cFAEZ8dfrTpDTquHeuKVCNG
Rewards Program for PancakeSwap:
https://snapshot.org/#/insuretoken.eth/proposal/QmNUbUbJ2uQhrPtaydGc7w4tfafY1gh8anFvwuquHEYHpX
Official website: https://insuretoken.net
