Introducing YOLO Pool — Stake YOLO and Earn New Tokens!
HELLO OOLONGANS —
Imagine if you can stake OLO for YOLO (to earn more OLO)…then while you are holding YOLO, stake your YOLO to earn new tokens 🤯🤯🤯
Too good to be true? But it’s true! Today we are here to introduce YOLO Pool — where YOLO tokens earn you more than just OLO and where new projects meet the Boba community!
Adding utilities to OLO/YOLO tokens
As we’ve mentioned in the beginning of 2022, one of our main goal for Oolong is to introduce more utilities to OLO/ YOLO and to create incentives for OLO/YOLO hodlers. Previously we have introduced the YOLO staking being an incentive to hodl OLO, now the YOLO Pool will spice things up even more ;)
We will continue to add more features/products in the future, booooosting up the function of OLO/YOLO tokens!!!
Why projects will want to participate in YOLO Pool?
Another one of Oolong’s new year resolution is to help bootstrap new projects on Boba!
As Boba’s largest DEX, projects will receive good attention from the Boba community by distributing a small portion of their tokens through Oolong’s YOLO Pool
Projects that participate in the YOLO Pool will also immediately be listed in Oolong’s Community Token List, gaining more exposure in the community!
What will be the first token to pariticpate in YOLO Pool?
*Intense drum roll sound🥁🥁🥁*
Of course it’s the community’s favorite — WAGMI token!!!
Stake OLO → get YOLO → stake YOLO → get WAGMI → pair with BOBA to farm even more WAGMI through the BOBA/WAGMI farm…and all these? IL free!
Tis is the circle of WAGMI spirit, LFGGGG🔥🔥🔥
(Don’t forget to follow the Oolong Discord for the most up to date details of the YOLO Pool!)
OolongSwap is the biggest DEX on Boba Network, a layer-2 Ethereum scaling solution. As Boba’s first native AMM, it is Oolong’s mission to create the best exchange, best user experience, and deepest liquidity on Boba as our motto is “more to earn, less to spend”. Aside from the regular DEX features, we have also introduced features such as dynamic pair fees to offer users lower trading slippage, multea farm for users to earn double the rewards with the same investment capital and PCV and bonding to offer a sustainable future for Oolong. Our vision is to become the gateway between Boba and the rest of DeFi world, expanding the Boba ecosystem and help new and experienced DeFi users alike find their crypto home.