TELx Update (10/4). Balancer Double Incentives: TEL/BAL & TEL/BAL/USDC LPs are now each earning 750,000 TEL & 500 BAL a week.

04 Oct 2021, 23:41
TELx Update (10/4) Balancer Double Incentives: TEL/BAL & TEL/BAL/USDC LPs are now each earning 750,000 TEL & 500 BAL a week! Participation requires removing your LPT from any staking contracts and simply holding the LPT(s) in your wallet. The rewards period began at 00:00 UTC on 10/4 and will continue indefinitely, weekly, with airdrops distributed in BAL & TEL the following week. Reminder: Parker will join the BAL Discord this Wednesday for an AMA w/the BAL community. Balancer Single Incentives: All other TELx Balancer incentives contracts have been updated and deployed to the TELx site. The incentives period for each will begin this Wednesday and will resume indefinitely at least until 12/22. Quickswap Double Incentives: After this weekly period ending 10/6, we will deploy the new incentives contracts earning dQUICK on TEL/QUICK, TEL/USDC, TEL/WETH. If you are participating in these pools, you will need to remove your LPT and stake in the new contracts. We will continue to update on the deployment schedule and ensure everyone has ample time to remove their LPT and re-stake in the new contracts (at least 24 hours) before initiating the incentives period. Thank you