O3 Swap Announcement: Jurassic Age Mining
This post was originally published on 03labs
With the upcoming launch of O3 Swap V2, V1 will officially enter the Jurassic Age Mining phase at 16:00 UTC on November 4, 2021. Moreover, the cross-chain O3 pool (in the Hub) will stop generating liquidity mining rewards after this phase begins. During Jurassic Age Mining, our O3 token reward’s APR will gradually decline at a steady pace as we enter a deflationary phase.
🦕A New Incentive Model in the Jurassic Age Mining
The new staking model “Stake O3 To Earn O3 & NFT” will replace the original “Stake O3 To Earn O3” model after a period of time. Keep in mind that our O3 HackerPunks will be the only token used for O3 Swap V2 Mining. It’s best to earn one now.