GM UniDex Community.

20 Oct 2022, 18:03
GM UniDex Community! We'll be moving our governance and attention back to the ETH ecosystem starting with the mainnet & Optimism this Saturday. What this means is that we'd be moving the bulk of our spirtswap UNIDX-ETH liquidity to the mainnet and 20% of that liquidity to Optimism. Thanks to UniV3's advancements we can mirror the same liquidity which exists on the mainnet to make it economically feasible for smaller trades to happen on optimism without larger price impact. We'll also be deploying the leverage trading protocol on Optimism with a liquidity mining program helping to grow some of that liquidity. Fee rewards will now take place by default on Optimism however, the user will be able to choose between 4 networks (FTM, Arbitrum, OP, or Polygon) to receive their rewards. All the user needs to do is vote using snapshot on the weekly snapshot to set their target chain. We do encourage users to read the full article which you can find here :point_down: Remember, nothing needs to be done for the existing holders on all chains and this does not affect the leverage trading protocol on any chain either. If you are an FTM holder you can continue to be so forever, and you'll be able to get rewards on FTM just like always. However, our governance and liqudity will be moving to the ETH ecosystem with majority on the mainnet & a portion on Optimism.

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UniDex
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20 Oct 2022, 18:03
GM UniDex Community! We'll be moving our governance and attention back to the ETH ecosystem starting with the mainnet & Optimism this Saturday. What this means is that we'd be moving the bulk of our spirtswap UNIDX-ETH liquidity to the mainnet and 20% of that liquidity to Optimism. Thanks to UniV3's advancements we can mirror the same liquidity which exists on the mainnet to make it economically feasible for smaller trades to happen on optimism without larger price impact. We'll also be deploying the leverage trading protocol on Optimism with a liquidity mining program helping to grow some of that liquidity. Fee rewards will now take place by default on Optimism however, the user will be able to choose between 4 networks (FTM, Arbitrum, OP, or Polygon) to receive their rewards. All the user needs to do is vote using snapshot on the weekly snapshot to set their target chain. We do encourage users to read the full article which you can find here :point_down: Remember, nothing needs to be done for the existing holders on all chains and this does not affect the leverage trading protocol on any chain either. If you are an FTM holder you can continue to be so forever, and you'll be able to get rewards on FTM just like always. However, our governance and liqudity will be moving to the ETH ecosystem with majority on the mainnet & a portion on Optimism.
GM UniDex Community.
GM UniDex Community! We'll be moving our governance and attention back to the ETH ecosystem starting with the mainnet & Optimism this Saturday. What this means is that we'd be moving the bulk of our spirtswap UNIDX-ETH liquidity to the mainnet and 20% of that liquidity to Optimism. Thanks to UniV3's advancements we can mirror the same liquidity which exists on the mainnet to make it economically feasible for smaller trades to happen on optimism without larger price impact. We'll also be deploying the leverage trading protocol on Optimism with a liquidity mining program helping to grow some of that liquidity. Fee rewards will now take place by default on Optimism however, the user will be able to choose between 4 networks (FTM, Arbitrum, OP, or Polygon) to receive their rewards. All the user needs to do is vote using snapshot on the weekly snapshot to set their target chain. We do encourage users to read the full article which you can find here :point_down: https://mirror.xyz/unidexexchange.eth/kvyzmhihCmN548d1xFlfLwIm-rh2iY9E_e5hBL3zF7Y Remember, nothing needs to be done for the existing holders on all chains and this does not affect the leverage trading protocol on any chain either. If you are an FTM holder you can continue to be so forever, and you'll be able to get rewards on FTM just like always. However, our governance and liqudity will be moving to the ETH ecosystem with majority on the mainnet & a portion on Optimism.