Maximize Your Earnings: Yield Farm with RLC/USDC Pool on Uniswap v3

Introduction

iExec RLC token holders have a thrilling new opportunity to put their tokens to work with the RLC/USDC liquidity pool on Uniswap v3. This new incentive program underscores iExec's commitment to empowering its community by providing avenues to maximize the utility of RLC tokens and earn additional rewards.

Why Participate?

Put Your RLC Tokens to Work

By providing liquidity to the RLC/USDC pool on Uniswap v3, RLC token holders can maximize the utility of their tokens. This participation supports the RLC ecosystem by increasing the Total Value Locked (TVL) in the pool.

Earn Trading Fees

Liquidity providers gain a share of the trading fees from the pool. These fees are earned proportionally based on the amount of liquidity contributed, providing an ongoing income stream for participants.

Extra Rewards

In addition to trading fees, liquidity providers will benefit from an additional 10,000 USDC distributed to pool participants through Merkl. This added incentive makes the yield farming opportunity even more lucrative.

Support the Community

By participating in this program, token holders not only benefit financially but also help grow and support the RLC community, contributing to a stronger and more robust ecosystem.

How to Get Started with Liquidity Mining

Deposit into the Pool

To start, provide liquidity to the RLC/USDC pool on Uniswap v3. Visit the Uniswap page and click the “Add Liquidity” button to begin the process. Uniswap Pool Page

Earn Rewards

In addition to the trading fees, you will receive a share of the 10,000 USDC rewards distributed through Merkl. These rewards can be claimed at any time, whether weekly, monthly, or at the end of the campaign. Claim Rewards on Merkl

Set Liquidity Parameters

When depositing, you can specify the amount of RLC and USDC to deposit. You will also set a price range for your liquidity. If the RLC price exits this range, you will not earn further trading fees until you rebalance your position.

Practical Example

For example, if today's RLC price is $2, you might set a price range of $1 to $3. This would require depositing both RLC and USDC. If the price moves out of this range, you can manually rebalance your position to continue earning trading fees.

Final Thoughts

This yield farming opportunity is a fantastic way for RLC token holders to maximize their earnings while supporting the growth of the RLC community. By participating in the RLC/USDC liquidity pool on Uniswap v3, you can earn trading fees, benefit from additional USDC rewards, and contribute to the broader RLC ecosystem. Get started today and put your RLC tokens to work!