BLOCKBUSTER Staking program for $AVXL

AvaXlauncher
2 min readSep 14, 2021

Provide Liquidity on Pancakeswap, Stake your LP and earn $AVXL (AND MUCH MORE..)

Dear $AVXL community,

Thank you for the awesome support that led us to an AWESOME launch! After our successful launch, we are now very proud to introduce 2 brand new IDOs coming on the AvaXlauncher platform -

  1. Gaming Project : Breed, play and Earn
  2. Oracle on Blockchain

With these important IDOs coming on AvaXlauncher, today we also announce the launch of $AVXL staking and LP-staking program to incentivise the $AVXL community.

LP — Staking program

You can now earn APY by staking AVXL-BNB CAKE-LP obtained on providing AVXL-BNB liquidity on PancakeSwap — the leading DEX on Binance Smart Chain(BSC).

With this pool, we aim to boost the liquidity on the BSC and incentivise the LPs in two phases. $AVXL will be available in the reward pool which will be distributed to the liquidity providers who stake AVXL-BNB CAKE-LP tokens.

  • Pool 1: 3 days with $AVXL reward pool
  • Pool 2: To be announced

Pool 1 rewards and guidelines -

  • Pool 1 begins this week and will be open for 3 days
  • LP tokens staking period — 30 days
  • Any user who unstakes LP tokens before 30 days, will not be eligible to receive the $AVXL rewards
  • After 30 days, user can unlock LP tokens and be eligible to earn pool rewards
  • $AVXL rewards will be distributed post 60 days from the pool end date
  • Your rewards will be calculated based upon your share in the LP pool from the total pool

BONUS Reward for LP staking — We will also incentivise the community with the tokens of next 2 IDOs on AvaXlauncher. 2X IDO tokens airdropped on the wallets that participate in Pool 1.

We will take a snapshot and announce it on our social media handles.

$AVXL Perpetual Staking Program

Details coming soon, STAY TUNED!!!

JOIN US ON:

Twitter | Telegram | Telegram Announcements | Website

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AvaXlauncher

AvaXlauncher is the first Incubator + launchpad for the Avalanche ecosystem. Website: https://avaxlauncher.com/