Unichain Phase 2 mining has started, let's get rolling!
Whether we can achieve a higher displayed APR depends on everyone's abilities.
The biggest change this time is that the activity reward for providing liquidity has been adjusted to 50%, so hopefully no one will be rolling fees anymore?
Previously, many friends rolled their earnings higher than what was displayed, causing some newcomers who were not very familiar to feel that the APR was artificially inflated, which discouraged quite a few people.
The most cunning move was made by a friend who lowered the fee rate to directly eat the LP earnings (stablecoin APR 60%), instead of taking the rewards, truly amazing!
Moreover, since Unichain's subsidy plan started on April 15, the TVL has skyrocketed from 9 million dollars to 500 million dollars.
Comparing with Aptos's 200 million dollar subsidy plan from two days ago, Unichain achieved such results with just 5 million $UNI incentives in two weeks, which is incredibly cost-effective!
In any case, I hope Unichain continues to work hard and make the fire of DeFi burn even brighter!
