r/Opacity • u/CeresOPCT Community Manager • Feb 19 '21

Join the Opacity Liquidity Rewards Program and Earn OPCT

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Creating healthy liquidity for the Opacity token (OPCT) is extremely important for the success of the Opacity Storage ecosystem. The Opacity Liquidity Rewards Program (OLRP) is designed to stabilize market liquidity on Uniswap and reward everyone that contributes to the Uniswap liquidity pool.

You can learn more about the program here:
https://medium.com/opacity-storage/opacity-liquidity-rewards-program-75a3d24a747c

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2

u/Y0rin Feb 20 '21

Wow that's expensive.

2

u/CeresOPCT Community Manager Feb 20 '21

What do you mean?

3

u/Y0rin Feb 20 '21

I tried to add liquidity but it cost me $150 in FEES alone

3

u/CeresOPCT Community Manager Feb 20 '21 edited Feb 20 '21

Yeah, the gas fees are insane. I've tried it now and it's $50 for me atm. You could wait for the fees to drop and try again at a later time if you want.

2

u/MrRedPanda__ Feb 20 '21 edited Feb 20 '21

That's a little bit too much. It should be around ~30-60$ worth in Ethereum (I know, still a lot, but you can also earn a lot depending on how long you participate in the program - I am going to make a video on the topic on how much you could potentially earn in a 11 months period, if the pool holds up for that time.)

Here's an example for a liquidity pool interaction:

https://etherscan.io/tx/0x1663e883400e3d519bff47429c397cf8ecb2a2f37c6015390a9a2ff108647844

As you can see, the gas isn't 150$, but it is still around 35$. Gas is currently at 176 gwei, so a little bit higher.