Wormhole is a protocol, a token bridge that connects tokens to multiple chains including Ethereum, Solana, Terra, Binance Smart Chain, Polygon, Avalanche, and Oasis. Wormhole allows users to seamlessly bridge wrapped tokens between supported chains.
Wormhole can be used for any asset that should be bridged.
How to get a Wormhole UST?
Wormhole (@wormholecrypto) is the decentralized cross-chain interoperability protocol, while Portal (@portalbridge_) is a token & NFT bridge built on top of it.
Whether it is a bull market or a bear market the goal of Greenhouse is to generate passive income. Green DEX is a sustainable multi-chain DEX which builds and drives liquidity for layer-one blockchains, bridges and partnering projects. Built on Polygon.
Greenhouse offers the lowest trading fees on Polygon (0.18%), attractive yield farming incentives ($20%+ on stablecoins, 100%+ on other tokens) and gamified staking products (burn to earn). Greenhouse tokenomics are unique in that all DEX fees are utilized to buy-back and burn the GREEN token, meaning that the DEX has a value capture mechanism directly related to usage of the protocol.
Greenhouse DEX: The Greenhouse Proposal to Bootstrap Wormhole UST Liquidity is live on Agora, Terra money, Stable Kwon, Ox Polygon
$GREEN is seeking 500,000 UST to be utilized for liquidity mining initiatives to build UST presence on Polygon for the next 5 months.
These rewards would be issued via a staking pool, where users can utilize the GREEN token rewards earned from providing liquidity to UST pairs, to also earn UST rewards.
Greenhouse is a new decentralized exchange on Polygon that builds and drives liquidity for layer-one blockchains, bridges, existing and emerging projects.
Greenhouse offers the lowest trading fees on Polygon (0.18%), attractive yield farming incentives ($20%+ on stable coins, 100%+ on other tokens) and gamified staking products (burn to earn).
Greenhouse is a UST preferred DEX on Polygon that is already incentivizing many Wormhole UST pairs and will be expanding these incentives further as we further expand on Polygon and beyond.
UST can flow onto Polygon using a non-inflationary sustainable DEX that is willing to provide rewards for a stable coin that is not yet native to Polygon.
Providing rewards in UST will increase the speed at which UST is adopted and increase the overall volume of UST traded on Polygon. This will lead to increased minting of UST, additional bridging to other blockchains, and drive further value for the Terra ecosystem.
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