DeFi Lending Agreement Goldlink Launches Arbitrum Rewards Program, Will Distribute 75,000 ARBs to GMX Pool Lenders
June 29 (Bloomberg) -- DeFi lending protocol Goldlink has launched its Arbitrum rewards program, which is backed by the GMX grant program, the company said on the X platform. Starting June 30, Goldlink will distribute 75,000 ARBs to lenders in its GMX funding rate farming pool, raising the APY to 20%. Rewards will be distributed weekly, with the total weekly distribution amount determined by the lending pool TVL cap.
In August news last year , DeFi lending agreement GoldLink Finance closed a $1.4 million funding round led by Polychain Capital.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
FWOG's Market Capitalisation Surpasses $300 Million, a Record High
BlackRock IBIT's pre-market volume today was $61 million, 55 per cent active buy orders
Probability of 25BP Fed rate cut in November rises to 99.7% after NFP release
U.S. stocks open higher en masse after sharp non-farm payrolls blowout