✨ Our liquidity mining program is one of the major initiatives we are spearheading to decentralize governance of the Pillar Smart Wallet, making it the first-ever truly community-owned wallet.
📈 Participants will earn governance weight over the Pillar DeFi Wallet… and the incentive structure means less risk and more rewards for PLR token holders.
🤝 The Pillar Foundation is providing a 1:1 match for the net outflow of PLR tokens of early participants. If a liquidity provider’s PLR balance goes down over the first week, the Pillar Foundation gives these tokens back in order to move the PLR balance back to the initial one.
💰 That means you’ll have the same number of PLR... and more ETH. In other words, we’ve temporarily eliminated the risks associated with liquidity mining.
🚀 The more liquidity you provide, and the longer you are in the pool, the higher your rewards.
Learn more and join the mission! 👇