🥩LP Staking
Introduction
LP Staking within the Nebula Platform is strategically designed to secure liquidity, ensuring a robust market for integrated meme coins. Initially focusing on $PPEPE, $PEPE, and $SHIB tokens, the process involves participants staking their liquidity pool (LP) tokens derived from supplying liquidity to these coins' trading pools.
Staking Mechanism
Supply Liquidity: Users provide liquidity to the trading pool of $PPEPE, $PEPE, or $SHIB.
Stake LP Tokens: The acquired LP tokens are then staked in the Nebula LP staking mechanism.
Rewards: Stakers are rewarded with $PPEPE tokens, and their LP tokens are locked, reducing circulation and enhancing liquidity stability. PPEPE-LP staking rewards are in $SDIV.
Incentives
Daily compounding reward rate of 0.05% that increases 0.05% daily for 100 days, incentivizing long-term HODLing.
Opt-in for $SDIV airdrops just by LP Staking (Part of Phase 1 - Mining, LP Staking, and Vesting all are airdrop eligible actions)
Interactions such as staking more tokens, claiming rewards, or unstaking will reset the reward rate and emission rate.
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