The Ternio ($TERN) Uniswap Rewards Program
Earn TERN – Up to $5,000 each month – for adding Uniswap Liquidity
A few months ago we migrated 100 million TERN from Stellar to Ethereum in order to tap into all of the benefits Ethereum, and the ETH community offered. You can read more about the $TERN cross chain migration here.
We want to support the utility, liquidity and overall functionality of the ERC-20 TERN ecosystem and make it just as strong as the Stellar version of TERN. In addition, we want to reward the people that help make that all possible. You may already know that you can yield-farm TERN on Uniswap and earn 0.3% fee generated on the Uniswap trade.
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However, we’re going to make even better for you! Wallets that provide ETH/TERN liquidity on Uniswap will be entitled to a share of up to $5,000 in ERC-20 TERN every 30 days (relative to how much you contribute in the pool). Just for providing liquidity on Uniswap, you can earn your piece of $5,000 monthly in addition to your 0.3% Uniswap fee.
All you have to do is make sure your ETH & TERN are held in the Uniswap pool for a minimum of 30 days. The “earn TERN” program is automatically renewed on a monthly basis unless you withdraw from the pool or is otherwise stated.
How to Qualify
- You must have locked in at least 1 ETH worth of liquidity on the ETH/TERN pool for at least 1 month.
- Your Ethereum address must be supplied in this form – WHITELIST ADDRESS
At the end of each 30 day period we will distribute TERN to those wallet addresses that have qualified and staked for liquidity, proportionate to their contribution. The more liquidity you add, the higher your percentage of the $5,000.
How to get TERN
The easiest way to get ERC-20 TERN is to purchase it on Uniswap, IDEX, or BiBox. If you already have ERC-20 TERN, then make sure you’re providing liquidity on Uniswap based on the criteria above. TERN payouts are sent to your whitelisted address at the end of each month.
Disclaimer: Please keep in mind you cannot control the amount of any individual token (ETH or TERN) you get out of the pool. Sometimes the amount can consist of a larger share of ETH than TERN or vice versa. Ternio has no control over lost funds on Uniswap. Ternio reserves the right to modify, change, or cancel this program at any time.
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Ian Kane is the COO of Ternio