Ampleforth Launches 9 New $AMPL Faucets for Liquidity Providers

Ampleforth Launches 9 New $AMPL Faucets for Liquidity Providers

By Abhimanyu Krishnan | News | 21 Aug 2020


The Ampleforth (AMPL) Foundation announced the launch of 9 new liquidity pools for its $AMPL token. Ampleforth's liquidity program called Geyser initially launched on June 23. The team now decided to expand beyond Uniswap, making 9 pools at mooniswap eligible for liquidity providers to receive extra $AMPL tokens.

  • The Geyser Enceladus program will reward LPs with up to $225,000 in pool rewards over 3 months
  • Rewards will double for top 3 pools on August 28
  • MOONISWAP staking is eligible for the following pools: AMPL-BAL, AMPL-BZRX, AMPL-COMP, AMPL-CRV, AMPL-LINK, AMPL-MKR, AMPL-NMR, AMPL-YFO, AMPL-YUSD
  • Ampleforth is one of the most popular assets in the DeFi space, having the largest Uniswap liquidity pool
  • It also briefly overtook Maker (MKR) in terms of market cap

Related Reading:

  • Ampleforth launches Geyser liquidity mining program

Abhimanyu Krishnan
Abhimanyu Krishnan

Technophile, cryptocurrency enthusiast and journalist.


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