How to participate in O3 Swap's LBP and stablecoin cross-chain mining

secondary title

What are LBPs?

LBP (Liquidity Bootstrapping Pool) is a smart pool (Smart pool), which will change the weight of the tokens in the pool over time, and is a variant of the Dutch auction or reverse auction. Over time, if no one buys it, its price will drop.

Please understand how it works before participating in LBP, and make sure to buy within a reasonable price range, do not FOMO. If no participants buy, Balancer will change its pre-determined pool weights to drive down the price.

secondary title

O3 LBP Key Parameters

At the beginning of LBP, we will invest 3.5 million O3 and 800,000 USDC, with a starting price of $5.49 per coin. see details

O3 token address:

0xEe9801669C6138E84bD50dEB500827b776777d28

remind:

1. Because it is a reverse auction, be rational before making any trading decisions.

secondary title

how to buy

1. After the LBP starts at 15:00 on May 13, clickhttps://balancer.exchange/#/swap。

2. Click "Connect" in the upper right corner and select the wallet as shown in the picture.

3. After connecting the wallet, go back to the home page and select "Assets".

O3 is purchased in the form of transaction pair O3/USDC in LBP.

Please make sure you have enough ETH in your wallet to cover the gas fee.

If you choose another asset, Balancer will automatically convert it to USDC and then trade it to O3. Additional steps may result in increased transaction fees.

4. Enter the contract address of O3: 0xEe9801669C6138E84bD50dEB500827b776777d28, please make sure the address is correct.

secondary title

How to participate in O3 Swap's stablecoin cross-chain mining

USD-LP 

By adding the stablecoin liquidity of the Ethereum/BSC/Heco mainstream blockchain network to the Cross-chain Pool in the Hub section, Deposit generates a cross-chain stablecoin LP (USDT/BUSD/HUSD), referred to as USD-LP.

Subsequent Staking USD-LP on the Vault interface can get O3 Token rewards, and the status is to be unlocked.

O3/USDT-LP

Enter Uniswap through Get LP, add O3/USDT liquidity to generate O3/USDT-LP, and the LP token Stake can generate two benefits:

1. Stake participates in mining to obtain the status O3 to be unlocked

2. Stake to unlock the frozen state O3 in the account

O3 Staking

O3 that can be circulated in Swap can be directly staked to obtain O3 rewards to be unlocked.