Aark $ARB Incentive Program for Liquidity Providers

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Aark’s distinction relies on its advanced LP structure that allows for a diverse set of assets for liquidity provision.

Aark is the first Perp DEX that allows LST and LRT as LP assets to counterparty against Perp traders, enabling multi-rewards, including LRT/LST rewards and real yields generated from trading fees.

To establish abundant liquidity for traders while ensuring more yields for LPs, Aark decided to deploy $ARB Incentive Program for Liquidity Providers based on LRT/LST assets.

Now, let’s delve into the details of this exclusive multi-yield opportunity!

Duration

The program is scheduled for 12 weeks, starting on June 5th, 2024 at 00:00 UTC and concluding on August 20th, 2024 at 00:00 UTC.

Reward Policy

You will earn $ARB weekly, based on your LST/LRT collateral size relative to the total TVL of LST/LRT deposits. Your rewards will be finalized and claimable every Wednesday at 00:00 UTC.

To be eligible for rewards, users must meet the following minimum requirements:

  • Hold at least 1x leveraged AALP position.
  • Maintain AALP size above $2,000.

*Important Note: $ARB rewards must be claimed before the program ends. Any unclaimed $ARB will be reallocated to other marketing campaigns.

Reward Allocation

The total allocation for $ARB Incentive Program for LP is 126,000 $ARB. If a user claims $ARB rewards, they will be deposited to LP accounts.

Collateral Requirement

Since this is for LPs based on LST/LRT assets, users are required to open their AALP positions with the following collaterals only:

  • wstETH
  • rETH
  • weETH
  • PT eETH

How to Provide Liquidity

  1. Go to the AALP page.
  2. Click Deposit on the upper right side of the page.
  3. Click the dropdown menu under the Asset section and choose your preferred LST/LRT asset.
  4. Type in the Amount and click Deposit.
  5. Now click Provide LP
  6. Choose ratio or move the slide bar to decide the size of your position. Your AALP size must be equal to or higher than the value of deposited assets to be eligible for $ARB rewards.
  7. Confirm from your wallet to secure your position.
  8. You can check your AALP status on the AALP page.

*Pro Tip: You can directly swap your other assets to LST/LRT assets through Aark’s Swap feature on the LP Account page.

AALP Page
AALP Deposit Page
Provide LP Page

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