Discontinued Staking Programs

Information about discontinued SAND staking programs.

Discontinued SAND-ETH Staking Program

Traders who provide liquidity to the $SAND/ETH pair on UniSwap were be eligible to share a monthly allocation $SAND. Rewards were distributed pro-rata relative to a traders’ percentage of total liquidity over the course of a one month period. Participants also earned NFTs for each month they remained in the staking program.

Liquidity Providing Tokens (LP)

In order to stake liquidity within a program, you need LP tokens, which stands for Liquidity Providing tokens. They represent the amount of tokens that you have locked within the liquidity pool.

Discontinued SAND-MATIC Staking Program

SAND holders who provide liquidity to the $SAND/MATIC pairs on Polygon were eligible to share a monthly allocation $SAND. Rewards were distributed pro-rata relative to a traders’ percentage of total liquidity over the course of a one month period.

Liquidity Providing Tokens (LP)

In order to stake liquidity within a program, you need LP tokens, which stands for Liquidity Providing tokens. They represent the amount of tokens that you have locked within the liquidity pool.

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