$VENI Genesis Mining

VENI token serves as the primary governance token for the Venice Finance platform. It has a crucial impact on the platform's operations and decision-making process. With the Genesis mining program, users can earn VENI tokens as rewards for adding liquidity to the platform's pools, contributing to the growth and success of the Venice Finance ecosystem.

By providing liquidity to the platform's pools, users can receive rewards in the form of VENI tokens. The rewards are allocated proportionately, meaning that those who contribute more liquidity will receive a larger share of the rewards. According to the Venice Finance's first-year liquidity mining schedule, the Genesis mining rewards for the VENI token are projected to reach a substantial amount of 16 million VENI within the first 90 days.

Genesis Mining Pool Parameters (First 90 days):

Total

FRA/VENI

FRA/ETH

FRA/USDT.e

FRA/BUSD.b

FRA/BNB

Pool Parameter

10

4

2

1

1

2

LP Farm Rewards per Day

16,000,000.00

71,111.11

35,555.56

17,777.78

17,777.78

35,555.56

As part of the Genesis Mining phase, Venice Finance will support liquidity farming in the following pools:

  • FRA/VENI

  • FRA/ETH

  • FRA/USDT.e

  • FRA/BUSD.b

  • FRA/BNB

To incentivize users to participate in these pools, the rewards for mining VENI will be at an all-time high compared to other release stages. This presents a unique opportunity for users to earn VENI tokens through liquidity farming and contribute to the growth of the Venice Finance platform. By providing these high rewards for VENI mining during the Genesis Mining phase, Venice Finance hopes to attract new users and promote the adoption of the VENI token as an integral part of the platform.

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