Introduction
Boost ⚡
Pharaoh Exchange Boost Initiative
Pharaoh has just launched it's boost initiative for participating LP positions as well as Voter Incentives! No matter if you have vePHAR or are hosting liquidity on our platform you may be earning excess rewards during the program. In short, this is Pharaoh's way of increasing demand and yield across the Avalanche C-Chain ecosystem. By increasing incentives across our platform we plan to help bolster higher TVL and volume generation chain wide.
Liquidity Providers
Provide liquidity in participating pairs to earn your share of sAVAX & ggAVAX rewards! In total 75% of all Boosted Incentives will go towards LP's across the protocol.
How to find Boosted LP's?
Finding boosted pairs is as easy as going to the Pharaoh Exchange liquidity page and selecting the Boosted filter:
Another way is by simply looking for the BOOSTED badge:
Check out our Guides on Creating Liquidity & Farming for a How-to guide on creating your first LP pair and earning those extra LST's!
Voters
Voting is the process of governance Pharaoh uses each week to determine the following weeks PHAR emission schedule. In return they are given 80% of the fees to the pairs the user votes for.
To vote users lock $PHAR to convert into vePHAR and ensure votes are placed BEFORE 00:00 Thursday UTC to earn their share in Vote Incentives & Fees.
Learn more on why voting is essential to Pharaoh in our Core Concepts Voter Escrow section.
How to Find Boosted Vote Incentives?
Finding boosted vote incentives can be done by going to the Pharaoh Exchange vote page and selecting the incentivized filter:
From there you can simply hover over the Information icon under the rewards column to see an overview of incentives placed on that pair:
Be sure to check out Voting under the guide's section to learn about EPOCH times, how to assume rewards, and become a more efficient voter for the platform!
Conclusion
The Pharaoh Exchange Boosted initiative is expected to last for 3-4 months before concluding and plans to increase TVL dominance chain wide, while also increasing yield oppurtunity on key markets for Avalanche C-Chain.
Keep an eye out on Twitter & Discord for any major changes in the program and read over the guides here in the Official Documentation!