s3F StableVault Incentives
The s3F StableVault went live last week, allowing users to swap FRAX, TUSD, and USDT with low slippage and low fees.
In the coming months, lending protocols will be launching on Avalanche (Benqi, BzX). StableVault is in a position to integrate with these protocols and boost APRs for liquidity providers. However, until this happens, we realize there is little incentive to deposit into StableVault.
To encourage liquidity deposits in the interim, we are announcing a one month incentive program that will distribute 80,000 SNOB to liquidity providers of this pool. This program is set to end around the time the first lending protocols arrive on Avalanche and aims to give liquidity providers the chance to prepare before integration.