Virtue Poker’s ($VPP) Launches New LP Staking Program with 200,000 VPP monthly rewards

We are excited to announce the new launch of the $VPP LP Staking program on Uniswap and  on PancakeSwap that will run for the next 90 days

Users will now be incentivized to provide liquidity into the ETH/VPP on UniSwap pool and BNB/VPP on PancakeSwap.

Users can send VPP between BSC and Ethereum mainnnet via this bridge:

Liquidity Provider Rewards

In addition to the 0.3% trading fees earned, whitelisted LPs will also earn their share of the 125,000 $VPP provided to liquidity providers on Uniswap, with 75,000 $VPP being rewarded to liquidity providers on Pancakeswap on a monthly basis.

The program will incentivize the LP’s over the course of 90 days. The rewards will be divided equally among LP’s based on their percentage of the liquidity pool each month.

The program begins today, July 30th 2021 at 4pm UTC.

How do you start staking

Token holders need to provide liquidity to ETH/VPP or BNB/VPP pair in equal proportion on Uniswap (V2)/PancakeSwap here:

  1. Provide liquidity in ETH/VPP on Uniswap or BNB/VPP liquidity pool on PancakeSwap for a minimum of 30 days
  2. Whitelist your address here
  3. That’s it!

By providing Liquidity you would be earning Uniswap UNI-V2 LP or CAKE-LP tokens representing your position. The number of tokens will be proportional to your share of the pool.

Additional Information

  • You can learn how to become an LP here.
  • We require 0.4 ETH or 3 BNB minimum
  • Start date: immediately
  • Recommended reading: please read this article if you’ve never participated as a LP before.
  • The available rewards are divided throughout the entire pool. If someone is providing liquidity and does not whitelist their address, their share of the rewards will not be redistributed to the rest of the pool.
  • The program will continue monthly unless we announce otherwise.
  • We reserve the right to cancel or modify the program for any time and for any reason.
  • You must provide liquidity for a minimum of 30 days before you're eligible to get rewards.

About Virtue Poker

Virtue Poker is a decentralized poker platform that uses the Ethereum blockchain and peer-to-peer networking to provide an online poker site that’s safe, honest and fun.  VirtuePoker is ConsenSys-incubated and is licensed and regulated by the Malta Gaming Authority.  Most importantly Virtue Poker never has custody of players’ funds.

Virtue Poker will be hosting a celebrity poker tournament in August, featuring NBA Hall of Famer Paul Pierce, Poker Hall of Famer Phil Ivey, YouTube phenom MrBeast, ConsenSys Founder Joe Lubin, TRON founder Justin Sun, and Binance Founder CZ.

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