Overnight Finance Announces OVN Staking and Revenue Sharing
Overnight Finance Announces OVN Staking and Revenue Sharing
🌙 Staking Just Got Juicier
Overnight Finance is launching a new staking program for $OVN token holders. The initiative will combine revenue sharing with the existing buyback program.
Key updates:
- Revenue sharing mechanism for OVN stakers
- Continuation of existing buyback program
- Integration with current bribe model on Aerodrome
- 80% of pool fees used for OVN buybacks
- Daily bribes for Concentrated Liquidity pools
The system is currently active for DOLA/USD+ and USDC+/USD+ pairs, with plans to expand to additional DEXs and pools. This development follows the October implementation of their new bribe model, which processes approximately 9,000 OVN in weekly bribes.
Visit app.overnight.fi to participate.
Excited to share that $OVN staking is on the horizon! 💎✨ We'll be introducing revenue sharing with OVN stakers while maintaining our buyback program. Want to learn more about our plans? 🦥 👉 Check out the full update here: overnightdefi.medium.com/from-dusk-till…
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