Pharaoh Introduces Dual Reward System for FX and LST Liquidity Providers
Pharaoh Introduces Dual Reward System for FX and LST Liquidity Providers
🔄 Double rewards unlocked
Pharaoh has implemented a new reward structure for Foreign Exchange (FX) and Liquid Staking Token (LST) liquidity providers on its V3 platform.
Key Changes:
- LPs now earn 75% of trading fees generated by their pairs
- Existing PHAR token emissions continue alongside fee sharing
- Rewards are tied directly to on-chain trading activity rather than emissions alone
This dual-income model aims to create more sustainable incentives for liquidity providers by combining protocol emissions with actual trading volume performance. The update applies specifically to FX and LST pairs on the platform.
For FX and LST LPs on Pharaoh, the update is simple: keep earning emissions AND also earn back 75% of the fees your pair generates. @LHBCrypto explains the benefits 🗣️
FX and LST pairs just got a BIG upgrade on Pharaoh. Instead of relying only on emissions, Foreign Exchange and Liquid Staking Token pairs now receive 75% of the fees generated by their liquidity, plus added PHAR incentives. A stronger reward model tied directly to onchain
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