Incentive Program for BSC-based Projects with SheepDex

SheepDex
SheepDex
Published in
2 min readNov 22, 2021

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Through an incentive program to support some of the projects on Binance Smart Chain (BSC), sheepdex.org invites these projects to join us and thrive in the BSC ecosystem in an open and collaborative way.

Incentives: You will be allowed to list certain token pairs (project token — stablecoin) on SheepDex (initial listing is supported). SheepDex will also offer users with a triple-incentive including trading fees, transaction rewards (swap mining) and yield farming (liquidity mining).

How to apply:

https://forms.gle/LMFPYisQn1XETrra7

We also invite users to recommend and connect such projects and they will e able to get a reward of 300–2000 SPC (depending on the liquidity provided).

Become a partner of SheepDex

Project Owners:

(Main concerns: not enough users to provide liquidity, trading slippage is too much (15%-30%), volatile prices, users are less confident)

1. Users will be offered with incentives by SheepDex, so they will be more willing to provide liquidity and stake their token pairs in the market-making pools;

2. The v3 concentrated liquidity on SheepDex allows liquidity to be concentrated in the price range near the spot price, which can increase the market depth of the project by several hundred times, stabilize the price and minimize the trading slippage.

3. Transaction rewards can minimize users’ loss and increase their enthusiasm.

Users:

(Main concerns: trading slippage, low yields, swap loss)

1. By providing liquidity, users can hold tokens and generate income, which in turn improves project’s liquidity and minimize the slippage.

2. Transaction rewards will help offset some of the costs.

About SheepDex

SheepDex is a transparent, private, and secured-credit decentralized concentrated liquidity platform for spot and derivatives trading. It offers Yield Farming and Transaction Rewards while allowing liquidity providers (LPs) to allocate funds within specific price ranges and provide them with transaction fee refunds if a swap occurs within that range. This greatly improves capital efficiency and provides users with better liquidity and ultra-low trading slippage. According to the roadmap, perpetuated contracts, leveraged tokens and other derivatives continue to be launched. SheepDex aims to be a decentralized Binance.

Website: https://SheepDex .org

Twitter: https://twitter.com/SheepDex

Discord: https://discord.gg/HPcTX23vPT

Medium: https://medium.com/SheepDex

Telegram: https://t.me/SheepDex

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SheepDex
SheepDex

SheepDex is 1st decentralized cross-chain liquidity aggregation platform integrating spot and derivatives on BSC with 0 Funding Rate Perpetual Contract.