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Dear PhotonSwap users, 

Over the last weeks PhotonSwap has been in talks with Elk.finance to unite market outreach efforts and create co-marketing opportunities so that both parties may gain from each other’s networks. 

An agreement has been reached so that:

  • 1 single side staking pool will open on Photonswap; 
  • 1 $ELK/$CRO pool will open on Photonswap;
  • 1 $ELK/$PHOTON will open on Elk.finance;

The $ELK/$CRO farm on Elk.finance standardly provides $ELK rewards, but on Friday 10 2021 we will provide an additional temporary boost to that farm’s rewards on their end with $PHOTON rewards to drive adoption and increase rewards further.

On the Photonswap side of the collaboration, $PHOTON users will have the opportunity to single-sidedly stake $PHOTON and get $ELK rewards as well as stake LP tokens in a $CRO/$ELK farm with $PHOTON rewards.

Aside from the details of the partnership with Elk.finance, other liquidity pools have been opened:

  • a single sided $PHOTON staking, with $PHOTON rewards;
  • a stable pool with the $USDC/$USDT pair and rewards in $PHOTON;
  • last but not least, an $ICY/$CRO pair with rewards in $ICY.

This latest development took place as icycro.org minted their ICYCro token on DexPad. 

Make sure to stay up-to-date with all the recent developments by tuning into DexPad and PhotonSwap

Cordially, 

The DexPad and PhotonSwap team.


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