The Parex ecosystem presents PoolBoost—a new approach to decentralized liquidity, offering users a chance to earn higher rewards.
What Makes PoolBoost Unique?
PoolBoost sets itself apart from traditional staking models by incentivizing liquidity providers (LPs) to maximize their earnings. By staking LP tokens, users gain access to boosted rewards while strengthening the Parex ecosystem’s liquidity. The system is designed to reward early and active participants through dynamic APR rates and transparent real-time pool share calculations.
How to Stake with PoolBoost: A Step-by-Step Guide
To get started, add liquidity to the PRX/USDT pair, receiving LP tokens. Connect your wallet to the Parex dApp and select the PoolBoost option. Enter the amount of LP tokens to stake and confirm the operation. Use the 'SHOW POOLBOOST' button to track your assets and accrued rewards.
Rewards and the Future of PoolBoost
Rewards are distributed every hour. The first 500,000 PRX staked in PoolBoost enjoy a 100% APR. Once this cap is reached, the pool closes. New pools may open based on community demand and ecosystem needs. PoolBoost provides an opportunity to earn competitive yields and strengthen Parex liquidity.
PoolBoost offers not just earning potential but also participation in a decentralized future. With high yields and community engagement, it is a vital part of the Parex ecosystem.
