SushiSwap launches concentrated liquidity rewards on the Arbitrum network
ChainCatcher news, the decentralized trading platform SushiSwap has launched concentrated liquidity (CL) rewards on the Arbitrum network. Sushi uses Merkl (developed by the Angle protocol) to provide a rewards solution for liquidity providers, allowing users to claim rewards with one click without needing to stake, currently only supporting rewards on the Polygon, Optimism, and Arbitrum One networks.
In addition, Merkl analyzes pool swaps and calculates the reward score for each position based on factors such as trading volume and provided liquidity. This weighted score aligns rewards with each LP's contribution, ensuring fairness. (source link)
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
