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press release
Bitcoin.com are pleased to announce that Verse Farms is live on Verse DEX. Anyone can now deposit selected Liquidity Pool (LP) tokens into Verse Farms to earn additional rewards on top of the trading fees already earned for providing liquidity.
The first Verse Farm is for the VERSE/ETH pool with a starting APY of ~80%. More farms will be added soon.
“Yield farming for VERSE tokens helps increase liquidity on the Verse DEX, which improves the trading experience on this important piece of decentralized infrastructure,” said Bitcoin.com CEO Dennis Jarvis. “This is a critical early step toward making VERSE widely useful in Bitcoin.com ecosystem.”
VERSE, which launched in December 2022, is Bitcoin.comits reward and utility symbol. VERSE fuels the growth and expansion of Bitcoin.comits ecosystem, which includes over 37 million self-deposit wallets created in its multi-chain DeFi-ready mobile app, the Bitcoin.com wallet. The ecosystem also includes the award-winning Bitcoin.com News portal with over 2.5 million monthly readers.
The VERSE token’s utility will include unlocking rewards along tiers, payment method i Bitcoin.com ecosystem and beyond, access to exclusive platform services and more. Ultimately, VERSE will help expand access to decentralized finance, allowing more people to benefit from the financial freedom and democratized finance it enables.
Visit to deposit LP tokens and start earning 80% APY.
VERSE tokens are utility tokens designed for use on Bitcoin.com. VERSE tokens are not shares, bonds, shares in a collective investment scheme, securities or other instruments commonly called securities of any kind. VERSE Tokens are not offered for sale to US persons and are not available for purchase in the US, Japan or otherwise as may be specified by Bitcoin.comfrom time to time.
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