Bittime - Decentralized Exchange (DEX) Jupiter has just announced three project candidates for the third round of its Liquidity Fundraising Gauge (LFG) program. The three candidates are deBridge (cross-chain interoperability protocol), Divvy.Bet (betting or betting platform), and Exchange Art (NFT platform).
What is Liquidity Gets Furnished (LFG)?
The Liquidity Fundraising Gauge (LFG) program is a Jupiter program which aims to increase liquidity on the Jupiter platform. To select the projects most deserving of LFG, Jupiter will select crypto projects, then provide liquidity facilities.
- Selecting Promising Crypto Projects: Jupiter selects crypto projects that are considered potential and have a good future.
- Providing Liquidity Facilities: Jupiter allocates funds or other resources to help selected projects increase the liquidity of their tokens on the Jupiter platform.
- Attracting Investors and Traders: With attractive crypto projects and guaranteed liquidity, it is hoped that more investors and traders will be interested in using the Jupiter platform.
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LFG Jupiter Voting
As previously announced, Jupiter will open voting for the third round of LFG on May 22 2024.
Users who own Jupiter tokens (JUP) and participate in active staking have the right to vote and vote for the projects they believe will make the best contribution to the development of the Jupiter ecosystem.
Also Read How to Buy Crypto:
Getting to know the Jupiter LFG Candidates
To help users get to know the three LFG candidates better, Jupiter has provided a special channel on the Discord platform.
Through this channel, users can interact directly with the development team of each project candidate.
The Jupiter team also invites all users to join in the conversation and via the Discord platform.
Stake and Get Rewards!
Apart from interacting with the three LFG candidates, every voting participant who actively stakes also has the opportunity to get Active Staking Rewards (ASR).
So, make sure you participate in the voting and vote for the candidate you believe is best suited for Jupiter's future!
By participating in LFG voting and choosing the best project, you have contributed to the progress and development of the Jupiter ecosystem.
Check Crypto Prices Today:
How to Buy Crypto with Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
Get to know Jupiter (JUP), Solana's DEX Rival Uniswap
Free Jupiter (JUP) Airdrop: Latest Mechanism and Guide
Criticism Surrounds Jupiter Airdrop, But Support Remains Unwavering
DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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