The incentives program challenges the zero-sum status quo of traditional liquidity mining, promoting long-term network performance and success
Domination Finance is pleased to announce a new integration with Boba Network, a leading L2 scaling solution. With Boba, the user experience of executing transactions and providing liquidity on Domination Finance will become faster and more cost effective. In tandem with this integration, Domination Finance will also be joining Boba Network’s WAGMI incentives program, developed in partnership with UMA Protocol.
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To incentivize network adoption, this program enables projects like Domination Finance to provide rewards to users via WAGMI Options, which are KPI Options with $BOBA payouts based on the performance metrics of Boba Network.
“Incentivizing positive-sum collective actions will be key to the continued growth and adoption of the DeFi ecosystem,” said Alan Chiu, Founder of Boba Network. “We are thrilled to have Domination Finance join us at the forefront of this endeavor.”
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“Integrating with Boba Network was a natural next step for expanding Domination Finance’s cross chain capabilities,” said DomFi co-founder Michal Cymbalisty. “WAGMI Options provide a unique way to align individual user interests with the collective interests of the network, and we are excited to be part of Boba’s efforts to pioneer new incentivization structures.”
Domination Finance will be retroactively airdropping WAGMIv0 Options to liquidity providers on the Boba Network on March 1st. To qualify, add liquidity on https://domination.finance/ anytime in the month of February. The earlier you add, the more you’ll earn.
Please note this airdrop will only be available for LPs on the Boba Network. LPs on Ethereum or Polygon do not qualify for WAGMI incentives as this is a Boba Network specific program.
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