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Home Defi

StellaSwap Partners with ZooDAO – Smart Liquidity Research

Islet crypto by Islet crypto
March 8, 2023
in Defi
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StellaSwap Partners with ZooDAO – Smart Liquidity Research
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StellaSwap partners with ZooDAO for Asset Launch on Moonbeam’s Pulsar. ZooDAO is the first community-governed platform to enable users to generate passive income from NFTs via gamification.

ZooDAO’s innovative approach towards powering NFTs with utility allows them to go beyond the traditional reward mechanisms of yield farming to introduce an exciting new element of NFT ownership: NFT Battles.

Introducing NFT Battles

NFT Battles are the flagship feature of ZooDAO, enabling users to generate a yield from their digital assets through gamification.

Battles are divided into 5 stages, detailed below. Each stage of the flowchart indicates which individuals are involved — NFT Holders, or NFT Voters. In some stages, both NFT Holders and NFT Voters have a role to play. Here’s a full round-up of each of the 5 stages.

ZOO is Coming to Moonbeam’s Pulsar

StellaSwap is excited to launch ZooDAO’s farm on Pulsar, which has proven to be the most efficient AMM in DeFi.

StellaSwap is excited to launch ZooDAO’s farm on Pulsar, which has proven to be the most efficient AMM in DeFi. ZOO is the native token of ZooDAO that offers holders a broad range of utilities and benefits.

ZOO Launch Details

Given the success of Pulsar, StellaSwap will list ZOO on the first concentrated liquidity AMM on Polkadot. This ensures maximum capital efficiency and sufficient market depth for ZOO.

Here are the details for the upcoming ZOO farm launch

  • Farm Launch: ZOO— FRAX
  •  AMM: Pulsar
  •  Bridge: Native ZooDAO Bridge (Powered by LayerZero)
  •  Farm Type: Multi-Rewards
  •  Reward Token: STELLA + ZOO
  • Launch Date: 8 March

ZooDAO will launch their bridge in a few hours, so users can bridge their ZOO tokens from Ethereum to Moonbeam once it is live!

Additional Bonus: Stake xSTELLA for ZOO Airdrop!

In order to foster next-level NFT utility on Moonbeam, Stellaswap decided to add ZooDAO into its xSTELLA partner program that allows xSTELLA holders to get ZOO tokens for free!

The launch of the ZOO pool under xSTELLA will facilitate greater traction of ZOO across our community.

Here are more details:
  • Bonus: ZOO Airdrop
  • Venue: ZOO Pool in xSTELLA
  • Qualifications: Stake xSTELLA into ZOO pool
  • Duration: 2–3 Weeks
ABOUT Stellaswap

StellaSwap is a hybrid DEX that features a standard, stable and concentrated liquidity AMM to facilitate the most optimal price discovery for assets on Moonbeam.

Website | Twitter

ABOUT ZooDAO

ZooDAO is the first community-governed platform to enable users to generate passive income from NFTs, through gamification. ZooDAO introduces exciting new elements to NFTs and DeFi via its innovative No-loss NFT Battles.

Website | Twitter 

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