Back to Blog

Announcing a new Verso Finance farming pool on Avalanche

Onuora Amobi·February 2, 2022
Staking
TrustSwap
Announcing a new Verso Finance farming pool on Avalanche

Exciting news coming up for the $SWAP community and stakers. Verso Finance, the first TrustSwap incubator company and the first-ever launchpad on Avalanche has announced a new farming pool on Avalanche. $SWAP stakers will be able to earn lucrative amounts of $VSO tokens by staking their SWAP via the TrustSwap staking portal.

Verso is a decentralized marketplace for the regulated financial service industry. Verso provides financial service providers with access to previously inaccessible consumers allowing them to access exciting new product offerings directly from their preferred wallet. The project is backed by top-tier investors including Gate.io, AU21 Capital, DFG, JRR, and NGC. Verso is also the first project launched via the TrustSwap Incubator Program.

On February 1st, Verso Finance will allocate 200k $VSO tokens for SWAP stakers as reward tokens over a period of 30 days. You can even grab some extra $VSO for your wallets by performing the following tasks:

Task 1) Watch and answer: https://34m9eb4tqzp.typeform.com/to/k2TLZkY4 (includes video)

Task 2) Follow https://twitter.com/versofinance, and like & retweet one of their latest articles: https://link.medium.com/MuGS1JK9Tmb with the hashtags #GrabVerso

Task 3) Do tasks 1 & 2 and Join Verso on Telegram https://t.me/versofinance and participate in an extra raffle to win 11 X 5K VSO tokens!

$SWAP stakers can further benefit from compounding $VSO by depositing $VSO tokens into one of Verso’s lockup pools. See https://staking.verso.finance/ for more details.

Rules:

  1. Using someone else’s or fake/inactive Twitter accounts automatically disqualifies participation (inactive Twitter accounts = accounts with no activity and less than 15 followers).
  1. Staking from multiple addresses automatically disqualifies participation.

Allocation tiers

To make the experience more interesting we’ve designed several allocation tiers based on the actions you are willing to take:

  • 200k VSO as rewards for those who stake SWAP
  • 50k VSO for those who perform activity 1
  • 50k VSO for those who perform activity 2
  • 55k VSO for the lucky draw for those who did task 3. lucky draw to take place on February 19th.

You can stake directly on the TrustSwap dashboard here.

The winning addresses will be displayed on TrustSwap's lottery page.
Stay tuned for further updates on the new Verso farming pool by following TrustSwap’s official Telegram announcement channel as well as Verso Finance’s Official Telegram announcement channel. You don’t want to miss this.

Share
Back to Blog