Movement announces the launch of the DeFi Spring program, which will provide up to 250 million MOVE as incentives

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ChainCatcher reports that the Movement Foundation officially announced the launch of the DeFi Spring program today, which will last for one year and provide up to 250 million MOVE tokens as incentives.

The DeFi Spring program is divided into two parts: The first part is Move-based liquidity incentives, where users can earn rewards by trading or providing liquidity on Dapps such as Arche Protocol, Canopy, Echelon, Joule Finance, LayerBank, Meridian, mirage protocol, Mosaic, Movedrome, MovePosition, PicWe, Pontem Lumio, Route-X, and YUZU

This part of the incentives is now online; the second part is the redeposit incentives for Cornucopia assets, with the redeposit window to be opened in the coming days after the Cornucopia assets are unlocked.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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