Loop Finance continues to attract investors and capital, 3 weeks after its launch the DEX has raised $ 27 million in TVL, a great result but it is really only the beginning. LOOP is increasingly attractive and the merit goes to the very profitable pools and the considerable advantages that users will be able to benefit from future airdrops.
There are currently several possibilities to obtain LOOP, the LOOP Finance DEX governance token:
Liquidity at pools: an excellent possibility of obtaining rewards simply by providing liquidity in the DEX, in particular in the pools with a LOOP-UST, LOOPR-UST and LOOP-LOOPR pair, is in progress until October 28th. The initiative is valid for all those who have participated in the campaign since 07 October, remember that there are 2 million LOOPs in the prize!
Hold LOOPR: all those who keep LOOPR in the Valance account, in the Terra wallet or in the pools, each month will receive a certain number of LOOPs in proportion to the amount of tokens. At the moment the cost of the token is $ 0.004, a very cheap price and soon this value will be only a distant memory.
FARM: the LPs obtained from the liquidity supply of some pools can be productive in the FARMs that generate LOOP rewards in proportion to the LPs used.
LOOP generates LOOP. With the release of the V1 of the DEX, it will also be possible to block in the staking LOOP and get a part of the rewards of 25% of the exchange fees.
LOOP and LOOPR Price
LOOP at the moment has a value between $ 0.70 and $ 0.75, a price obviously also difficult to analyze because as mentioned at the beginning of the post, the exchange is really very young and there is no history to carry out some kind of analysis. Personally, I expect a greater demand for LOOP when the other cryptocurrencies are integrated into the DEX and this should happen in the coming weeks.
LOOPR deserves particular attention, $ 0.0004 is really too below price, as it is the token that will be most considered for the next LOOP airdrops. So in my opinion it is a good strategy, if you want to achieve LOOP, accumulate LOOPR over time and probably gain double the benefit of a probable increase in the price of the token (the team is working to create further benefits for its stakeholders!)
Waiting for further updates.
Thanks for reading my post