Hi HODLers, Fantom and SpiritSwap lovers,
This article is summing up the different bribes offer this week for inSpirit holders. And there are a lot!
What are bribes?
To make it simple, by holding $SPIRIT tokens and staking them, you can then vote to which pools the weekly new $SPIRIT will go.
To get your votes for their pools, these projects will give an extra reward to wallets voting for them (pro rata of the total inSpirit voting power for their pool).
I hope I was clear, otherwise just comment under this post.
This week starting on Thursday 00:01 AM UTC, these new emission will be locked and bribes will start being paid.
The total amount of bribes announced is c.$87,000! This is a huge amount adding some nice APR to inSpirit HODLers.
Bribe #1 $beFTM from Beefy
Beefy is one of the top DeFi Platform out there. It is cross chain and has quite a nice size on the Fantom Network. I am very happy to see them go further and even interact with SpiritSwap through the Bribe system.
Beefy Finance is generously offering $10,000 worth of BIFI tokens as a bribe for inSPIRIT holders who vote on the newly added beFTM-FTM gauge.
Full link to the announcement here: https://discord.com/channels/828379914074980423/832038237987405854/952728908304900096
Beefy Website: https://beefy.finance/
Bribe #2 $GRO from Growth DeFi
I do not know this project but I am very happy that they plan to contribute to the overall Bribes system on SpiritSwap. They do offer a small dollar bribe value but I guess they might really increase their exposure to Fantom DeFi Farmers.
Bribe: $5,000 worth of GRO tokens
Growth DeFi provides an advanced suite of products to blockchain protocols and investors, helping to increase their capital efficiency.
Full link to the announcement here: https://discord.com/channels/828379914074980423/832038237987405854/952675953568542782
Groth DeFi Website: https://growthdefi.com/
Bribe #3 $MIDAS Investments
As per tradition, we are providing AMA with one of our most recent bribers, Midas Investments! They have generously offered a bribe of 30,000$ USDC for inSPIRIT holders who vote for MIDAS-FTM gauge!!
Full link to the announcement here: https://discord.com/channels/828379914074980423/832038237987405854/952728908304900096
Midas Investments Website: https://midas.investments/
Bribe #4 $COMB Finance
$COMB Finance is a DeFi as a Service Project. I have no insight but they are planning to do eveyrhting from DeFi, NFT to Metaverse.
In(the)Spirit of good faith, their Hive is offering $42,069 worth of $COMB as an airdrop bribe for inSpirit holders who vote on the newly added COMB-FTM gauge.
Full link to the announcement here: https://discord.com/channels/828379914074980423/832038237987405854/953095884302856292
Their website: https://comb.financial/
