The Common AMM is here! You can already provide liquidity to get Common LP Drops and other rewards. It’s time to kick-start DeFi on Aleph Zero!
The Common Automated Market Maker (AMM) has just been released on Mainnet! Common AMM is one of the first DEXes on Aleph Zero, marking the beginning of a new era for DeFi on the network.
You can already explore these exciting features now:
- Liquidity Pools – Contribute to pools and earn rewards;
- Liquidity Farming – Stake your tokens and watch your rewards grow;
- MOST Bridge – Transfer wBTC, ETH, USDT, and USDC to Aleph Zero.
AMM Swaps will be enabled after the initial liquidity-building period, on Thursday, May 23rd, 2024.
Provide liquidity now–and earn rewards!
By providing liquidity to Common, you’ll receive:
- Fees on swaps done in the pools in which you contribute to;
- AZERO rewards for pools with enabled farms–your farming will start automatically;
- Common LP Drops that are redeemable for CMN tokens.
You can already join pools and farms on Common. Regarding Common LP Drops (CLDs) specifically, when you utilize farms marked with Common Drops icons, you’ll be getting rewards from the moment you begin farming. LP Drops will be distributed throughout the 4 seasons of the campaign.
Learn all about the LP Drops in this full breakdown.
Go to Common App now!
The first step in achieving the bigger vision of private DeFi
Common AMM is the initial step in bringing truly revolutionary DeFi products to market: ones that combine privacy, security, and efficiency. With advanced cryptographic techniques such as zero-knowledge proofs, Common will ensure that your transactions remain private while preventing market manipulation and front-running.
Common’s multi-chain capabilities will enable seamless trading across different ecosystems, while its orderbook model and Dutch auction mechanism will offer optimal price efficiency. Built on Aleph Zero, it will provide a robust, decentralized infrastructure that supports both individual and institutional traders.
Embrace a future where financial privacy and efficiency are truly Common.
For more details, check out the full article.
24 weeks of rewards begin now!
This is just the first step in the future of privacy-enhanced DeFi! As we move forward, you can count on continuous improvements and new features that will be thoroughly tested for your security and confidence.
What’s more is that in addition to the Common LP Drops detailed above, there will also be a series of Common Staking Drops (CSDs). The full Common Drops campaign (comprising both Staking and LP Drops) starts now and will run for 24 weeks!
Check out the full breakdown of the Common Drops campaign and get rewarded as we build the future of privacy-enhanced DeFi together!
The Intro Drop has been already distributed. It’s still not too late to join the campaign!
You can check the amount of your Common Drops on the explorer.
