New LP rewards & APR indicator

Oikos
2 min readApr 29, 2021

Due to the recent Pancake Swap upgrade, we are discontinuing the legacy V1 BNB/oUSD pool and replacing it with a V2 compatible version. You can add liquidity by following this link.

If you still have liquidity on the old pool, please remove it here.

Derive DAO Token (DRV)

Derive Finance has recently launched their seigniorage/governance token and we are excited to inaugurate a new LP reward program for DRV/OKS liquidity on Pancake Swap.

DRV/OKS
The program started on April 29 at 12:00 PM AST and will run for 90 days. The amount distributed weekly is 100,000 OKS, plus some extra rewards (included in the APR). To participate add liquidity here. You will receive CAKE-LP tokens, to stake them, go to Minter, LP rewards tab and DRV/OKS pool. Click on “Stake” and after confirmation, you will see your OKS rewards accruing live.

APR indicator

The annual percentage return (APR) for staking your LP tokens is now a feature on Minter. Real-time updated statistics are available for all pools.

We will be continuously adding features and exploring new directions in the coming months, so stay tuned and keep yield farming.

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Oikos

Oikos is an initiative to bring key DeFi applications to BNB Chain.