Beet's War Continues (Fantom Chain)

[mawit07]

Another new Beets war has begun and this is round 7. I missed the earlier rounds but not going to miss this one. Hopefully you are not like me missing theses.

Beethovenx Beet's Wars

https://twitter.com/Beets_Wars

For those unaware over on Beethovenx they are having incentives to pools with the most votes. The votes also incentives the pools themselves. Going on for now the 7th week this has been one of Beethovenx's more common features. It is worth noting I am invested in fBeets, its native token staked, to earn platform trading fees, and partaking in their liquidity pools. So yes I have my bias.

How to Benefit?

By participating in the pool that has the most votes you would yield on top of the daily rewards the an addition reward for being in the top voted pool. For instance currently Pirate Party is in the lead.

In the Pirate Party pool additional LQDR tokens are distributed and maybe some NFTs. All in the name of Beets Wars. Not to say the rest of the pools don't get returns. They still do in proportion to how much voting they have earned. As a whole its just more rewards to be spread among all.

Conclusions

There is staking, there is farming, and now there is Beets Wars. This is very similar to Curve Wars and Convex for those familiar with voting mechanics towards pools to earn more yield. To the victor they earn more rewards than the rest. That some nice competition going as its a win win for all. Yield rewards on top of yield rewards and on top even more rewards.

None of what I write is financial advice. It is for entertainment purposes only. Thanks for reading!

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Comments

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