Posted 7 months ago | by Ben Armstrong

Crypto.com Launches New Mining Platform and Add Tokens to DeFi Swap

Crypto.com has announced the launch of Supercharger, its new liquidity mining platform, as well as the addition of REN, UMA, and SWRV to DeFi Swap.

The Hongkong based platform keeps expanding its presence in the DeFi ecosystem as it aims to offer more opportunities to its users. To take advantage of these additions and receive $50 by signing up for the crypto.com debit card, click here. 

Simple, Flexible, and Secure Liquidity Mining

Through an official blog post, the Hong Kong-based cryptocurrency trading platform Crypto.com announced the launch of a liquidity mining platform on its Exchange. 

According to the company, Supercharger is a simple, flexible, and secure platform where new DeFi projects will be coming.

The first project introduced on Supercharger is Uniswap (UNI) with a $500,000 allocation. By depositing CRO tokens into the Supercharger pool, Crypto.com users will receive UNI tokens as rewards.

The event starts at 8:00 AM on September 30 and will run until 8:00 AM on October 30 2020 UTC, with the distribution period being from 8:00 AM on October 31 until 8:00 AM on November 30 of 2020 UTC.

To be eligible, participants need to be Crypto.com Exchange users and be verified at the level of “Starter Level” or above. In addition to this requirement, users need to deposit at least 100 CRO into the Supercharger liquidity pool per deposit.

Citizens and residents of the United States, mainland China, and Hong Kong are not eligible to participate in this event. Please visit the Crypto.com website for more information!

REN, UMA, and Swerve are Now Available on DeFi Swap

Crypto.com continues expanding the list of cryptocurrencies available in DeFi Swap by adding add REN, UMA, and SWRV. These additions allow users to swap them as well as earn fees and boost their yield by up to 20x by staking CRO and providing liquidity.

The list of tokens available on DeFi Swap is continually growing. Some of the most popular coins supported at this time include Ren (REN), UMA (UMA), Swerve (SWRV), Harvest Finance (FARM), Uniswap (UNI), Wrapped Bitcoin (WBTC), Yearn Finance (YFI), (Wrapped) Ether (WETH), Tether (USDT), USD Coin (USDC), Dai (DAI), Chainlink (LINK), Compound (COMP) and Crypto.com Coin (CRO).

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