🚀 The $OTK on Meteora 💫
Octo is launching an $OTK-$SOL Liquidity Pool with 80,000 $OTK Farming Rewards.
We’re excited to announce the next step in our journey!
On Wednesday, June 18, we’re launching a huge farming rewards on our brand-new OTK-SOL liquidity pool on Meteora.
Whether you’re a DeFi regular or exploring liquidity pools for the first time, this is a perfect opportunity to support the Octo Gaming ecosystem and earn some $OTK along the way.
🧠 What is Liquidity Providing (LPing)?
Liquidity providing or “LPing” means depositing two tokens into a pool so other users can easily swap between them, in this case: $OTK ↔️ $SOL
By becoming a Liquidity Provider, you earn a share of the trading fees collected on that pool. It means that without actively trading, you can earn passive income.
On top of that, in return for helping the ecosystem, Octo Gaming added daily rewards in $OTK for Liquidity Providers!
That said, being an LP also brings real benefits:
- You help make $OTK more liquid and stable
- You reduce price swings on secondary markets
This is not financial advice. As always with DeFi, LPing involves risks like impermanent loss (IL) and market volatility. DYOR (Do Your Own Research).
⚠️ What are the risks?
Impermanent loss (IL) happens when the prices of your tokens change compared to when you deposited them, possibly leaving you with less value than just holding.
Market volatility means token prices can swing quickly, which can affect your earnings or the value of your assets.
Learn more about the risk here
🚀 What is Meteora?
Meteora is a powerful DeFi platform on Solana that makes it easy to provide liquidity and earn rewards. It offers dynamic liquidity pools where your tokens are automatically adjusted to stay active as the market moves, meaning you can earn trading fees without constantly managing your position.
Whether you’re new to LPing or experienced, Meteora helps you support the $OTK market and earn passive income.
In simple terms:
- Your tokens are spread dynamically around the market price
- As the price moves, your liquidity follows, keeping you in the game
- You earn trading fees with minimal upkeep
The result: Smarter liquidity, better rewards, and a more efficient $OTK market!
Explore Meteora here: https://v2.meteora.ag/
🧪 Why It Matters for Octo Gaming
This pool is a key milestone for Octo Gaming’s DeFi journey.
By joining the pool, you:
- Support the growth and health of the $OTK token
- Improves token Liquidity
- Help stabilize prices and reduce volatility
- Boosts market visibility
- Lay the foundation for the next big step on the Octo Gaming app: native DeFi feature for LPs within the app.
🎯 Campaign Details
Here’s what you need to know about the OTK-SOL pool campaign:
- Start date: Wednesday, June 18
- Platform: OTK-SOL Liquidity Pool
- Token pair: $OTK / $SOL
- Total rewards: 80,000 $OTK
- Daily rewards: 2,759 $OTK / day
- Farming duration: 29 days
- Initial liquidity provided: $4,000
✅ How to Join
Getting started is easy:
- Go to the OTK/SOL Pool or search for OTK/SOL in Pools with Farms
2. Connect your Solana wallet
3. Deposit your $OTK and $SOL in the pool in exchange for LP tokens. Click on “view farm” to access the farming dashboard or follow this link: https://app.meteora.ag/farms/OTK-SOL
4. Stake the LP tokens in the LP farm
5. Start farming and earn daily $OTK rewards!
💬 Final Words
This is your chance to take part in shaping the future of Octo Gaming while earning along the way.
This pool is more than rewards, it’s proof that Gaming + DeFi can work together 🔥
Let’s make this pool a success together 💪🚀
About Octo?
Octo Gaming is a competitive social gaming platform with 4 million downloads available for free download on the Apple App Store & Google Play Store that enables users to monetize their time spent playing video games.
Already 17 games are available on the app with over 100 million matches played, allowing players to earn real life prizes offered by brand partners and cryptocurrencies playing competitive mini-games.
Octo has built games on its app and created engagement and visibility for world-renowned football clubs (Paris Saint Germain), tokens exceeding the billion dollar valuation (BONK, Samoyed) and NFT collections with millions of NFT sold (DeGods, y00ts, Solana Monkey Business, Claynosaurz, Degenerate Ape Academy, Chimpers etc…).
Here is some key figures about Octo Gaming:
- 4 million downloads worldwide
- Daily Active Users: 30K
- Monthly Active Users: 350K
- 100 million matches played by the users on the app
- Backed by Solana Foundation and more
Apple | Google | Twitter | Discord | Instagram | Website | Coinmarketcap | Buy $OTK token |Octo NFTs
