CoralFinance and Quantlytica jointly launched a liquidity reward activity, providing 500,000 $CORL and 3,000,000 $QTLX as liquidity rewards, lossless mining, tradable, one fish, two fishes! $QTLX is the first point launched on the Coarl points trading platform. After the launch, the increase exceeded 200% and remained above this increase. In the current market situation, it is very good to have such a result.
In addition to $QTLX, Coral has also joined forces with Orderly Network, Elixir, Singularity and other high-quality projects. Users can get extra points rewards from these projects from special reward pools that cooperate with various protocols.
The attraction of this event:
1. Points can be cashed immediately, no PUA, no need to wait for TGE
2. Generous rewards, kill two birds with one stone
3. You can choose lossless mining, no impermanent loss
4. The project is of high quality and you can get high-quality project chips
Arbitrage ideas:
1. Stake the pool on the Quantlytica platform first to get $QTLX points and other points rewards (no loss)
2. Pledge the pledge certificate to CoralFinance to get extra rewards (no loss)
3. In CoralFinance, you can provide LP of $croQTLX and USDC. In addition to getting a high APR, currently
Basic APR 189%, LP APR 11,032% + ($CORL), you can also share an additional 500,000 $CORL and 3,000,000 $QTLX, and accelerate the release of $croQTLX (there is an impermanent loss risk but the return is very high)
1. About participation in $QTLX points rewards
First go to the Quantlytica website:
https://dapp.quantlytica.com/referral?invite=23973439521
Staking strategy:
Currently, two pools of the Arbitrum chain are open. Both pools are USDC single-coin staking, so there will be no impermanent loss, but there is a "mining speed" indicator. Currently, it is in the first mining stage (August 1st - August 5th)
The strategy at this stage can be: focus on the pool with the smallest TVL.
Strategy for the next stage: Since the “mining speed” has not been determined, we can only wait and see. Generally speaking, the difference should not be too big.
Click on one of the pools to stake USDC
Enter the USDC amount, click Approve, then click Deposit
Contract interaction, click confirm
2. Pledge the pledge certificate to CoralFinance to get extra rewards (no loss)
Now return to Coral Point Hub
Link: https://d-app.coraldex.finance/pointHub
Click Claim
Click the triangle to expand
Click on the LP you just staked on Quantlytica (ETH or BTC)
Then enter the amount, click Approve, and then click Deposit
Contract interaction, click confirm
At this point, you have completed your participation in the $QTLX points reward.
We can see the conversion and unlocking in Detail:
Click on My corToken
Convert Page
Unlock Page
It is worth mentioning that Coral will also launch Orderly Network, Singularity, and Elixir soon. In other words, staking LP tokens here will provide more than just $QTLX points rewards. In fact, there are three more points that will be launched soon.
Of course, if you think that adding QTLX points/USDC liquidity is risky, you can also just stake Quantlytica to get points rewards, but there is only the basic speed provided by the system, which will be slower than the acceleration without adding liquidity, and there is no $CORL token reward, but the overall rate of return will not be bad.
Participation in $CORL Token Rewards:
First go to the website: https://d-app.coraldex.finance/pointHub
Switch to ARB Chain (Arbitrum One)
Click Swap and exchange some USDC for $QTLX points
Click Approve to pop up the contract interaction, click Confirm, and then click Swap
Next, add liquidity:
Click Boost to enter
Click +LP & Boost
Click max, then click +Add liquidity (it is best to use integers, otherwise bugs may occur)
Contract interaction, click confirm
Then pledge liquidity, click max, then click Stake
Contract interaction point confirmation
At this point, the liquidity addition operation for $CORL rewards has been completed. You can click Claim Rewards to view your token rewards, which also provides the acceleration of $QTLX points unlocking.
