Maximize your $MESH yields with $adMESH!

adMESH is tokenized vMESH (staked MESH)

  • If a user deposits MESH into Adamant, that MESH is locked forever on the platform as vMESH.
  • A tokenized version of vMESH, adMESH, is returned to the user at a 1:1 rate.
  • adMESH represents 1 staked MESH and is pegged to MESH at a 1:1 ratio.
  • If adMESH falls below the peg, buybacks will be performed to restore the peg. An inflationary death spiral (i.e. TERRA LUNA) can’t occur because adMESH can only be created by depositing MESH in Adamant.
  • The adMESH token address is 0x791e974FD87c8d0BCAa9aa253ff4591A5957127c.

adMESH benefits

  • By staking adMESH/MESH LP on Adamant, users will gain the maximum yield from MESH staking without having their capital locked. adMESH can be withdrawn at any time.
  • Users will be able to freely swap adMESH for MESH.
  • Adamant will use its voting power to boost the MESH rewards for the adMESH/MESH pool, which will significantly increase staking rewards for users.
  • Adamant will also participate in Meshswap governance with the goal of maximizing user yields.

How to deposit at Adamant to maximize your MESH yield

  1. Head to https://Adamant.finance/vaults and in the token dropdown, select “adMESH”.
The APR displayed in the top right is the swap fee APR, which does not include the MESH reward APR.

adMESH/MESH Liquidity Rewards

Full liquidity rewards for the adMESH/MESH pool will begin once Meshswap allows Adamant to vote for adMESH/MESH pool rewards, which will allow users to earn even more yield!

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Adamant Finance

Adamant Finance

611 Followers

The #1 Autocompounder and Yield Optimizer for Polygon and Arbitrum