Tokenized precious metals investment platform VNX today announces launch of its liquidity mining program.
Launched in 2022, Liechtenstein-based VNX is an FMA registered platform which facilitates the purchase, sale, and storage of precious metals.
The liquidity mining program creates attractive benefits for VNX investors. This will allow VNX users to earn VNXLU tokens and trading fees by providing liquidity from their VNX Gold holdings across a variety of decentralized exchanges, starting with Uniswap V3.
“Launching this program has been a long-term goal for us, since creating new avenues to generate gains for our investor community is incredibly vital,” states VNX CEO and Co-Founder, Alexander Tkachenko. “Allowing users to harness the potential of tokenized metals through liquidity and staking on one platform is a big next step.”
As the backbone of the platform, investors can utilize earned VNXLU tokens to pay issuing fees or trade on crypto exchanges.
Also, the initial Uniswap protocol integration provides diverse yield sources to expand potential gains and investment strategies.