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The vDOT liquidity pool will go live on DEX tomorrow, and a 795,000 DOT incentive program will be launched.
[Coin World] On July 24, to facilitate the asset channel between Polkadot and mainstream multi-chain ecosystems, the vDOT/ETH and vDOT/BNB liquidity pools will officially launch on a certain DEX on July 25, along with a liquidity incentive program lasting 12 months, totaling 795,000.00 DOT in incentives. This integration provides a stable and sustainable liquidity entry for DOT within the Ethereum ecosystem, expanding its practical usability in mainstream DeFi networks. As part of the DeFi Singularity program, the first round of incentives now covers Arbitrum, Base, BNB Chain, and Ethereum Mainnet, with liquidity rewards simultaneously launched around the vDOT/ETH and DOT/ETH pools. Users can participate in liquidity provision through a certain DEX and receive incentives in real-time on the Merkl platform. vDOT is a DOT liquid staking token launched by a certain platform, which has accumulated a staked TVL of over 74,000,000.00 USD, widely used in governance, lending, DEX, and other scenarios. This round of incentives is seen as an important step in promoting vDOT as a yield-generating asset across multiple chains, also bringing higher liquidity and DeFi integration potential to DOT.