KERMIT-USDC Raydium Pool & Airdrop for LPs

We are very excited to announce the $KERMIT LP airdrop program.

The initial set of pools are Raydium Permissionless pools, users will need to obtain the Raydium KERMIT-USDC LP token by providing liquidity for KERMIT/USDC on Raydium and hold the LP token get airdropped KERMIT to their wallets weekly!

KERMIT Rewards:

100,000 KERMIT / Week to be airdropped to LP providers weekly. These rewards will come from the 2,000,000 KERMIT from the Liquidity & Mining Reserve

The first round of mining will start on June 15th 00:00 UTC time, and it will last for about 21 days. Moreover, all addresses that provided liquidity in some way will have the chance to get airdrop.

Snapshots will take place daily at the last Solana block before 00:00 UTC each day.

50% of the Liquidity & Mining Reserve will be used for community incentives including liquidity mining, of which 0.5–1% will be used for the initial mining event. The rewards will be distributed every Monday.

Rewards will be distributed proportional to wallets’ holdings. Rewards will also be adjusted corresponding to the actual demand and participation.

Important Details:

Add Liquidity: https://raydium.io/liquidity/?ammId=9YTKj4BrbFn86MmHv56ALsM3xqjTQHUF3aRWZUiPZt4m

Swap: https://raydium.io/swap/?ammId=9YTKj4BrbFn86MmHv56ALsM3xqjTQHUF3aRWZUiPZt4m

AMM ID: 9YTKj4BrbFn86MmHv56ALsM3xqjTQHUF3aRWZUiPZt4m

We believe this will further increase the liquidity of KERMIT token, and bring extra benefit to KERMIT holders and supporters.