arbLMX
Lock LMX to earn native network coins
The purpose of this token is to increase the value of LMX and reduce sell pressure
The protocol uses a multiplier for minting arbLMX from LMX lock, which varies depending on the token locking time
1 Month: 1 LMX = 0.1 arbLMX
3 Months: 1 LMX = 0.25 arbLMX
6 Months: 1 LMX = 0.5 arbLMX
1 Year: 1 LMX = 1 arbLMX
The protocol allocates 1% of the total protocol profit in each network and distributes it to arbLMX holders
Rewards in: WETH/WBNB/WMATIC/WFTM/WAVAX/arbitrum ETH
The protocol also accepts LP tokens for locking, that provide liquidity for the LMX token (ex. LMX-WAVAX LP / LMX-USDC LP)
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