Should we add a GEM-PGU swap on the Polyient DEX and enable liquidity providers of the pair to earn PGU rewards?
Summary:
- GEM is the utility and governance token for the Cargo NFT platform.
- 75 GEM per PGFK was distributed to holders in October, which was the second major reward Polyient Games supported.
- GEM holders can stake their holdings directly inside NFTs to earn yield in both GEM and Cargo Credits, the ERC-20 token that is required to mint NFTs on the Cargo platform.
- Cargo is launching a new staking pool for Cargo Credits that allows users to farm special-edition NFTs.
- Users can stake Cargo Gems and Polyient DEX GEM-PGU PGLP tokens to earn multipliers — which will multiply the amount of points you earn per block. LP tokens will earn the most multipliers.
- Upon redemption your Credits and Gems will be exchanged for an NFT from the Genesis series. Any PGLP tokens you staked will be returned to you.
Learn more about Cargo Credit yield farming:
https://medium.com/the-cargo-times/new-cargo-nft-reward-system-genesis-series-efb323b1a19b
Learn more about PGU and the rewards: https://docs.polyient.games/polyient-games-token-economy/unity-token-pgu