Incentive in $BTSG will be extended for 1 YEAR!

BitSongOfficial
2 min readDec 22, 2021

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Dear Community,

Christmas arrived very early in Cosmos, the gifts seem to never end!
As you well remember, on November 30th of 2021 we launched the first $BTSG incentive campaign (1.5M) for 30 epochs on Osmosis, which was subsequently matched by the incentives in $OSMO, through Proposal 97 voted by Osmosis Governance.

As we previously promised, the incentive will be active in the long term and we decided to adopt the following plan:

1. At the end of these first 30 epochs, December 30th Additional 1.5M of $BTSG will be allocated as an incentive for liquidity providers in the $BTSG pools in for 30 new epochs, until January 29th 2022.

2. January 29th 2022, additional 1.5M $BTSG will be allocated for a new incentive for liquidity providers in the $BTSG pools that this time will last 60 epochs.

3. On March 30th 2022, additional 1.5M $BTSG will be allocated as an incentive for liquidity providers in $BTSG pools, for a period of 90 epochs.

4. On June 28th 2022, additional 1.5M $BTSG will be allocated as an incentive for liquidity providers in $BTSG pools, for a period of 180 epochs, until December 25th 2022.

Therefore, we decided to give a continuous incentive to liquidity providers for a whole year, to recognize the enormous contribution they are giving to Bitsong’s growth as an ecosystem.

The whole BitSong family wish you a Merry Christmas!

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BitSongOfficial
BitSongOfficial

Written by BitSongOfficial

A Blockchain Ecosystem to Empower the Music Industry (https://bitsong.io)

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