MarketRaker Liquidity Migration to Minswap v2: Important Update for Users
MarketRaker AI has successfully migrated its liquidity to Minswap v2, the latest version of Cardano’s leading decentralized exchange. This brief article provides essential information for users who have liquidity in MarketRaker pools on Minswap.
Action Required for Users
If you have provided liquidity to MarketRaker pools on Minswap, you need to take the following steps:
- Unstake Your Liquidity: First, you must unstake your liquidity from the current farms on Minswap v1.
- Migrate Your Liquidity: After unstaking, migrate your liquidity to Minswap v2. You can do this through the migration interface on the Minswap platform.
- Farm Your Liquidity Again: Once your liquidity is migrated to v2, you need to stake it again in the new v2 farms to continue earning rewards.
Why This is Important
Migrating your liquidity to Minswap v2 is crucial to ensure you continue benefiting from:
- Improved liquidity pools
- Enhanced trading features
- Potentially better yields
How to Migrate
- Visit the Minswap website at https://app.minswap.org
- Connect your wallet
- Navigate to the migration page
- Follow the on-screen instructions to unstake, migrate, and re-stake your liquidity
Conclusion
MarketRaker has already completed this migration process. We encourage all users who have provided liquidity to MarketRaker pools to follow these steps as soon as possible to ensure uninterrupted participation in the ecosystem.
Remember, if you don’t migrate and re-stake your liquidity, you may miss out on potential rewards in the new v2 system.
For any questions or assistance, please refer to Minswap’s official documentation or reach out to their support channels.
Happy trading on Minswap v2!
Liquidity Migration Process
MarketRaker AI has completed its liquidity migration to Minswap v2. Other liquidity providers are encouraged to follow suit using either the automated or manual migration methods approved by the Minswap DAO. After migration, it’s crucial for providers to stake their LP tokens in the V2 Farm to continue earning rewards.
Future Outlook
This migration to Minswap v2 positions MarketRaker AI and other liquidity providers at the forefront of decentralized exchange technology on Cardano. The team behind MarketRaker AI has expressed their commitment to continuous improvement and innovation within the Cardano DeFi ecosystem.
As the Cardano DeFi landscape continues to evolve, MarketRaker AI’s participation in the Minswap v2 migration represents a significant step forward in providing users with a top-tier trading experience. Traders and liquidity providers alike stand to benefit from this major upgrade.
Stay tuned for more updates and happy trading on Minswap v2 with liquidity provided by MarketRaker AI!
