Charlie Garcia
NURI Exchange, operating on the Scroll network, drew inspiration from RAMSES on Arbitrum. As a sanctioned derivation of RAMSES, audited by Yearn Academy’s audit division, NURI inherits their proprietary Concentrated Liquidity ve(3,3) framework ensuring enhanced security.
Liquidity providers can gain PTL emissions, non-transferable and will be converted to NURI at a later stage. Additionally, Scroll marks are obtainable through Scroll’s Session One.
Petals are introduced by NURI as acknowledgments for contributions towards project growth and the broader Scroll ecosystem. PTL is provided to liquidity contributors similar to traditional token emissions but remains non-transferrable. At the conclusion of the pre-mining period, the PTL supply will be snapshotted to decide on the conversion to NURI tokens.
Liquidity contributors can also earn Scroll marks as part of Scroll’s Session One.
Step-by-Step Instructions:
- Access NURI exchange, connect your wallet, and switch to the Scroll network.
- Choose one of the pools to provide liquidity.
- It’s advisable to supply liquidity to the USDC/USDT pool to mitigate volatility exposure.
- Alternatively, if optimistic about ETH, consider providing liquidity to the ETH/wstETH pool.
- Click on “Deposit” for the desired pool.
- Choose from full, wide, narrow, or degen range types.
- Wider ranges entail less risk but yield smaller rewards. Narrow and degen types require more active management but result in higher rewards.
- Using the wide range type is recommended for less frequent monitoring.
- Specify the amounts of the two assets for the pool.
- Approve the transaction to permit the dapp to utilize your assets and then validate your deposits using your wallet.
- For PTL, supplying a substantial amount (above $5,000) is crucial to secure a larger share.
- Durations of liquidity provision play a vital role. Longer-supplied assets earn more PTL.
- Scroll marks are attainable by providing liquidity to NURI Exchange.
- Stay updated by following NURI on X for further announcements.
If you’re interested in upcoming projects without any tokens yet, that may potentially conduct governance token airdrops for early users, explore our list of likely retroactive airdrops to not miss out on future DeFi airdrops!
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Summary
- Website: https://www.nuri.exchange/swap
- Ticker: PTL
- Documentation: Visit now
- Twitter:
- Discord Chat: