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Incentive in $BTSG will be extended for 1 YEAR!

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This post was originally published on bitsong

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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