The Sandbox launches liquidity mining program on Polygon: mSAND-MATIC
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The Sandbox announced its SAND liquidity mining program on the 17th, providing the mSAND-MATIC trading pair based on Polygon (MATIC). The official statement mentioned that this is The Sandbox's pursuit of a more efficient L2 solution and a step towards reducing carbon footprint.
According to the announcement, SAND on Polygon is issued as mSAND tokens. Users can stake mSAND-MATIC liquidity to earn mSAND. There will be 300,000 mSAND mining rewards distributed weekly, with an additional 200,000 tokens given to early participants in the first week.
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Token Contract Information
According to the official announcement:
- SAND on Ethereum : 0x3845badAde8e6dFF049820680d1F14bD3903a5d0
- SAND on Polygon : 0xBbba073C31bF03b8ACf7c28EF0738DeCF3695683
- mSAND-MATIC contract on Polygon : 0x4ab071c42c28c4858c4bac171f06b13586b20f30
- mSAND-MATIC liquidity is based on QuickSwap
SAND Price Stability
Following the announcement on the 17th, SAND did not show significant fluctuations despite the introduction of liquidity mining.
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