TechFlow news — The Terra community has passed a proposal to allocate UST worth $8 million in total, rewarding protocols on the Evmos network that provide liquidity for UST, including Diffusion Finance, Exswap, Saddle Finance, Kinesis, Midas Capital, Coslend, and Cronus Finance.
The incentives will last for two months, with higher rewards given to protocols that achieve greater UST TVL. For example, each project will receive a base amount of incentives to drive liquidity into their pools. If their UST TVL reaches certain thresholds, the community will grant additional rewards to further boost liquidity. If specific levels are not reached, the allocated rewards will be returned to the community pool.
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