Verida Foundation Launches VDA Token Lending Pools and Incentivized Liquidity Programs

Verida Foundation details token staking and liquidity provisioning mechanics.

VDA Storage Credit Token launched on May 16, 2024.

Tokens listed on Gate.io, MEXC, Uniswap, and Quickswap.

Lending pool rewards scale with Verida mainnet storage utilization.

More network growth equals more rewards for participants.

V1 staking pool program to enhance utility and earnings for $VDA holders.

Emphasis on the role of Storage Node Operators in the network.

Securely stake VDA and monitor rewards via the Verida Network Staking Interface.

Early stakers receive additional incentives during the launch period.

Storage Node Lending Pool Program supports decentralized storage nodes' expansion and operational needs.