Provide liquidity to the first privacy-protecting DEX, and earn rewards for helping people trade with freedom. Accessible from the Incognito app.
Invest in privacy. Earn anonymously.
Your contribution is directly channeled towards supplying liquidity for the Incognito pDEX. And as a reward for providing privacy, you’ll earn interest on select currencies, paid in PRV. APY reflects a compound frequency of 1 hour. Rates and coins displayed in the image below are subject to change at any time.
PRV Locked - PRV Locked refers to PRV locked in terms of either 6 or 12 months. Currently (as of 4/19/2022) PRV locked for 6 months earns at 30% APR and 12 months earns at 40% APR. After locking PRV into a provide term the rewards will be calculated. Both the rewards and initial provision will be available after the locked term has been completed.
PRV Unlocked - PRV that is unlocked has no term period and currently (as of 4/19/2022) earns at 21% APY. Unlocked PRV can be withdrawn at any time but may take 5 - 7 days due to spinning down nodes to return the initial provision.
Your investment is privacy-protected. Stay anonymous from start to finish, and help others do the same.
It’s easy.
Tap on ‘Menu’ from your home screen and then click on the ‘Provide’ button. Select the keychain you want to use Provide with. You can find the list of your keychains in the top right corner of the screen. This will be the keychain you contribute funds from and withdraw funds to. Here, let’s use our keychain ‘Anon’.Learn how to be a Provider
Tap on ‘Provide now’, then select the currency you wish to provide. You’ll see the balance you have of each currency, associated with the keychain you previously selected. Need to top up? Just tap ‘Buy crypto’ to head on over to the pDEX.
Let’s select PRV.
Here, enter the amount you wish to provide. Make sure everything’s in order, then tap ‘Confirm’.
Hurray! You’ve successfully provided liquidity and will start earning rewards.
Keep track of your rewards and balances from the main Provide screen, where you’ll see your total interest earned across all provided currencies. You can withdraw these rewards at any time. If you wish to remove liquidity, please allow up to 3 days.
Enter the amount you wish to withdraw, and tap ‘Withdraw Provision’.
Rewards will be withdrawn instantly. To withdraw your original provisions, please allow 5 - 7 days. Please note that provision withdrawals for each currency can only be made one at a time – please wait for your withdrawal request to be processed before making another. You may make parallel requests across currencies.
Under the hood
Provide ensures that your original provision will never change, and earnings are steady and transparent. Engineered for simplicity and to protect providers from impermanent loss, Provide is designed to support the liquidity that global privacy requires.
If you have any questions, you know the drill – just post a reply to this topic. We hope you enjoy Provide.