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ShuttleOne Will Pay Token Rewards to Liquidity Providers

After listing on the Pancakeswap exchange, ShuttleOne launched a liquidity provider reward program. The amount of remuneration will be up to 400,000 SZO.

The incentive program runs from August 1 to October 1 and is designed to provide liquidity to ShuttleOne.Network on Pancakeswap using DAI, USDT and USDC stablecoins. According to the terms of the campaign, you must provide stablecoins in the amount of at least $ 500. In this scenario, the liquidity provider will receive the SZO as a reward. Campaigners will be able to earn up to 400,000 SZO.

Singapore-based ShuttleOne.Network, provides decentralized digital lending and money transfer services in Southeast Asia. The platform allows money transfers with relatively lower transfer fees, helping small businesses connect to licensed financial service providers. Its goal is to provide mobile banking services to at least five million unbanked Southeast Asians.

“Our mission is to open the first mobile banking service to 80% of Southeast Asians underbanked. I think only about 24% of all Southeast Asians have a bank account, ”said ShuttleOne CEO Hongzhuang Lim.

“In five years, we want to open the first 5 million savings accounts in the Southeast Asian countries where we operate.”

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