Hercules x Artemis Launch the Largest Liquidity Event in January
Artemis Partners with Hercules in the first Liquidity event of 2025!
As January continues to propel the markets, there is no better time than now to supercharge your liquidity with Hercules!
Today, Hercules is thrilled to announce Artemis’ entry into the deep liquidity sphere of Hercules!
Hercules x Artemis: Joining Forces in Metis’ Liquidity Landscape
The Hercules partnership with Artemis is designed to supercharge both platforms within the Metis ecosystem. This collaboration fosters deep, adaptable liquidity for the Artemis protocol, paving the way for increased trading volumes, enhanced liquidity stability, and greater protocol resilience. It’s a win-win that boosts exposure and utility for both Hercules and Artemis while advancing Metis as a whole!
Join the Hercules x Artemis Nitro Ignition Campaign
Ready to earn exciting rewards? Your next DeFi adventure awaits! From January 22nd to February 19th, Hercules will be hosting the Nitro Ignition Campaign with exclusive rewards for users to incentivize liquidity providers for Artemis pools on HerculesDEX. This event features a total reward pool of 100 oMETIS via a yield-earning LP position from the artMETIS/WMETIS pool in the Steer Vault.
What is oMETIS?
oMETIS stands for Option METIS which can be used to acquire METIS tokens at a discount to the market price. Holding oMETIS allows you to vest on the oMETIS page of Artemis, choosing between 4 to 40 weeks. For every additional week of vesting, you receive a 2.5% discount, for up to 40 weeks, where you can acquire METIS tokens for free.
For example, if you choose to vest 100 oMETIS for 10 weeks, you receive a 25% discount, meaning if the METIS price is $100 at the time, you only need to spend $75 to acquire 1 METIS. This model has been adopted by various Ethereum and Arbitrum projects to incentivize liquidity providers. It aims to attract strong supporters for METIS and incentivize liquidity growth.
oMETIS contract: 0x70f61901658aAFB7aE57dA0C30695cE4417e72b9
What is a Yield-Earning LP Position?
A yield-earning LP position is represented as a staked position NFT (spNFT), which earns rewards in both TORCH and xTORCH. Participants can stake their spNFT in Artemis’ artMETIS/WMETIS nitro pool for an added boost. The LP position is locked for 15 days, during which users earn APR from both the farming pool and the nitro pool. After the locking period ends, users can unlock their position and claim their rewards — including TORCH and xTORCH bonuses.
How to Start Your Hercules x Artemis Campaign Journey
Participating in the Hercules x Artemis Ignition Campaign is simple! To get started, head over to the Hercules dApp website and locate and click the quest widget at the bottom right-hand corner.
Once the widget is opened, you will be prompted with several small quests. These quests consist of simple tasks that range from following socials to swapping, providing LP, and interacting with a nitro pool. Tasks are assigned points to help users keep track of their standing on the leaderboard. More points equals more rewards!
Reward Details
Conclusion: A New Era of Collaboration
By strengthening our role as the leading DEX and liquidity layer on Metis, Hercules continues to push the boundaries of DeFi innovation. This partnership with Artemis is a testament to our commitment to seamless collaboration and delivering unmatched opportunities for users. Together, we’re shaping the Metis ecosystem into a thriving, interconnected hub of decentralized finance.
Step into the future of DeFi with Hercules and Artemis today!
About Artemis?
Artemis Finance is a liquid staking protocol designed exclusively for Metis Decentralised Sequencer Pools. Users can stake their METIS token on Artemis Finance and receive the liquid token — artMETIS.
Artemis offers METIS holders a streamlined opportunity to participate in the Decentralized Sequencer and earn profits. Simultaneously, participating users will receive a liquid wrapper called artMETIS, which automatically accumulates earnings. This single-wrapper mechanism provides a simpler and more unified user experience, eliminating the need for additional costs to incentivize liquidity across multiple wrappers. This approach makes it easier to build a robust DeFi usage scenario.
About Hercules
With a composable, efficient liquidity protocol featuring seamless swaps, staking, real yield, and a launchpad, Hercules aims to become the native liquidity layer for the Metis Andromeda network. Its flexible features are tailored to protocol-owned liquidity, allowing dynamic fees and customizable incentives packaged in a user-friendly interface.
