⚔️ #TokenWars is live on Yield Yak.

A friendly initiative between #Algorand and #Avalanche communities, four Algorand community token farms have been launched earning juicy yields in the form of $wALGO.

Breaking down how Token Wars works:

💰 Running for 4 weeks with up to 320,000 $ALGO up for grabs throughout

📈 At the end of each week, rewards are adjusted for each token farm based on how those token communities performed against key metrics such as bridging volume on @MessinaOne and liquidity depth & trading volume on @TraderJoe_xyz

💸 Rewards are allocated proportionally to that activity relative to the other tokens. Currently a rate of 26,785 $wALGO/month is being equally distributed to each of the four token farms.

The Tokens:

$NIKO: Native token of the Rxelms ecosystem, a cross chain metaverse space.

$COOP: Community token, distributed decentralised across the community.

$ORA: TPS-to-earn feature based on John Woods 4Oranges meme.

$A200: Community token, created in the vision of $ALGO reaching $200 per coin.

🔗To filter by Token War farms on Yield Yak: https://t.co/QSKfhvMLnd

Good luck to all the communities involved, and a warm welcome to 🔺Avalanche.