Key takeout
Apple Farm Season 2 was launched on EtherLink, offering rewards of over $3 million and introducing the Applxtz token. Season 1 will reach $47.7 million on TVL, and the new season will expand with more partner protocols and enhanced engagement incentives.
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Apple Farm Season 2 is currently live on EtherLink and is increasing the Defi ecosystem for the Layer 2 Network, offering rewards of over $3 million. The new season follows the first successful run that raised over $47 million on TVL and awarded $3 million on the XTZ Incentive.
The new event introduces Applxtz, a reward token that allows users to instantly access 20% of their rewards, with the remaining 80% unlocking for six months. The program encourages active participation in Defi applications on EtherLink, including trading, lending and liquidity regulations.
“Season 1 showed strong demand for smart, well-built incentives,” said David Relkin, head of Defi at Nomadic Labs. “With Season 2, we are leveling up more partners, more flexibility and reward mechanisms designed to keep our users active and engaged over time. We are building the true and lasting value of our ecosystem.”
The expanded protocol roster includes Jumper.Exchange, Lombard, Curve, Oku, Gearbox, Stacy.fi, Hanji, Superlend, uranium.io, and Iguanadex, with more protocols expected to take part throughout the season. Incentive opportunities are updated every other week based on activity and demand.
“We’re looking forward to seeing you in the Apple Farm Platform,” said Pablo Veyrat, co-founder of Merkl, which features Apple Farm Platform. “This season will be more dynamic, more accessible and I think it will drive even stronger engagement across the board.”
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