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Cryptocurrency News Articles
RENO/USDC Concentrated Liquidity Market Maker (CLMM) pool launches on Raydium
May 22, 2025 at 07:43 pm
RENO.Reviews, the community-driven hub where DIYers, contractors and designers share renovation know-how, today announced that its Solana-based utility token $RENO has launched a RENO/USDC Concentrated Liquidity Market Maker (CLMM) pool on Raydium, complete with permanently-locked founder liquidity.
Renovation.Reviews, the community-driven hub where do-it-yourselfers, contractors, and designers share renovation know-how, today announced that its Solana-based utility token $RENO has launched a RENO/USDC Concentrated Liquidity Market Maker (CLMM) pool on Raydium, complete with permanently-locked founder liquidity.
"Locked liquidity makes $RENO’s new CLMM pool a trust anchor for traders and LPs," said Daniel Eisenberg, owner of Renovation.Reviews. "We’re rewarding our rapidly growing DeFi community while guaranteeing that the pool can’t be rugged."
Key Pool Details:
* Founder seed position (500,000 $RENO / 150,000 USDC) has been permanently locked.
* LPs can customize their desired price ranges for deeper liquidity and efficient trades.
* Choose your preferred band and start providing liquidity today at Raydium.io.
Why a Concentrated Liquidity Pool Matters:
* Deeper liquidity at active price ranges – tighter spreads and reduced slippage.
* Higher fee APRs for liquidity providers who select custom price bands.
* Audited Raydium CLMM contracts ensure battle-tested security on Solana mainnet.
How to Participate:
1. Visit the Raydium platform and navigate to the CLMM section.
2. Search for the $RENO/USDC CLMM pool and select your preferred price band.
3. Provide liquidity to the pool and earn trading fees and valuable $RENO tokens.
"This CLMM launch is a milestone that pairs $RENO’s vibrant meme culture with serious DeFi mechanics," added Eisenberg. "By locking our seed position, we’ve aligned long-term incentives between the core team, LPs and everyday renovators who fuel our forum with quality content."
About $RENOVATION
$RENOVATION is a Solana SPL token that rewards high-quality posts, tutorials and project showcases on Renovation.Reviews. Holders can stake, trade and govern the platform’s future while powering a knowledge economy for the global home-renovation community. Learn more at crypto.renovation.reviews
About Renovation.Reviews
Renovation.Reviews is the web’s first tokenized forum for DIY and professional renovators, merging social collaboration with blockchain incentives. The platform’s mission is to make trusted renovation advice universally accessible and rewarding.
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Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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