Merkl rewards on the pPFE/USDG pool are live! From today, 100 USDG a day goes to whoever has liquidity in range in the pPFE/USDG pool on Robinhood Chain, for 30 days. Paid in dollars, on top of the 0.3% swap fee, claimable on Merkl as it accrues. What the rewards work out to, by pool size Rewards only, before fees and before the fixed rate: $10k in the pool: about 365% a year $25k: about 146% $50k: about 73% $100k: about 36% $250k: about 15% The pool is about $10.5k today. Everyone in range shares the same 100 USDG a day, so your share is your slice of the in-range liquidity. Merkl's own page shows roughly double these figures for now because it counts only the USDG side of the pool. Our page works it out on the whole pool. How to get in Three ways on the LP page, one wallet. Have PFE and USDG: one click splits the PFE, puts the pPFE in the pool with your USDG, and leaves the yPFE in your wallet. Have USDG only: part of it buys PFE, the PFE is split, the pPFE goes in with the rest of your USDG, and you keep the yPFE. About 4% of what you deposit comes back to you as the dividend token. Have PFE only: part of it is sold for the USDG the position needs, the rest is split and placed. Every path leaves you holding a Uniswap position you own and yPFE, every Pfizer dividend to the end of 2027, as a token you can hold or sell. Why we are doing this A $10k pool is a demo. A deep pool means a tight price for anyone buying a fixed rate on Pfizer with stablecoins, and a real exit for the lenders and launches that use pPFE. We have funded one month. If the depth shows up and stays, we extend it. Read before you use it The pool is a standard Uniswap v3 pool. The one-click contract behind the LP page is deployed, verified, and in review with our auditors, not yet signed off. It holds nothing between transactions and asks to approve only the exact amounts of the one transaction. Concentrated liquidity earns nothing while the price is outside your range, and the page shows the day that happens with PFE flat. Not investment advice.