Difference between revisions of "Liquidity Mining"

From DeFiChain-Wiki
(Created page with "The decentral exchange on DefiChain can only work, if people provide liquidity to it. To incentive providing own coins (both pool pairs are needed) the Liquidity providers are...")
 
Line 4: Line 4:
  
 
== Block rewards ==
 
== Block rewards ==
At the moment
+
At the moment from the 200 DFI per block, 45 DFI are used to pay the Liquidity-Miners. With DeFi Improvement Proposal 3 (DFIP 3) this amount was increased by 55 DFI/block from the original fixed airdrop amount. Also the LTC- and BCH-pool will be paid from the airdrop amount. The remaining DFI amount can be found on the address: 8UAhRuUFCyFUHEPD7qvtj8Zy2HxF5HH5nb
 +
https://dex.defichain.com/mainnet/address/8UAhRuUFCyFUHEPD7qvtj8Zy2HxF5HH5nb
 +
The DOGE-pool is a marketing campaign and is mostly paid by Cake and some DefiChain community members. The block reward is get from address: dbzD1wUTqb1WQLHv9jz5M2fMF1h9VqaXyK
 +
https://dex.defichain.com/mainnet/address/dbzD1wUTqb1WQLHv9jz5M2fMF1h9VqaXyK
 +
With this we are getting the following block rewards for Liquidity-Miners. The values in bracket are the rewards after the balance of the mentioned addresses reached zero):
 +
* BTC-pool: 80 DFI/block (36 DFI/block)
 +
* ETH-pool: 15 DFI/block (6.75 DFI/block)
 +
* USDT-pool: 5 DFI/block (2.25 DFI/block)
 +
* LTC-pool: 2 DFI/block (0 DFI/block) starting 9th Feb. 2021
 +
* BCH-pool: 1 DFI/block (0 DFI/block) starting '''tbd.'''
 +
* DOGE-pool: 1 DFI/block (0 DFI/block) starting '''tbd.'''
 +
Except for the DOGE-pool there is a countdown calculating the remaining blocks based on the address balance.
 +
https://www.cakedefi-review.com/DefiChain?tab=overview

Revision as of 10:33, 7 February 2021

The decentral exchange on DefiChain can only work, if people provide liquidity to it. To incentive providing own coins (both pool pairs are needed) the Liquidity providers are getting revenue. There are 2 different parts of it:

  • DFI rewards per block
  • Fees of each coin swap on the DEX

Block rewards

At the moment from the 200 DFI per block, 45 DFI are used to pay the Liquidity-Miners. With DeFi Improvement Proposal 3 (DFIP 3) this amount was increased by 55 DFI/block from the original fixed airdrop amount. Also the LTC- and BCH-pool will be paid from the airdrop amount. The remaining DFI amount can be found on the address: 8UAhRuUFCyFUHEPD7qvtj8Zy2HxF5HH5nb https://dex.defichain.com/mainnet/address/8UAhRuUFCyFUHEPD7qvtj8Zy2HxF5HH5nb The DOGE-pool is a marketing campaign and is mostly paid by Cake and some DefiChain community members. The block reward is get from address: dbzD1wUTqb1WQLHv9jz5M2fMF1h9VqaXyK https://dex.defichain.com/mainnet/address/dbzD1wUTqb1WQLHv9jz5M2fMF1h9VqaXyK With this we are getting the following block rewards for Liquidity-Miners. The values in bracket are the rewards after the balance of the mentioned addresses reached zero):

  • BTC-pool: 80 DFI/block (36 DFI/block)
  • ETH-pool: 15 DFI/block (6.75 DFI/block)
  • USDT-pool: 5 DFI/block (2.25 DFI/block)
  • LTC-pool: 2 DFI/block (0 DFI/block) starting 9th Feb. 2021
  • BCH-pool: 1 DFI/block (0 DFI/block) starting tbd.
  • DOGE-pool: 1 DFI/block (0 DFI/block) starting tbd.

Except for the DOGE-pool there is a countdown calculating the remaining blocks based on the address balance. https://www.cakedefi-review.com/DefiChain?tab=overview