SpiritSwap V2
  • 👻SpiritSwap V2 introduction
  • ✅Getting Started
  • 🗺️Roadmap
    • 🚉Canto Chain
  • 📖General Resources
  • 📢Marketing Material
  • CORE FEATURES
    • 🏧Exchange
      • 🦄vAMM
    • 🏬Liquidity
      • 🦄vAMM
      • ⚖️Balanced AMM (V2.1)
    • 💰Protocol Fees
      • 🦄vAMM fees - 0.18%
      • 🔀Stable Swap fees - 0.04% (customizable fees)
      • ⚖️(V2.1)Weighted pool fees - Dynamic
    • 👩‍🌾Yield Farms
      • 📟Gauges
      • ♻️Permissionless Ecosystem Farms (V2.5 Update)
    • 🗝️inSPIRIT
    • 🌉Bridge
    • 🧪Subcore Feature
      • 🔑Wrapped inSPIRIT
      • 🔖Ola Lending
  • TOKENOMICS
    • 🌎Overview
      • 💪REAL YIELD
    • 🪙$SPIRIT
      • ⏳Emissions
      • ❌Risks
    • 🗝️inSPIRIT
      • 🔄inSPIRIT weekly distribution
      • 🗳️Governance over SnapShots
      • 🔥Farm Boost
      • 🤑Bribes
  • BLOCKCHAIN DATA
    • ☄️Contracts
  • SOULLY'S HOW TO
    • 👨‍💻Pull SpiritSwap data feeds using Covalent API
    • 🦮Guide Overview
    • 🦊How to - Connecting to Metamask
    • 🌉How to - Bridge
    • 🔁How to -Exchange
      • 📔How to - Swapping Tokens & Limit Orders
    • 💦How to - Liquidity
    • 🧑‍🌾How to - Yield Farming
    • 🗝️How to - inSPIRIT
    • 📊How to - Dashboard / Portfolio
    • 💵How to - Lending and Borrowing
    • ✍️How to - Gauge Voting and Bribes
    • 🌾How to - Create a farm
    • ✅How to - Verify Contracts
      • 📃Verify Gauge Contract
    • 🖥️How to - Apply for Whitelist
  • CANTO
    • 🌉Bridging to Canto EVM
  • ARCHIVED
    • 🐵Ape mode
    • ☄️Contracts
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  1. TOKENOMICS
  2. inSPIRIT

Farm Boost

Users holding inSPIRIT can increase their APR on boosted farms.

  • Users holding inSPIRIT get boosted SPIRIT farming rewards.

  • Farmers that hold inSPIRIT can receive a max boost of up to 2.5x in farming rewards. For example, a farmer, with no inSPIRIT, could farm FTM-SPIRIT for 100% APR. Whereas a farmer with sufficient inSPIRIT to achieve max boost could farm FTM-SPIRIT for 250% APR.

  • The farm boost is determined by the following equations:

DerivedBalance=UserBalanceInFarm∗0.4DerivedBalance=UserBalanceInFarm*0.4DerivedBalance=UserBalanceInFarm∗0.4
AdjustedBalance=TotalDepositedInFarm∗UserInspiritBalance/InspiritTotalSupply∗0.6AdjustedBalance=TotalDepositedInFarm*UserInspiritBalance/InspiritTotalSupply*0.6AdjustedBalance=TotalDepositedInFarm∗UserInspiritBalance/InspiritTotalSupply∗0.6
BoostFactor=min(DerivedBalance+AdjustedBalance,UserBalanceInFarm)/UserBalanceInFarmBoostFactor=min(DerivedBalance+AdjustedBalance, UserBalanceInFarm)/UserBalanceInFarmBoostFactor=min(DerivedBalance+AdjustedBalance,UserBalanceInFarm)/UserBalanceInFarm

Examples: There are 1,000 inSPIRIT total and 10,000 FTM/SPIRIT LP total in the farm.

  • User A has 0 inSPIRIT and 1,000 FTM/SPIRIT LP in the farm --> BF = 0.4 --> 0.4/0.4 = 1x boost

  • User B has 10 inSPIRIT and 1,000 FTM/SPIRIT LP in the farm --> BF = 0.46 --> 0.46/0.4 = 1.15x boost

  • User C has 100 inSPIRIT and 1,000 FTM/SPIRIT LP in the farm --> BF = 1 --> 1/0.4 = 2.5x boost

  • User D has 400 inSPIRIT and 1,000 FTM/SPIRIT LP in the farm --> BF = 1 --> 1/0.4 = 2.5x boost

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Last updated 3 years ago

🗝️
🔥
indication of a farms respective "boost factor".