LP Promo

The LP Promo is designed to sustainably add liquidity to E280 without having to sell the token.

A key element to E280 as an arbitrage token is liquidity. The more liquidity, the more trading volume, the more taxes/fees are accumulated. The LP Manager is for anyone that wants to help contribute to liquidity by matching E280 with your favorite token, and creating a LP for you. While the LP sits in our smart contract, it starts at 50% ownership and goes up 1% every 28 days! This allows you to earn fees from trading, and more of the LP on top of that!

Details

• Minimum stake length is 1 day.

• Maximum stake length is 3 years.

• No lockup required. Claim at any time after 1 day.

How it works

• User Deposits Token of choice into smart contract

• The smart contract matches the deposit with equivalent USD value of E280

• The smart contract creates a LP with 50%/50% ownership between user and smart contract

• While the LP sits in the smart contract, the user earns additional 1% of LP each month

• User claims the LP at any time with current percent ownership sent to their wallet

Example

***This does NOT include what the LP earns in trading fees to simplify the example.

Action	LP	LP USD value
User gives	$100 X28
Protocol gives	$100 E280
total LP created	$100 X28 / $100 E280	$200.00
	28 Days Staked
user gets	$51 X28 / $51 E280	$102.00
burned	$49 X28 / $49 E280	$98.00
	6 Cycles Staked
user gets	$56 X28 / $56 E280	$112.00
burned	$44 X28 / $44 E280	$88.00
	24 Cycles Staked
user gets	$74 X28 / $74 E280	$148.00
burned	$26 X28 / $26 E280	$52.00
	36 Cycles Staked
user gets	$86 X28 / $86 E280	$172.00
burned	$14 X28 / $14 E280	$28.00

28 day cycle Breakdown of LP ownership

Number of 28 day Cycles	LP sent to user	LP Burned
0	50%	50%
1	51%	49%
2	52%	48%
3	53%	47%
4	54%	46%
5	55%	45%
6	56%	44%
7	57%	43%
8	58%	42%
9	59%	41%
10	60%	40%
11	61%	39%
12	62%	38%
13	63%	37%
14	64%	36%
15	65%	35%
16	66%	34%
17	67%	33%
18	68%	32%
19	69%	31%
20	70%	30%
21	71%	29%
22	72%	28%
23	73%	27%
24	74%	26%
25	75%	25%
26	76%	24%
27	77%	23%
28	78%	22%
29	79%	21%
30	80%	20%
31	81%	19%
32	82%	18%
33	83%	17%
34	84%	16%
35	85%	15%
36	86%	14%
36 or more	86%	14%