LP Promo
Last updated
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!
Minimum stake length is 1 day.
Maximum stake length is 3 years.
No lockup required. Claim at any time after 1 day.
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
***This does NOT include what the LP earns in trading fees to simplify the example.
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
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%
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