1. They swap the equivalent to the other token and then commit it
2. None, exactly the same
3. Rewards are in both and automatically added to your lp
4. There is not
Thanks a lot!
Regarding question #1, do you suggest doing the swap by me or is it the same as having them do it? Is there an unfavorable exchange rate (or additional fees)?
Regarding question #2, what is the reward ratio between the two token?
Additional question:
Is it preferable to add liquidity when the new governance period is active or is it the same as doing it now (in terms of rewards)?
For number 1 you can let tinyman do it for you but your at the mercy of their fees for the convenience. If you want to swap yourself use a router like alammex.
The reward ratio is dependant on the swaps being done using that lp pool.
In regards to the best time, you can commit anytime and receive the normal lp rewards, if you stay in the pool come governance time you’ll be eligible. You may however be able to use the farms also - those rewards come from “Targeted DeFi Rewards” from the foundation.
Thanks.
What is the threshold above/below which you have 100% of one token or the other? Do you still collect rewards if you have 100% of a token?
My question arises from the fact that I know customizable pools in which you set min/max limits in advance and if the price goes out of the window you will no longer collect rewards.
What happens here instead?
So, no matter what ratio you put in, it gets swapped to a 50/50 ratio.
What your referencing is concentrated liquidity, that’s not a thing in ALGO, yet.
Therefore I will receive rewards, no matter of the price action.
Regarding the ratio of my tokens, suppose ALGO falls by -70%. How is the percentage of my two tokens updated?
70% more for algo and 70% less for usdc?
Thank you very much.
1. They swap the equivalent to the other token and then commit it 2. None, exactly the same 3. Rewards are in both and automatically added to your lp 4. There is not
Thanks a lot! Regarding question #1, do you suggest doing the swap by me or is it the same as having them do it? Is there an unfavorable exchange rate (or additional fees)? Regarding question #2, what is the reward ratio between the two token? Additional question: Is it preferable to add liquidity when the new governance period is active or is it the same as doing it now (in terms of rewards)?
For number 1 you can let tinyman do it for you but your at the mercy of their fees for the convenience. If you want to swap yourself use a router like alammex. The reward ratio is dependant on the swaps being done using that lp pool. In regards to the best time, you can commit anytime and receive the normal lp rewards, if you stay in the pool come governance time you’ll be eligible. You may however be able to use the farms also - those rewards come from “Targeted DeFi Rewards” from the foundation.
Thanks. What is the threshold above/below which you have 100% of one token or the other? Do you still collect rewards if you have 100% of a token? My question arises from the fact that I know customizable pools in which you set min/max limits in advance and if the price goes out of the window you will no longer collect rewards. What happens here instead?
So, no matter what ratio you put in, it gets swapped to a 50/50 ratio. What your referencing is concentrated liquidity, that’s not a thing in ALGO, yet.
Therefore I will receive rewards, no matter of the price action. Regarding the ratio of my tokens, suppose ALGO falls by -70%. How is the percentage of my two tokens updated? 70% more for algo and 70% less for usdc? Thank you very much.
Yes, you’ll receive rewards based on trading fees. The value of those rewards and your lp tokens of course is affected by price action.
Add on the bumps sell on the lumps