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  1. FINANCE
  2. Utility

Farm

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Last updated 1 year ago

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This liquidity mining section is under review. The Luxy team will have updates regarding new liquidity mining incentives a couple of weeks after token migration, first, we're starting all focus on luxy single stake to incentive migration! Get those rewards!!

Single Side Staking

Total Rewards: 500,000 $LUXY

The single-side staking will last only one month to incentivize the community to migrate to Rollux, Luxy's token new home!

Go to to easily stake on this contract, super high APRs! It will live only this month, also for transparency, this is the .

Liquidity Mining [Outdate - new program tba]

Total Rewards: 10,000,000 $LUXY

The liquidity mining program will have a duration of 1 year in order to attract liquidity into the Luxy Marketplace protocol. Through this, 50% of the tokens directed to incentives will be distributed through 4 farms with a duration of 3 months for users who lock LUXY-USDC LP tokens in the .

Farm

Tokens Percentage

Tokens Release

1st

30%

3,000,000

2nd

26%

2,600,000

3rd

23%

2,300,000

4th

21%

2,100,000

Just for demonstration purposes, in case we get 5% of the total Luxy supply in LPS farming in the , we get the following APRs

Farm

APR

1st

120%

2nd

104%

3rd

92%

4th

84%

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