Farm
Last updated
Last updated
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 Luxy Finance to easily stake on this contract, super high APRs! It will live only this month, also for transparency, this is the contract.
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 contract.
Just for demonstration purposes, in case we get 5% of the total Luxy supply in LPS farming in the contract, we get the following APRs
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
Farm
APR
1st
120%
2nd
104%
3rd
92%
4th
84%