vEGLD-based LP Farms

Introduction

vEGLD-based LPs represent the base for vEGLD-based LP Farms. While all vEGLD-based LPs can be technically used in its respective Farm to generate Refined Vesta Token Variants as rewards, specific restrictions apply that determine wheter or not a specific vEGLD-based LP is eligibile for farming in its respective Farm.

Eligibility for farming with vEGLD-based LPs

In this context, a pivotal criterion is the vEGLD Threshold. This threshold serves as the determining factor for the eligibility of vEGLD-based LP Tokens associated with a given vEGLD-based Pool to partake in the farming of Refined Vesta Token Variants. The precise threshold values that dictate this eligibility are as follows:

1. Standard Numbered Tier vEGLD Pool: 500 vEGLD.

2. Numbered Tier vEGLD Pool with Bronze Partnership Level: 400 vEGLD

3. Numbered Tier vEGLD Pool with Silver Partnership Level: 200 vEGLD

4. Numbered Tier vEGLD Pool with Gold Partnership Level: 100 vEGLD

5. Numbered Tier vEGLD Pool with Platinum Partnership Level: 1 vEGLD

6. Tier X vEGLD Pool: 1 vEGLD

If these Thresholds are not achieved for a whole Week (7 consecutive days), farming with a particula vEGLD-based LP is taken offline for the upcoming Week. This brings us to the next important mechanic of how farming works.

Snapshot Engine

Every day, we capture snapshots to assess the vEGLD Amount described above within the vEGLD based Liquidity Pools. If these amounts surpass their respective Thresholds based on their categories, a positive value is registered in the snapshot engine for that day. Conversely, if they fall below the Thresholds, a value of 0 is added to the snapshot engine.

Each week's end marks a crucial moment as cumulative values step into a vital role, influencing the allocation of Weekly Raw-Vesta for the forthcoming week. This process culminates in the distribution of designated amount of Primal Vesta tokens across all eligible Farms.

While capturing vEGLD Pool amounts in snapshots, it's noteworthy that pools created using Tokens from our esteemed Partners, commencing with the Silver Partnership Level, will be assigned specific weights within the Snapshot-Engine's computations:

1. Silver Partners: 1.2x

2. Gold Partner: 1.3x

3. Platinum Partner: 1.4x

This Multiplier represents the Pool Weight. The Snapshot Engine can be seen at work here.