Staking program
Each hour everyone who owns at least 1000 $vote in basic account, will receive 10% p.a. of his $vote amount from Vote coin DAO. Maximum effective balance per account is 1 000 000 $vote.
Disclaimer. This program is not legally bound, and may finish any time. Purpose of the program is marketing campaign.
Vote coins distributed from this program originates from the staking program pool: https://algoexplorer.io/address/VOTESZMB66LO6CGVREQENOKIBMW4JG2BA7HJUXZBAYDLE6RKM2CQ2YI5EI
Announcments about change in staking program are done primarly through the discord: https://discord.gg/tzRcBHDSXt
Each hour everyone who owns share at the official AMM liquidity pools will receive 50% p.a. or 30% p.a. or 20% p.a. of his $vote amount in the shared pool. Maximum effective balance per account is 1 000 000 $vote.
Vote Coins held in LP pools
- with LP fee lower than or equal to 0.05% will receive 50% APY
- with LP fee higher than 0.05% and lower than or equal to 0.50%, will receive 30% APY
- with LP fee higher than 0.50% will receive 20% APY
Disclaimer. This program is not legally bound, and may finish any time. Purpose of the program is marketing campaign.
How does it calculate? Tinyman provides shares of the pool using pool created ASA, for example 553838965 and 553854066. Each hour we check balance of each holder at these pools which is the share of the pool. For example account ABC has share 1%. At the same round, the pool has for example 1 000 000 $vote on its account, so the account ABC owns 10 000 $vote. From the 10 000 $vote, account ABC will receive 50% pa in hourly base.
To add a liquidity to the AMM pool, select pool which you want to use and follow basic workflow.
Changes in the distribution program configuration is announced at Discord incentive liquidity program channel.