Progressive increasing APR%
Information and progressive stats.
Last updated
Information and progressive stats.
Last updated
The trading pair for the Liquidity-Pool is FORGE/DEC.
The Liquidity-Pool rewards for FORGE:DEC LP providers are distributed daily at a rate that increases every 15 days.
The distribution starts out small and gradually builds up over the years until it reaches its maximum daily distribution with one year left of the reward distribution period.
The distribution of rewards is also designed to be exponentially progressive, which means that the rewards increase at an accelerating rate. An example goes as follows:
In the first 15-day distribution period, a total of 20.5k FORGE tokens will be distributed, which represents a small fraction of the total reward pool.
However, in the second 15-day distribution period, the reward pool will increase, and a total of 42k FORGE tokens will be distributed for that period.
In the third distribution period, the reward pool will increase to 63k FORGE tokens.
This pattern continues, with the reward pool increasing every 15 days! So for each distribution period, the amount of FORGE tokens distributed increases at an accelerating rate.
The following picture will show the outline for the two-year plan of rewards for FORGE:DEC.
This exponential reward system is designed to incentivize LP providers to continue providing liquidity to the pool over a longer period of time, as they will receive increasingly higher rewards for doing so.
You may wonder why we are going to do it this way, but the reasons are simple and straightforward.
By starting small, we prevent the high initial ROA that causes extreme FOMO and wild price jumps at the start. This has always been bad for the community members by attracting short term pump-and-dump investors who have no interest in the game or investing long-term.
It rewards long-term investors with a more consistent daily reward over the long term and should attract those types of investors.
By the time it reaches max daily distribution, it will be more than if we just dumped all the reward tokens in at the start.
