Euphrates rewards are made of incentive rewards in ACA and participating projects tokens and LST protocol yields:
There are two staking pools for LCDOT holders: LDOT and tDOT Pools
LDOT Pool APR = ACA incentive APR + LDOT APR
tDOT Pool APR = ACA incentive APR + TAI incentive APR + tDOT APR
There are two staking pools for DOT holders: LDOT and tDOT Pools
LDOT Pool APR = ACA incentive APR + LDOT APR
tDOT Pool APR = ACA incentive APR + TAI incentive APR + tDOT APR
There is one staking pool for JitoSOL holders.
JitoSOL Pool APR = ACA incentive APR + JitoSOL APR + JTO incentive APR
Each pool can set up an incentive program to
- run for a specific period of time
- with a certain amount of reward tokens to be distributed every x blocks
- stakers will receive rewards pro-rata to their share of the pool
- APR will vary depending on reward rate and the amount of staked assets
- the incentive program can include ACA and other participating project tokens
- loyalty bonus is applied
The purpose of Loyalty Bonus is to
- avoid hot bags mining and dumping
- encouraging more sustainable, longer term farming for the benefit of the protocol and the entire network
- share more rewards for longer term liquidity providers compared to just vesting
How does Loyalty Bonus work?
A Loyalty Bonus ratio e.g. 40% can be set up for each program
- a staker will need to keep the reward token in the pool until the end of the program to receive the bonus
- if the staker claims the reward tokens earlier, then its bonus will be added back to the reward pool to be shared amongst other stakers
- long term stakers are likely to receive higher rewards than standard rewards