Tutellus
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9. Yield farming
Help the protocol and harvest your TUT rewards.
Anyone holding TUT can contribute to the protocol by staking tokens and getting rewarded. Rewards are expected to be between 100% - 400% APY in TUT during the 36 months of farming.
You can farm TUT by:
9.1. Staking LP tokens (LP)
- 1.Get TUT and wBTC.
- 2.Add liquidity to the pool TUT-wBTC pair and receive LP tokens.
- 3.Stake your LP tokens in Tutellus.io.
- 4.That's all! start to earn TUTs.
Cooldown periods are likely to be changed by governance.
Your APY will be dynamically calculated and dependent on the amount staked.
9.2. Staking TUT tokens
- 1.Get TUT.
- 2.Stake your TUT in Tutellus.
- 3.There's a regressive unstaking fee 10%-0.1% (30 days or more). All fees are to buyback and burn TUT tokens.
- 4.That's all! start to earn TUTs.
Cooldown periods are likely to be changed by governance.
Your APY will be dynamically calculated and dependent on the amount staked.
9.3. Ratio
As you can see there are two options of farming, LP and FC2. Rewards are distributed according to the needs of the protocol at the beginning and by governance later.
R=LP rewardsFC2 rewardsR = \frac {LP\space rewards}{FC2 \space rewards}R=FC2 rewardsLP rewards
Example:
Rewards to release: 2.000.000
LP rewards: 1.600.000 / FC2 rewards: 400.000
Ratio = 4
9.4. Participation
Participation is calculated by the percentage of liquidity provided by a token holder to a specific pool.
P=Liquidity providedTotal liquidityP = \frac{Liquidity\space provided}{Total\space liquidity}P=Total liquidityLiquidity provided
Participation is calculated on each pool independently.
Example:
Total liquidity: 200.000 TUT, 1,4 BTC
My liquidity: 10.000 TUT, 0,07 BTC
P = 0,05 (5%)
9.5. APR Estimation
We have made an estimation with different amounts allocated to the pools as liquidity. Actually, we have taken 3 values as reference:
- 80% of tokens in circulation provided as liquidity (APR80)
- 50% of tokens in circulation provided as liquidity (APR50)
- 30% of tokens in circulation provided as liquidity (APR30)
Estimated APR depending on the % holders who farm vs stake
We expect to see more tokens (in percentage) allocated for liquidity at the beginning and less at the end. So we would probably see values between 100% and 350% APR during 36 months. This is an average value for both pools (LP and FC2), which might vary independently, and without taking into consideration fees paid to Liquidity Providers.
Last modified 7mo ago