🔹User Guide
Familiarise yourself with our Liquidity Mining Service
This service allows users to manage their liquidity provision in CFR and cDFI pools, gain exposure to DEX swap fee and CFR incentive rewards as a proportion of their share in Crypto Factor liquidity pools.
The Crypto Factor $CFR Token Ecosystem initially listed on the VanillaSwap DEX https://v2.info.vanillaswap.org/home in March 2024, the first pool being CFR/DFI.
Further details of this pool can be found on CoinGecko Terminal here: https://www.geckoterminal.com/defimetachain/pools/0x9ead846b8dc179e87d2f96b1beae0f5db54804b9
With the launch of these new pools (CFR/cDFI, CFR/DUSD, CFR/dBTC, cDFI/DFI) on VanillaSwap we aim to develop and evolve the liquidity characteristics of the Crypto Factor Ecosystem.
Where: The service can be found at: https://dapp.crypto-factor.io/liquidity-mining within the service navigation - Connect your Wallet to get mining:
TVL: This form shows the cumulative volume in all Crypto Factor Pools (CFR)(DFI)($).
ADD: To Add Liquidity to a pool select the 'ADD' option on the 'Manage Liquidity' Form. Select the assets you want to provision using the drop down options. Input the amount of either asset - where the ratio will fix based on the live pool proportion. Approve asset 1, Approve asset 2 if required, and Supply:
ADD CONFIRMATION: When you have approved your assets and opted to supply you will be presented with a summary of your action, confirmation of the Liquidity Pool Tokens you will receive in return and reminder of the 0.5% Crypto Factor handling fee which is charged for the liquidity management service:
REMOVE: To Remove Liquidity from a pool select the 'REMOVE' option on the 'Manage Liquidity' Form. Select the assets you want to withdraw using the drop down options. Input the amount of either asset - where the ratio will fix based on the live pool proportion. Approve asset 1, Approve asset 2 if required, and REMOVE:
REMOVE CONFIRMATION: When you have approved your assets and opted to remove you will be presented with a summary of your action, confirmation of the Liquidity Pool Tokens you will relinquish and reminder of the 0.5% Crypto Factor handling fee which is charged for the liquidity management service:
YOUR LIQUIDITY POSITIONS: On the right of the dAPP page you will find the section containing your pool pairs (your pool pair percentage will feature on the button when liquidity is provided and wallet connected). This APR is built from absolute 30d average and will establish accuracy as the pools mature. A green 'Rewards Available' indicator signals when CFR is available to claim. A claim all function is used as a convenient way to claim from all pools in one transaction:
YOUR LIQUIDITY DETAILS: Click to expand these to view the full details of your liquidity position details. This includes your percentage of the pool, LP token quantity, total pooled assets and claimable rewards:
cDFI/DFI POOL: The cDFI/DFI is a unique pool used to assist with the wider stabilisation of cDFI price, pegged 1:1 with DFI. We incentivise this pool in view of the role it plays for liked protocols where cDFI requires an independent reference price. The Crypto Factor swap tax/fees in this pool are 0% to encourage open market arbitrage and maintain a close tolerance to DFI at all times:
Please note: APRs well establish during the maturation phase, once stabilised it remains at the discretion of Crypto Factor at which level the 'baseline-APR' is set. Once set this will fluctuate in accordance with the volume of provision and the variations in Crypto Factor revenue. The ultimate goal of liquidity provision rewards is for these to be fully sustainable from Real Yield (Crypto Factor revenue from our platform, wider ecosystem products and services and automated client revenue).
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