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Wolfi Meat
"is a term that works the same as yield farming"
To know beforehand, we have the Golden WSPP Yield Faming that we made in Q1 2021, at this time we will develop a bigger and more perfect project in the manufacture of Yield Farming products under the name "Wolfi Meat".
The perfection of Wolfi Meat will be supported by all LP tokens that have been registered in several DEXs, it is possible that in the future it will be further developed. No need to worry all registered DEXs are highly secure and audited exchanges. Slightly different Wolfi Meat in some Blockchain networks, Especially for BSC all WSPP holders can get WSPP & GWSPP Token Rewards, but not for multichain which will only be supported to get WSPP Tokens.
Below are some of the Dexs LP platforms that Wolfi Meat uses:
- 1.LP Token on PancakeSwap V2a. WSPP - BNBb. WSPP - BUSDc. WSPP - USDTd. GWSPP - BNBe. GWSPP - USDT
- 2.LP Token on FegExWSPP - fBNB
- 3.LP Token on ApeSwapa. WSPP - BNBb. WSPP - USDT
- 4.LP Token on BakerySwapa. WSPP - BNBb. WSPP - USDT
Below are some of the Dexs LP platforms that Wolfi Meat uses:
- 1.LP Token on ApeSwapa. WSPP - MATICb. WSPP - USDT
- 2.LP Token on QuickSwapa. WSPP - MATICb. WSPP - USDT
- 3.LP Token on SushiSwapa. WSPP - MATICb. WSPP - USDT
taken from PancakeSwap explanation, Logarithm of Wolfi Meat Same as this. Wolfi Meat APR calculations include both:
- LP rewards APR earned through providing liquidity and;
- Farm base rewards APR earned staking LP Tokens in the Farm.
Why? Because when you stake your LP tokens in a farm to earn WSPP / GWSPP, you're still providing liquidity to the liquidity pool, so you earn LP rewards as well!
So how do we calculate those figures?
taken from PancakeSwap explanation, Logarithm of Wolfi Meat Same as this . The Farm Base APR is calculated according to the farm multiplier and the total amount of liquidity in the farm -- this is the amount of CAKE distributed to the farm.
taken from PancakeSwap explanation, Logarithm of Wolfi Meat Same as this. On top of that, farmers receive LP rewards for providing liquidity. Here's an example of calculating LP rewards:
In the WBNB/BUSD pair above, we see these values:
Liquidity: $387.42M
Volume 24H: $96.97M
Volume 7D: 709.73M
- Calculate yearly fees
- Use the 24H volume to calculate the fee share of liquidity providers in the pool (based on the 0.17% trading fee structure): $96,970,000*0.17/100 = $164,849
- Next, use that fee share to estimate the projected yearly fees earned by the pool (based on the current 24h volume): $164,849*365 = $60,169,885
- We can now use the yearly fees to calculate the LP rewards APR: That's yearly fees divided by liquidity: ($60,169,885/$387,420,000)*100 = 15.53% LP reward APR
Last modified 1yr ago