đWolfi Meat
"is a term that works the same as yield farming"
Introduction
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.
Supported Dexs
See how to make LP Token here
Binance Smart Chain :
Below are some of the Dexs LP platforms that Wolfi Meat uses:
LP Token on PancakeSwap V2
a. WSPP - BNB
b. WSPP - BUSD
c. WSPP - USDT
d. GWSPP - BNB
e. GWSPP - USDT
LP Token on FegEx
WSPP - fBNB
LP Token on ApeSwap
a. WSPP - BNB
b. WSPP - USDT
LP Token on BakerySwap
a. WSPP - BNB
b. WSPP - USDT
Polygon Network
Below are some of the Dexs LP platforms that Wolfi Meat uses:
LP Token on ApeSwap
a. WSPP - MATIC
b. WSPP - USDT
LP Token on QuickSwap
a. WSPP - MATIC
b. WSPP - USDT
LP Token on SushiSwap
a. WSPP - MATIC
b. WSPP - USDT
Reward calculations
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?
Calculating Farm Base Reward APR
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.
Calculating LP Reward APR
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:
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
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