Maximize Your Rewards
You can maximize your rewards via FOO tokenomics by:
Maximizing $oA51 earning
Earning $ETH rewards stream
Buying $A51 at a 50% discount
First Things First
Add liquidity to the Balancer pool (A51-ETH) in an 80:20 ratio (80% $A51 and 20% $ETH). Why Balancer?
Because it allows us to set arbitrary ratios between any two tokens, if you provide liquidity in a full range on Uniswap, you must provide both tokens in a 50:50 ratio.
However, with this model, LPs only need to risk 20% of their ETH to access $A51 tokens. Because Balancer allows us to set any arbitrary ratio, we can skew the ratio in favor of $A51 because it would be safe to assume that more people would be willing to stake more of their $A51 than their $ETH. We think that the 80:20 ratio would achieve that.
You become eligible to vote after depositing liquidity in the A51-ETH pool. The BAL-LP token that you obtain will grant you voting rights for vault reward emission.
Voting Begins
Once you become eligible for voting by depositing liquidity in the designated pools, the voting mechanism begins:
Five pools are available for voting. Eligible users can cast their vote on up to five pools per voting period.
Votes determine which pools will receive the reward emissions for that epoch. Strategy creators can enlist their strategies among the decided vaults to be voted on after approving their proposal through governance.
More Liquidity, More Rewards
Maximize $oA51 Earning:
Users who voted and provided liquidity in selected pools start collecting $oA51 as rewards. The emission will be done in epochs and each epoch will consist of 15 days. There will be 2 epochs in a month.
The rewards will be distributed based on the overall users’ liquidity share in the A51 strategies and Balancer A51/ETH pool. To maximize your rewards, ensure greater liquidity share in the Balancer pool.
At the end of each epoch, the rewards will be airdropped to the LP addresses.
Staker + LP + Voter = Winner
Staker: Deposit liquidity in the A51-ETH pool on Balancer and earn BAL-LP tokens to become eligible to vote.
LP: Deposit liquidity to pools where $oA51 rewards will be emitted.
Voter: Vote on $oA51 emission in these specific pools. The greater your liquidity in the A51-ETH pool the more voting rights you have.
Winner: The more you have the power to vote for reward emissions, the more $oA51 rewards you can earn by voting on the pools having your liquidity.
$ETH Rewards Stream:
When you provide liquidity to the A51-ETH pool on Balancer and receive BAL-LP tokens, you are entitled to a portion of the trading fees generated by the pool. This ensures a steady income stream while participating in the protocol’s governance.
By depositing liquidity to the A51-ETH pool on Balancer you will earn:
BAL-LP tokens that make you eligible to vote.
The trading fee in $ETH as a continuous stream of rewards.