Update - September 2022:
Quadency's company liquidity will soon be moved to QUAD/USDC. So for improved liquidity and lower slippage, we advise new liquidity providers to focus on QUAD/USDC.
Overview
Provide liquidity on the QUAD/ETH or QUAD/USDC on Sushi to earn additional rewards in QUAD on top of your share of the trading fees.
Details
Liquidity Providers (LPs) can earn weekly rewards based on their share of the total liquidity pool. Until September 30th, 2022, a weekly allocation of 168,421 QUAD is reserved for Liquidity Provider's rewards. The formula to calculate the rewards is:
Liquidity Rewards = User's Share of the Pool / Total Pool Value * Weekly RewardNot sure how to provide liquidity? Check our step-by-step guide below.
There are currently only two official liquidity pools for QUAD on Sushi. Please only interact with the two pools below:
Reward Pool Schedule
The initial phase of the Liquidity Rewards Program is scheduled for the remainder of 2022 with a decreasing Reward Pool (in QUAD) as per the table below:
Reward Pool (QUAD) | Weekly Distribution | Starts | Ends |
3,200,000 | 228,571 | 3/16/2022 | 6/30/2022 |
1,920,000 | 160,000 | 7/1/2022 | 9/30/2022 |
1,280,000 | 106,667 | 10/1/2022 | 12/31/2022 |
Example:
To simplify this example, QUAD is at a constant value of $0.1
Liquidity Providers (LP) | Value Locked | Average Share of Pool | Weekly Liquidity Reward (in QUAD) | Value of Reward |
LP 1 | $1000 | 1.16% | 2,658 | $265.78 |
LP 2 | $5,000 | 5.81% | 13,289 | $1,328.90 |
LP 3 | $10,000 | 11.63% | 26,578 | $2,658.81 |
LP 4 | $20,000 | 23.26% | 53,156 | $5,315.61 |
LP 5 | $50,000 | 58.14% | 132,890 | $13,289.04 |
Total | $86,000 | 100.00% | 228,571 | $22,857.14 |
To provide liquidity for QUAD, follow these steps.
Disclaimer: Quadency reserves the right to update or discontinue the Liquidity Rewards Program at its sole discretion. As such and as with any other decentralized exchange, your assets remain in your custody. Quadency does not have access to funds in your self-custodial wallet (MetaMask etc) and is not responsible for the loss of funds held in those wallets.