Update - January 2023:
Quadency has extended its liquidity pool to Uniswap.
You can now provide liquidity through QUAD/ETH & QUAD/USDC pairs in Sushiswap or Uniswap.
Overview
Provide liquidity to QUAD to either QUAD/ETH on Uniswap or QUAD/USDC on Sushiswap. This will allow you 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. A weekly allocation of 106,667 QUAD is reserved for Liquidity Provider's rewards. The formula to calculate the rewards is:
Liquidity Rewards = User's Share of the Pools / Total Pools Value * Weekly RewardNot sure how to provide liquidity? Check our step-by-step guide below.
Official liquidity pools for QUAD
Uniswap
Sushiswap
Reward Pool Schedule
The schedule of the Liquidity Rewards program is of 100,000 QUAD per week.
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 | $1,000 | 1.16% | 116 | $11.60 |
LP 2 | $5,000 | 5.81% | 581 | $58.10 |
LP 3 | $10,000 | 11.63% | 1,163 | $116.30 |
LP 4 | $20,000 | 23.26% | 2,326 | $232.60 |
LP 5 | $50,000 | 58.14% | 58,140 | $5,814.00 |
Total | $86,000 | 100.00% | 100,000 | $10,000.00 |
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.