Single Finance
  • 🧑‍🌾Single Finance Lab
  • 🎇Getting Started
    • MetaMask
    • Crypto.com DeFi Wallet
  • 🔗Useful Links
  • Overview
    • 🌿Our Products
    • 🛡️Capital Protection (USD)
      • Stoploss, Lend & Stake
    • 💻Terminology
    • 💰Fee & Parameters
      • Single-Click Strategy
      • Leveraged Yield Farming
      • Lending & Interest Rate Model
    • 🗓️Roadmap
    • ❗Risks
  • Yield Farming
    • ⚖️Single-Click Strategy
      • Mechanics of Pseudo Market-Neutral Strategy
      • [Feature] Position Rebalance on Pseudo Market-Neutral Strategy
      • Mechanics of Leveraged Short/Long Strategy
    • 🌾Leveraged Yield Farming
      • [Boosting] VVS Boost Farms
      • [Boosting] xGRAIL Boost Farms
    • 👣Step-by-Step Guide
      • Open a Pseudo Market-Neutral Strategy Position
      • Adjust/Close your Pseudo Market-Neutral Strategy Position
      • Position Rebalance on Pseudo Market-Neutral Strategy
      • Open a Leveraged Short/Long Farming Position
      • Adjust/Close your Leveraged Short/Long Farming Position
      • Open a Leveraged Yield Farming Position
      • Adjust/Close your Leveraged Yield Farming Position
      • Manual Harvest
    • 🤯Liquidation
    • 💸Price Impact
    • 📈Price effect vs Impermanent loss
    • ❓FAQ
  • Lending & Staking
    • 🏦Lending & ibTokens
    • 🗳️$SINGLE Staking (Cronos only)
    • 👣Step-by-Step Guide
      • Lend and Stake Assets to Lending Pool
      • Unstake and Withdraw Assets from Lending Pool
      • Upgrade to V2 Staking Vault (for existing lenders)
      • Withdraw Assets from Capital Protected Vault
    • ❓FAQ
  • Tokenomics
    • 🌠SINGLE Token
    • 🚅veSINGLE Token
      • veSINGLE Formula
      • Step-by-Step Guide
    • 🏨Protocol Governance
    • 💓Farming Reward
    • 🌕How to Bridge/Swap SINGLE
  • AUTOSINGLE
    • 🤖AutoSingle Protocol
  • Language
    • 한국어
  • Litepaper
    • Background
    • Liquidity Mining
    • Risks and Pain Points
    • The Single Finance Protocol
      • Pseudo Market-Neutral Strategy
Powered by GitBook
On this page
  • How many veSINGLE can you earn per day?
  • What is the maximum number of veSINGLE I can claim?
  • Base SINGLE reward of borrowing one single asset:
  • veSINGLE boosts SINGLE rewards of borrowing one asset or strategy:
  1. Tokenomics
  2. veSINGLE Token

veSINGLE Formula

PreviousveSINGLE TokenNextStep-by-Step Guide

Last updated 2 years ago

Positions of both strategy and leveraged yield farming enjoy veSINGLE booster. They have fixed SINGLE token rewards, shared between Base Rewards and veSINGLE Rewards pools. Since not all users own veSINGLE, you may find that you can boost the rewards by 2x or even more.

How many veSINGLE can you earn per day?

Base rate: 0.00000292706 per second

2x Speed during lockup period: 0.00000585412 per second

There are 86,400 seconds in a day. During lockup period, you are enjoying 2x speed. So you can earn 0.00000585412*86,400 = 0.505795968 veSINGLE per 1 staked SINGLE.

What is the maximum number of veSINGLE I can claim?

Our default maximum number of day for earning veSINGLE at 1x speed is 395 days. The intention is to let user enjoy 1x speed for one month (30 days) after lockup period.

Max. No. of veSINGLE per 1 staked SINGLE = 0.00000292706*86400*395 = 99.89470368

Base SINGLE reward of borrowing one single asset:

veSINGLE boosts SINGLE rewards of borrowing one asset or strategy:

userFactor measures the proportion of total rewards vs the Base rewards emitted to the asset vault or strategy share.

You can always check current Reward per block and allocation point while the Total Allocation Point is 20,000.

🚅
here