Genesis Farms
Building Liquidity on Reactor
This page is still a work in progress. More info coming soon!
The Genesis farms are based on our existing pool reward structure. You can think of them as exclusive farms for early adopters.
Genesis farms are designed to bootstrap the initial liquidity for Reactor before our token goes live and provide the community with an early and attractive opportunity to accumulate veRCT
.
In some cases, genesis farms will distribute not only veRCT
, but also incentives from a second token, usually directly provided by a partner protocol.
But even more interesting: when regular farming rewards are live, the genesis stakers will simultaneously cumulate genesis AND farming rewards, making it extra profitable!
Genesis pools will progress according to the following timeline: (4pm UTC for each stage)
TBA
The Genesis farms will go live on ████, and deposits will remain open until ████ — after this point, deposits are no longer possible. Rewards for the genesis farms will begin from ████ and will be linearly distributed for six months.
How to calculate my rewards?
5% of RCT's total supply has been allocated for the genesis pool rewards, guaranteeing high-yield returns. However, giving an accurate APR number will be initially impossible since RCT won't be priced yet.
Consequently, once live, every genesis farm will have a custom APR calculator allowing users to estimate their expected returns based on an estimated FDV.
Most importantly, once standard liquidity mining emissions go live after the public sale, genesis depositors will be earning both the farming rewards PLUS the genesis farm rewards and any additional bonus from locking their LPs.
To summarize, the genesis farm yields will be additional rewards on top of any base liquidity mining rewards we provide to the pools. This, therefore, enables a significant yield earning opportunity for early users.
Pool offering
The main pools will consist of popular traded pairs on Monad. They will be split between "main" liquidity and launch partner pools that we'll progressively reveal until the effective start of the genesis.
How to participate?
TBA
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