Liquidity Mining Emissions
Details about RUBY yield farming rewards and pool allocations.
Last updated
Details about RUBY yield farming rewards and pool allocations.
Last updated
Ruby will offer RUBY liquidity mining rewards in all XY=K liquidity pools as well as the StableSwap 4Pool. Selected pools will offer SKL rewards in the near future. There will also be single-sided RUBY staking.
Ruby.Exchange has allocated a maximum total of 100 million RUBY tokens for distribution as staking and liquidity rewards, over a period of five years. During the bootstrapping phase, a nominal amount of rewards will be released, with the amount being increased in line with TVL and market volumes.
Maximum distribution will follow a "thirdening" model. Rewards will be emitted evenly over the course of a year, and reduced by a third every successive year, with a larger decrease of around 69% in the final year.
Year 1: 40 million RUBY (3,333,333.33 RUBY per month)
Year 2: 26,666,666.67 RUBY (2,222,222.22 RUBY per month)
Year 3: 17,777,777.78 RUBY (1,481,481.48 RUBY per month)
Year 4: 11,851,851.85 RUBY (987,654.32 RUBY per month)
Year 5: 3,703,703.70 RUBY (306,172.84 RUBY per month)
Of the rewards distributed, 20% are allocated to LPs who supply liquidity to Ruby's StableSwap 4Pool, with the remaining 80% allocated to the XY=K pools. The current allocation of rewards across pools is currently as follows:
RUBY-USDP: 32%
ETH-USDP: 18%
SKL-USDP: 18%
WBTC-USDP: 10%
SKILL-USDP: 2%
StableSwap 4Pool: 20%
