Presenting The Adventure Token / Luna Fund Dashboard
We plan to launch the new Defi Dashboard for the Luna Fund this weekend along with the launch of the new yield farming feature. This highly anticipated feature removes the cumbersome requirement of learning multiple platforms for investors that wish to join the Luna Fund.
In the spirit of Adventure Token we wanted to give the community a first look to familiarize themselves with the new features, the user interface, and upcoming earning potential before yield farming officially launches this weekend.
I’d like to stress that the numbers shown in this article are illustrative in nature. There are too many variables at play to know the actual yield investors will get for depositing their BPT tokens without making the contract live, and we cannot launch the contract until yield farming officially begins.
That being said, the team has carefully studied and modelled these variables and we believe the rewards will be very impressive. We have considered lots of community feedback when designing and developing these features, and the contracts have been subjected to rigorous peer review.
The dashboard will be accessible from the main Adventure Token web page once it goes live. The new yield farming contract is in the final stages of development.
Once live the stats on all the individual pages will be updated in real time giving Luna Fund investors a comprehensive view of the Fund and yield farm performance.
As previously mentioned, some features can only be advised on after the contract is live. The community will be the first to know when the contracts are live and all the new features are available. This dashboard is part of the existing Adventure Token website.
Clicking the explore more button will take you to the heart of the dashboard where you can add liquidity to your investment, enter our yield farming features, and cash out when you’re ready.
Simplified Investment
In the heart of the dashboard the new feature-set can be viewed by cycling through the tabs at the top of the user interface.
The first, and one of the most promising features of the new Luna Fund dashboard is the Provide Liquidity feature.
Provide Liquidity combines the 3 step process previously required to enter the Luna Fund into a straightforward single operation. It will be much easier for new investors to enter the Luna Fund this way. Investors will also be able to use other assets, not just Ethereum, to purchase Luna Fund BPT tokens.
Investors can still enter the Luna Fund through the original 3 step process outlined on the home page of the Adventure Token website, but new investors with little experience will now have a much easier path entering the fund through the dashboard.
The dashboard will offer the ability to adjust slippage. It also provides the ability to enter the fund with a number of different tokens that are displayed in the dropdown above.
Yield Farming
The feature our community has been anticipating, yield farming, will be available once the dashboard is launched. It will be very simple to connect your wallet, deposit the amount of BPT you would like to farm with, and view your rewards as they accumulate.
On the first yield farming page you will be able to view real time stats for each available yield farm.
Luna Fund Yield Farm
The Luna Fund yield farm will use the Luna Fund BPT tokens our community holds. Once you deposit tokens you can leave the yield farm at any time.
Your earnings will accumulate in the “TWA earned” block and will be paid out to your wallet over the 10 week vesting period.
LunaH / Luna Fund Hedge BPT
The Luna Hedge BPT allows us to create a secondary market for the Luna Fund token, this is the second yield farm you have the option to join. This will drive a greater trading volume as arbitrageurs join the fund to equalize the price of the token which allows it to be swapped by other decentralized protocols.
Farmers who provide liquidity on the Luna Hedge Fund have the benefit of being even more exposed to the fluctuations of Ethereum which provide an interesting variety of exposure levels to play with when managing your portfolio.
Yield Farming 2nd Page
The first yield farming contract will use a unique approach to disperse earnings over a 10 week period. As you earn TWA it will appear in the “TWA earned” block on the 2nd page of the Yield Farm tab (accessed by clicking the deposit button).
We have implemented a vesting system which will pay depositors a % of the rewards up front depending on the TVL (Total Locked Value) of the Luna Fund. The rest of the rewards will be distributed over a 10 week period as long as liquidity is being provided.
The 10 week vesting period will limit selling pressure, protecting the value of TWA and the Luna Fund BPT token as you earn.
The vesting rate is set up as follows:
- Liquidity <$1M = 10%
- Liquidity $1M-$5M = 25%
- Liquidity $5M-$10M = 35%
- Liquidity >$10M = 50%
As the TVL of the Luna Fund grows we will be able to provide a greater incentive for new farmers, creating a self perpetuating liquidity incentive that will create deep liquidity for the Luna Fund.
Investors will be able to select between 2 different yield farms. The Luna Fund yield farm and the Luna Fund Hedge yield farm.
Redeem Your Investment
The last feature on the new dashboard is the Redeem tab which provides an easy way to remove your investment in single asset or multi-asset form. Investors will be able to choose any of the underlying tokens that make up the Luna Fund.
- TWA LP
- WETH
- RenBTC
- LINK
- UNI
Cashing out and profit taking has never been more simple. Just select the token you want and how much of your Luna Fund holdings you wish to redeem.
Multi-Asset
When removing your investment in multi-asset mode the dashboard will calculate the amount of each token you will receive. You can approve and finalize redemption without ever leaving the dashboard.
These new dashboard features will make it easier for new investors to join the Luna Fund, make it easier for existing investors to track and manage their investment, and make it easier to exit the fund when you’re ready.
