NUTS Finance
Published in

NUTS Finance

Week 14 AC Liquidity Mining Memo

Welcoming oBTCCrv LP and AC strategy!

Week 14 = 10:00 EST 1/3/2021 to 9:59 EST 1/10/2021

Excited to introduce oBTCCrv LP strategy and AC Savings strategy for Week 14!

The oBTCCrv strategy is a dual reward strategy with no impermanent loss. Participants can deposit oBTCCrv to earn AC and oBTCCrv.

The AC Savings strategy is one of the most highly anticipated strategies as it offers an alternative way for AC holders to earn additional AC yield in a completely impermanent loss free fashion!

For participation details, please refer to the renCrv user guide here:
oBTCCrv Full Guide
AC Savings Guide

The following strategies will continue to run throughout Week 14:
acBTC
Uniswap ETH-AC
HBTCCrv
renCrv

AC Booster and AC Usage Incentive Program will continue to run throughout Week 14.

If you missed our memo on AC Booster, AC Usage Incentive and AC Token Economics, you can learn more about it here:
AC Booster Program
AC Usage Incentive
AC Token Economics

  • Total emission for Week 14 is 60,000 AC;
  • 20% of total emission (12,000 AC) is reserved for the AC Usage Incentive Program; 80% of total emission (48,000 AC) will be allocated between acBTC, Uniswap ETH-AC, HBTCCrv, renCrv, oBTCCrv and AC Savings strategies at a 50/30/5/5/5/5 split;
  • 50% from the acBTC strategy will be distributed via Liquidity Mining (12,000 AC), the remainder will be distributed via the acBTC-AC Booster Program (12,000 AC);
  • 50% from the Uniswap ETH-AC LP strategy will be distributed via Liquidity Mining (7,200 AC), the remainder will be distributed via the Uniswap ETH-AC LP-AC Booster Program (7,200 AC);
  • 100% from the HBTCCrv LP strategy will be distributed via Liquidity Mining (2,400 AC);
  • 100% from the renCrv LP strategy will be distributed via Liquidity Mining (2,400 AC);
  • 100% from the oBTCCrv LP strategy will be distributed via Liquidity Mining (2,400 AC);
  • 100% from the AC strategy will be distributed via Liquidity Mining (2,400 AC);
  • Emission rate for the acBTC strategy via liquidity mining is set to 1,714 AC/Day;
  • Emission rate for the Uniswap ETH-AC LP strategy via liquidity mining is set to 1,028 AC/Day;
  • Emission rate for the HBTCCrv LP strategy via liquidity mining is set to 342 AC/Day;
  • Emission rate for the renCrv LP strategy via liquidity mining is set to 342 AC/Day;
  • Emission rate for the oBTCCrv LP strategy via liquidity mining is set to 342 AC/Day;
  • Emission rate for the AC strategy via liquidity mining is set to 342 AC/Day.
Week over Week AC Emission Schedule
Week over Week AC Booster Reward Schedule

Still have questions? Join our Discord channel for live updates!

💬 Join Us on our Journey!

Twitter: @ACoconutDAO

Discord: https://discord.gg/mvANFYe

Telegram: t.me/acbtc_community

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Terry Lam

Terry Lam

Building @NUTSFinance https://nuts.finance | sound money enthusiast | cat dad