Liquidity Provider Rewards

Few and Far is incentivizing liquidity for the FAR token by giving rewards for users that stake FAR-NEAR using LP Tokens.

The initial liquidity program will continue for 1,848 hours (approximately 77 days) with the rate of rewards set at 10 FAR per hour for LP stakers. We will assess the performance and requirement of a further liquidity program after the 11,088 hours have passed.

Calculating Liquidity Provider Rewards​

User A’s LP rewards per hour are calculated by:

$$\frac{\text{User A's LP tokens staked}}{\text{Total amount of LP tokens staked}}\times{\text{FAR Rewarded per hour}}Total amount of LP tokens stakedUser A’s LP tokens staked​×FAR Rewarded per hour$$

Example

• User A stakes 100 FAR/NEAR LP tokens on Day 5

• The total amount of total staked FAR/NEAR LP tokens is now 10,000

Based on the above, User A would receive: $\frac{1,000}{10,000}\times{10}=110,0001,000​×10=1$ FAR per hour.