PaintSwap
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Getting Started
Main Features
Tokenomics
Security Disclosures
Farming
+ = Who knew painters could be farmers?!
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= Who knew painters could be farmers?!
👨🎨
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What is Farming
Farms provide additional incentives for users to hold an LP (liquidity pool) position that benefits the PaintSwap ecosystem, allowing other users to freely trade with high liquidity. Users are rewarded with $BRUSH, in amounts proportional to their staked amounts in the farms.
Farming in PaintSwap
To enter a farm, you need to hold LP tokens, which can be acquired by entering an LP position in the Liquidity page.
PaintSwap's goal is to be the premier decentralized exchange on the Fantom Opera Network. To bring increased liquidity that stays here, the farms on our AMM must reflect our ecosystem and be inclusive of other Fantom projects, even if they end up being our competitors.
Existing farms can be seen on the Farms page. Farms have a multiplier associated with them, which incentivize some farms over others. There is also a page for discontinued farms.
Eventually, the farms on PaintSwap will evolve with the BRUSHdao governance, but currently, they are managed by the PaintSwap team. New farms may be created for promising tokens with significant $BRUSH liquidity. Conversely, farms can be discontinued if the provided $BRUSH liquidity drops below our standards.
Our goal at PaintSwap Finance is to both provide competitive APRs for interested liquidity providers--thus creating a fantastic user experience with minimal slippage trades for the end-user--but also to create them in a structure that will allow for the sustainable, long-term growth of both our platform and the Fantom Opera Network at-large.
Rewards
As part of our tokenomics, 50% of rewards are vested for 3 months. For more information see the Emissions page.
Please remember our liquidity provider fee structure when considering LP farm entry. If a user withdraws from their farm, a 0.5% fee is applied to the withdrawal amount. 100% of this amount is used to buyback and burn $BRUSH. These deflationary measures help stabilize the $BRUSH token value while incentivizing long-term participation in the exchange. PaintSwap fees can be found below:
Last modified 2mo ago
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