Farming
Last updated
Last updated
LP positions minted in the pool automatically participate in farming (if the farming is available for this pool). On the Pools page, use the “Active Farming” toggle to highlight pools involved in farming, or view them directly under the Farms tab.
Farming rewards can be claimed on either the Pools or Farms pages, with eligible positions shown in both locations. To collect rewards, simply click Approve to create a contract, then Claim to receive rewards. Both actions are required for successful claim completion.
Farming on TONCO acts as a boost to the current pool. If liquidity is out of the selected range and not used, no farming rewards are earned. Additionally, farming rewards are not distributed if there is no trading volume.
• farming.rewardRate: The amount of reward token distributed per unit time interval
• INTERVAL: The duration of the interval
• rewardToken.derivedTON: The value of one reward token in terms of TON token
• feeCollectedTotalTON: The total fees collected in the pool during the interval (in TON token)
• farming.rewardRate: $500/day in USDT
• INTERVAL: 1 day
• rewardToken.derivedTON: 1 TON = 6 USDT
• TVL of the pool: $1,000,000
• Pool Trading Volume: $500,000/day
• Pool Commission Percentage: 0.3%
• Fee Collected: $1,500
In this case, the farming multiplier is 1.33, meaning liquidity providers will receive additional 0.33 TON for each TON of fees collected, provided liquidity is within the active price range.