Create Eternal Farming
Classic parameters
For creation of Eternal Farming you need to specify these parameters:
Pair
Reward token
Reward amount
Bonus reward token
Bonus reward amount
Reward rate
Bonus reward rate
Plus
Tier farming
Minimal tick range
Lets review every parameter in more details
Pair
Token pair for which Eternal Farming will be created. To participate in farming, users should provide liqudity to this tokens pool.
Reward token
This token will be used as an incentive to participate in farming.
Reward amount
Total amount of rewards to distribute between participants. Without decimals.
Bonus reward token
One more token as an incentive to participate in farming. Bonus reward is optional. If you don't want to use additional token, you need to select the same token as in Reward token field.
Bonus reward amount
Total amount of rewards to distribute between participants. Without decimals. If you don't want to use additional token, you need to enter 0 as Bonus reward amount.
Reward rate
Reward rate to be distributed per second. Without decimals.
Bonus reward rate
Bonus reward rate to be distributed per second. Without decimals.
Minimal range
Minimal range for position to being able to participate in farming. Algebra Protocol TICK_SPACING is 60. It means, that position couldn't be narrower, than 60. And its range is always 60 multiples. If you want to limit range to at least 5 ticks, you should set this parameter to 300 (5 * 60).
Tier farming
Toggler for switching between Tier and classic farming.
Tier Farming parameters
Tier Farming is special type of farming, where you can specify token that users can lock and get pre-defined multiplier to their rewards.
Tier Farming has its own additional parameters:
Locked token
Token to lock
Tier limits (in tokens)
Amount of tokens for participants to lock
Low tier limit
Mid tier limit
High tier limit
Tier multipliers (in %)
Multiplier for participants rewards based on selected tier
Low tier multiplier
Mid tier multiplier
High tier multiplier
Create Eternal Farming
When you have all parameters specified, you need to:
Approve Reward Token
Approve Bonus Reward Token
Create Farming
When you create farming, specified amount of token as rewards is being send to FarmingCenter contract.