62.5% of all POL tokens have been allocated to reward user activity in the form of Farming
Users can receive rewards in POL tokens for several types of activity on the platform:
It is possible to be a liquidity provider in the Trade Pool and receive a reward in POL tokens based on the amount of liquidity provided.
You can place bets, trade and arbitrage on the Polars platform (Betting Pool and Trade Pool) and receive rewards in POL tokens based on the generated trading volume.
You can invite other users (referrals) to the Polars platform and get rewarded in POL tokens based on the generated trading volume from the invited referrals.
It is possible to be a polar token liquidity provider for third party accredited pools as well as POL token based pools.
[100%]Total POL for Farming: 1,000,000,000 POL
[50%]Trade Pool LP Farming: 500,000,000 POL
[20%]Trading Volume Farming: 200,000,000 POL
[20%]Referral Trading Volume Farming: 200,000,000 POL
[10%]POL Liquidity Farming & 3rd Party Pools for polar tokens: 100,000,000 POL
Trade Pool LP Farming.
The base volume of liquidity, which is taken into account in the calculations, is $ 1 Billion. This means that with a given volume of liquidity provided, the speed of pharming will be full. If the amount of liquidity provided is less, then the rate of farming will be proportionally slower. Additionally, the speed of farming decreases as tokens are gradually distributed among users:
% FROM 0 TO 200MLN POL — 0,3% per Day
% FROM 200MLN TO 300MLN POL — 0,25% per Day
% FROM 300MLN TO 400MLN POL — 0,2% per Day
% FROM 400MLN TO 500MLN POL — 0,15% per Day
LP farming speed formula:
Let’s say users have added $100M to the Trade Pool. Therefore, the daily farming will be equal to: $100,000,000 / $1,000,000,000 *0.3%*500,000,000 POL = 150,000 POL/per day.
*0.3% will be changed by 0.25% -0.15% depending on the number of distributed tokens.
Trading Volume Farming
The rate of POL distribution based on the perfect trading volume linearly depends on the trading volume for a particular user and is 0.01 POL per $1 of the created trading volume.
Trading Volume Farming speed formula:
Trading Volume ($)*0,01 POL.
Referral Trading Volume Farming
The POL distribution speed based on the trading volume created by the invited referrals linearly depends on the trading volume for specific users and is 0.005 POL per $ 1 of the created trading volume.
Referral Trading Volume Farming speed Formula:
Referral Trading Volume ($)*0,005 POL.
POL Liquidity Farming & 3rd Party Pools for polar tokens
The farming speed in this category will be adjusted individually in each case. The basic parameters of farming are set by the Polars team, and then DAO users by voting.