Understanding the Yield Farming Potential rewards for YFBTC & YFETH DeFi
9,889 YFETH is the🚀initial circulating supply for YFETH [the maximum amount available for yield farming]
Please note: YFETH Smart contract holders : 0x68763e696bdee1726e5a2d100fceaa5bd6c2fb3e
Estimated calculations on how to obtain the ratio of per-block rewards by the total weightage.
- If YFETH current value is $5
- Per Block Yield Farming rewards: 0.4 YFETH/block (First month)
- Assuming total weightage: 7.5 (2.5+2.0+1+1+1) = 0.4 YFETH per block / 7.5 = 0.05333 ratio
The initial set of LPs and YFETH reward multipliers as below:
- BITTO/ETH = 2.5x YFETH reward
- YFETH/ETH = 2.0x YFETH reward
- USDT/ETH = 1x YFETH reward
- USDC/ETH = 1x YFETH reward
Assuming 100% (9,889 YFETH) of the initial circulating supply of YFETH is used for yield farming.
- 9,889 YFETH @ $5 = $49,445. LP is a pair of same value. so each side of the pair is valued at $49,445 = $98,890 total LP pair value
- Per hour 0.0533 ratio*240(4 blocks a minute * 60 minutes an hour) = 12.8(Total Block reward per hour)*$5 YFETH value= $64 is the estimated reward in YFETH VALUE per hour.
ESTIMATION FARMING YFETH PER HOUR REWARDS ACCORDING TO THE ABOVE SCENARIO ☝🏻
- $64/$98,890 = 0.064% (USDT/ETH) 1x YFETH reward
- 2.5x *0.064% = 0.162% (BITTO/ETH) 2.5x YFETH reward
- 2.0x *0.064% = 0.128% (YFETH/ETH) 2.0x YFETH reward
Please note: Above scenario is an estimation. The value may differ based on the variables mentioned. Rewards may be higher if there is less than 100% of initial YFETH supply for farming or if YFETH price is higher than the scenario said.
YFBitcoin DeFi Yield Farming Rewards estimation
1,196 YFBTC is the🚀initial circulating supply for YFBTC [the maximum amount available for yield farming]
Please note: YFBTC Smart contract holders : 0xff034d12353867fc4228f4ae3e689cd6dcaad120
Estimated calculations on how to obtain the ratio of per-block rewards by the total weightage.
- If YFBTC current value is $500
- Per Block Yield Farming rewards: 0.026 YFBTC / block
- Assuming total weightage : 6.75 weightage = 0.026/6.75 = 0.0038 ratio
Assuming 100% (1,196 YFBTC) of the initial circulating supply of YFBTC is used for yield farming.
- 1,196 @ $500 = $598,000. LP is a pair of same value. so each side of the pair is valued at $598,000*2 = $1,196,000 total LP pair value
- Per hour 0.0038*240(4 blocks a minute * 60 minutes an hour)= 0.912(Total Block reward per hour)*$500 YFBTC Value= $456 is the estimated reward in YFBTC VALUE per hour.
The initial set of LPs and YFBTC reward multipliers as below:
- BITTO/ETH, 1.25x YFBTC rewards
- YFBTC/ETH, 2.0x YFBTC rewards
- RenBTC/ETH, 1.0x YFBTC rewards
- wBTC/wETH, 1.0x YFBTC rewards
ESTIMATION FARMING YFBTC PER HOUR REWARDS ACCORDING TO THE ABOVE SCENARIO ☝🏻
- $456/$1,196,000 = 0.038*1.5x = 0.057% (wBTC/wETH) 1.5x YFBTC rewards
- $456/$1,196,000 = 0.038*1.25x = 0.048% (BITTO/ETH) 1.25x YFBTC rewards
- $456/$1,196,000 =0.038*2x = 0.077% (YFBTC/ETH) 2.0x YFBTC rewards
Please note: Above scenario is an estimation. The value may differ based on the variables mentioned. Rewards may be higher if there is less than 100% of initial YFBTC supply for farming or if YFBTC price is higher than the scenario said.
You can now estimate the hourly rewards by the percentage % above to obtain the DAILY, MONTHLY OR YEARLY rewards.
Example: 0.057% hourly on (wBTC/wETH) pairing with 200 USD locked assets on monthly.
0.057% * 24 hours * 30 days = 41.04% * 200 USD = 82.08 USD after 1 month.
Farming YFETH at yfswap.finance & Farming YFBTC at yfbtc.net
🌏 Website: https://www.yfswap.finance/ & https://www.yfbtc.net/
🐥 Twitter: https://twitter.com/yfswap
📰 Medium: https://yfswapfi.medium.com/
💬 Telegram: https://t.me/yfswap
⌨️ Github: https://github.com/Yfswapfinance
👨🏻💻👩🏻💻 Learn more about YFSwap & YFbtc.net
