👁️Overview

When users add liquidity on OraSwap exchange, they are given LP tokens that represent their share of liquidity in that liquidity pool. These LP tokens can be held, swapped back for the original liquidity pairs or put to work in farms or staking contracts.

OraSwap Farm allows LP providers to stake their LP tokens to earn gORS , the governance token of the OraSwap ecosystem.

First, the OraSpace Farm admin needs to add a new LP address with an allocation point according to the value of that pool.

The pools with the highest allocation points would be ORS and ORS -related pools, followed by pools with stablecoins and network cryptocurrencies, and finally followed by other project tokens. The max allocation point is 2000 and the minimum is 100.

If you’re a project looking to incentivize liquidity through a OraSwap Farm, get in touch with our team today.

The rewards for each LP pool are calculated with the following formula:

(number of blocks * gORS rewards per block * allocation point assigned to pool) / total allocation points of all active pools

Once a pool is added, the holders of its LP tokens can deposit them into the farm for gORS allocation incentives.

Farmers across all added pools will share from the available block rewards for every block they were staked on. The allocation point given to the individual pools and volume of LP staked would determine how much a user earns (see the formula above).