# Dapp account not connected These troubleshooting steps can fix most surface level issues when using our platform Eternl users must enable the Dapp on their wallet.
**1)** Make sure both your browser of choice and your wallet version is up to date **2)** Disable any adblocks **3)** Disable any and all VPNs **4)** Disconnect and reconnect wallet **5)** Unset wallet collateral and ctrl+f5 **6)** Reset wallet collateral and ctrl+f5 **7)** Restart your browser **8)** Restart your machine \ *If you are able to see the transaction in your wallet and 24 hours have passed please **contact support**.* # Cannot read properties of null These troubleshooting steps can fix most surface level issues when trying to stake on our platform
](
Steven Ward - CEO
Dylan McCoy - COO
Deann Zois - CMO
Ryan Felt - CTO
Jon Hendrickson - CRO
Nick Cappiello - CCO
John Ward - Data Analyst Advisor
Peter McCoy - Regulatory Advisor
New road map regarding the Auto-Harvester & DEx/BAR (moving forward) coming soon
Underneath VYFI/xVYFI/Confirm you can view your Bar Ownership after confirmation, processing fee and minADA
Display will change for NAMI, Gero and Flint wallet, however actions remain the same
Display will change for NAMI, Gero and Flint wallet, however actions remain the same
# Liquidity Pools Principal Token Every liquidity on our platform will have a Principal Token (PT) determined at the time of creation. Whenever a serve operation is conducted a serve operation is stored and will be converted to the PT of the liquidity pool, and then the serve will only send forwards the PT.\ \ Which tokens will be the principal token?\ \ The PT is determined by the pair that has been created. The following rules apply for PT determination:\ For all ADA/CNT pairs, ADA is the PT.\ For all VYFI/CNT pairs, VYFI is the PT.\ For all Stable/CNT pairs, the Stable-coin is the PT. For all CNT/CNT pairs, users creates the PT (User that creates the pool) \ \ Be aware, due to our PT determination, CNT/CNT pairs can be created if and only if the PT of the pair already has an existing ADA, VYFI or Stable-linked LP.
# The Serve Operation The serve operation takes place in three rounds. Each round consists of the following steps:\ \ **Step one:** Check total value stored in ELP.\ \ **Step Two:** If the total value stored in ELP is greater than target value, serve ELP.\ \ **Step Three:** If the serve operation is conducted on $VYFI linked pair, serve to BAR.\ \ A Round will take place at a random time every 24 hours.\ \ The rounds are split into three sets:\ \ **Set one:** All CNT/CNT pairs\ \ **Set two:** All ADA/CNT pairs\ \ **Set three:** All VYFI/CNT pairs\ \ Each set has its own target value that the ELP must meet before step two of the round is performed.\ \ Target values are as follows:\ \ **Set one:** CNT/CNT pair contains > 10ADA locked in the ELP. **Set two:** ADA/CNT pair contains > 50ADA locked in the ELP.\ \ **Set three:** VYFI/CNT pair contains > 100ADA locked in ELP.\ \ Given that these requirements are met, the round will complete and the ELP will be served. \ \ *On the next page we will give an example of our serve operation taking place.*\ \
# An example of ELP’s in Action User creates the liquidity pool for Token A/Token B, and sets Token A to be the PT of the liquidity pool. After a period of time, the ELP collects 30 Token A, and 50 Token B as fees (with a total value of 11ADA). Once the ‘Serve’ Operation is executed, the first set of rounds for CNT/CNT pairs will commence. This ELP contains more than 10ADA worth of value. As such, the first requirement of the round is passed and the Token A/Token B ELP will be served. Step two of the round will now commence. We swap all Token B to Token A — as Token A has been selected as the PT in the pair. Once swapped, step three of the round can take place. All the accrued Token A is sent to the ELP for the ADA/Token A pair. Once this process has taken place for all CNT/CNT pairs, set one is complete. We now repeat this process for all ADA/CNT pairs - we begin set two. The same rounds then repeat, but with ADA as the PT for all ADA/CNT linked pools. All the ADA that is accrued at the end of set two is then sent to the VYFI/ADA ELP. Once all the rounds have been completed for every ADA/CNT pair, set three commences for all VYFI linked pairs. This will result in all the accrued ADA being converted to VYFI and being distributed to the BAR.
# DEx ## Liquidity Pools Basic Overview ### **What is a liquidity pool?** \ A liquidity pool is a collection of funds locked behind a smart contract. These pools are the backbone of many decentralized exchanges (DEXs). Users provide liquidity, depositing an equal value of two crypto currencies in a pool to create a market. In exchange for providing their funds, the user earns trading fees from the trades that happen in the pool, proportionally to their ownership share of the pool. As anyone can be a liquidity provider, AMMs (Automated Market Makers) have made market making more accessible. One of the first protocols to use liquidity pools was Bancor, but the concept gained popularity with Uniswap, Sushi Swap, and Curve. ### How do liquidity pools work? \ They are a significant innovation that allows for on-chain trading without the need for an order book. As no direct counterparty is needed to execute trades, traders can get in and out of positions on token pairs that likely would be highly illiquid on order book exchanges. You can think of an order book exchange as peer-to-peer, where buyers and sellers are connected by the order book. An example of this can be seen in Muesliswap. Whereas when using an AMM, your order doesn't need to be matched with another user making an order. Users can swap between currencies at wil; and the liquidity pool manages the price. ### What are liquidity pools used for? Essentially, liquidity pools are a way for users of crypto currencies to supply funds, so that services can be run on the blockchain. These services can vary, and theoretically with enough creativity, should be able to encompass the entire financial industry. For the purpose of our discussion, we will be focusing on liquidity pools used for exchanging between tokens (Swaps). To run an exchange, funds are required for users to swap between. As is the case in classical finance, when an exchange takes place at the bank, the bank takes a fee for facilitating that exchange. Similarly, when a user exchanges using a liquidity pool, the liquidity providers are paid a fee for allowing the exchange. It takes time for these fee’s to accrue, and due to risk held while waiting for these to be earnt (principally impermanent risk), platforms offer rewards for users in exchange for providing liquidity. This is called **liquidity mining.** \ **Liquidity Mining**\ To create a better trading experience, various protocols offer even more incentives for users to provide liquidity by providing more rewards for particular “incentive” pools. In return for supplying these pools, the users are rewarded with the token of the particular protocol they are supplying. There are many different DeFi markets, platforms, and incentivized pools that allow you to earn rewards for providing and mining liquidity. So how do I liquidity mine? It is very simple! All you need to do is supply liquidity to a smart contract. In return, you will receive an LP token (This stands for liquidity pool token, and represents your ownership share of the entire liquidity pool). You then stake this LP token, and there you have it! You are liquidity mining. ### **Swaps and Liquidity Pools** Swapping and Liquidity Pools are the core fundamentals of DeFi.\ \ Token Swaps are a method of trading tokens on the Cardano Network using an AMM (Automated Market Maker) and Liquidity Pools. Swapping is the act of instantly trading tokens for tokens. \ \ *The following explanation is for AMM DExes, **not** Order Book DExes.*\ \ In order to swap, we first need Liquidity. This is done by users providing both sides of the pair to the platform. The user is incentivized via a share of the fees. \ \ When a swap occurs, the AMM will perform the sale to the system. The user is effectively buying from, or selling to, the decentralized liquidity pool. ### GUIDES: [How to Trade](/vy-finance-products/dex/how-to-trade) [How to Add Liquidity](/vy-finance-products/dex/how-to-add-liquidity) [How to Zap](/vy-finance-products/dex/how-to-zap) [How to Remove Liquidity](/vy-finance-products/dex/how-to-remove-liquidity) [On Order / Cancel Order](/vy-finance-products/dex/on-order-cancel-order) [Layer 2 Liquidity Pools](/vy-finance-products/dex/layer-2-liquidity-pools) # How to Add Liquidity
Display will change for NAMI, Gero and Flint wallet, however actions remain the same
# How to Zap
Display will change for NAMI, Gero and Flint wallet, however actions remain the same
Display will change for NAMI, Gero and Flint wallet, however actions remain the same
Display will change for ETERNL, Gero and Flint wallet, however actions remain the same
Display will change for NAMI, Gero and Flint wallet, however actions remain the same
{% embed url="
Display will change for NAMI, Gero and Flint wallet, however actions remain the same
# Slippage **Slippage** occurs when an order is executed at a price that is different from the submitted order. For example if you place and order for 10 $VYFI at 2ADA but the transaction is not executed until 2.1ADA, the prices spread between the trade’s intended price and executed price is called slippage.\ \ **Slippage Types** **1. Negative slippage:** *Occurs when a trade order is filled (executed) at a price greater than the expected price.* For example, trader A intended to buy 10 VYFI at 10 ADA, but the trade order was finally filled at 10.5 ADA, .5 ADA higher than anticipated. Trader A paid .5 ADA more than expected for the trade, which is a negative slippage. **2. Positive slippage:** *Occurs when a trade order is filled (executed) at a price lower than the expected price.* For example, trader A intended to buy 10 VYFI at 10 ADA, but the trade order was finally filled at 9.5 ADA, .5 ADA lower than anticipated. Trader A paid .5 ADA less than expected for the trade, which is a positive slippage. **How to manage Slippage on VyFinance**
The emissions delivered to each pair is rebalanced based on multiple factors. TVL, trading volume, transaction volume and Market Capitalization are the major metrics that the algorithm uses to determine farm allocation.\ \ This means that any farm has the capacity to grow or shrink in the rewards that they are receiving based on the net performance of the liquidity pool. **Farm Relegation**\ \ As new liquidity pairs emerge on the DEx, we want to create a system that allows for fluid uptake of new farms. Any farm with less than 30,000 $ADA TVL has the capacity to be relegated.\ \ **How farm relegation works**\ \ Any farm that has below 30,000 $ADA TVL has the capacity to be relegated. For a pair to be eligible to receive a new farm, it must have a TVL of 30,000 $ADA or greater. At the beginning of every farming set, any pool without a farm that meets the required threshold in TVL will receive the emissions from the smallest pool receiving rewards on our DEx.
\*Any token that has been relegated can earn their farm back by increasing their TVL above 30,000 $ADA\*
# Farms VyFinance will be introducing Stakeless-LP Farming. Once a user has either deposited liquidity, or bought LP tokens from the market - they will instantly begin farming! Farming will function on a 24 hour reward cycle, with a minimum of two cycles before users can access their first harvest. Every 24 hours, the rewards earnt by the user will be moved from "Estimated Rewards" to "Pending Rewards". All "Pending rewards" become available on the next reward cycle.\ \ **Emissions** **Algorithm** We are adjusting our emissions algorithm to include significantly more factors such as current daily BAR distribution, total volume, the price of $VYFI, TVL on the platform, and the change in all of these metrics over the farming set. The design of this algorithm is to allow the maximum growth in emissions, when there has been minimal change in the platform’s condition over the farming set. The maximum increase in emissions per farming set will be 3%, with the minimum change in emissions of -2%. As an example, if for the period of a farming set we have 0% change in all of the metrics listed above, the emissions will increase by 3%. If we experience a growth or reduction in all of these metrics by 50% the algorithm will reduce the emissions by 2%. For the next farming set we will be increasing emissions by the maximum of 3%. We are doing this as an interim before we fully implement this algorithm next month. We will be making the algorithm public by the end of the month, alongside a calculator to assist users in understanding how the algorithm functions. **FAQ's for Farms** * ***What do I do with my LPs when they get to my wallet?*** Nothing! On VyFinance, we’ve introduced stakeless LP, so users don’t require any additional steps once LP tokens have been acquired! * ***Can you move LP Tokens between Wallets?*** Yes, you can. You can send through LP tokens to different wallets, and those wallets will start accruing rewards. **Be aware**, like Cardano, it will take two days before rewards on the new wallet are able to be harvested. You will forfeit the ‘Pending rewards’ from the wallet the tokens are being sent from. * ***Will I lose pending rewards if I move only a portion of my LP tokens?*** You will lose pending rewards equal to the amount of farm those LP tokens sent have accrued. Any LP tokens remaining in the wallet will continue to farm as usual. * ***Why do I lose my pending rewards if I move my LP tokens?*** We use this as an anti-whale measure. It stops larger wallets being able to jump in and out of liquidity over small time-frames to earn disproportionate rewards. * ***Do my L2LP tokens still earn all my farm from the L1LP?*** Yes. We’re currently looking at ways to better display the rewards L1LP tokens are accruing while in a L2LP pool. * ***How often can I claim my rewards?*** It takes 48 hours for the first set of rewards to become available, and you can claim rewards every 24 hours thereafter. * ***What happens if I accidentally claim my rewards twice?*** If you claim your rewards twice, the second transaction will remain in lue until the next set of rewards are available. Once these rewards are available, your farm will be instantly harvested will arrive in your wallet. * ***Where can I learn more about layer 2 liquidity providing?*** We have two articles dedicated to this topic, which you can find here: *Farming on Layer 2 Liquidity pools, how does it work?*\
\ ***See the articles below for more information:*** {% embed url="
# Fee Distribution Swap what you want, Pay what you want When creating a Safeswap, the creator can decide how fees are distributed between users. By adjusting the slider, the % fee is split between parties \[creator and receiver(s)]\ \ \ \ If the "Fee distribution" is set to 0%, the creator of the Safe Swap is charging the receiver the entire fee for conducting the Safe swap. Conversely, at 100% the Safe Swap creator is paying the entire fee. You have the freedom to adjust this slider between both values. # Bulk Import **This is an advanced feature please fully review these documents and double check all files before submission** This Bulk Import feature allows you to create a large number of Safe Swap orders easily with the power of the VyFi Tx Cart! \ \ To Initiate this process please use our "Bulk Import" feature. For a more hands off experience, our team can set up a distribution of claims for you. Please reach out to us on any or socials or email us at
``` [ { "sellerAddress": "addr1q8mmn0ptk45swh...", "tokenAPolicyId": "", "tokenAAssetId": "", "tokenAQuantity": 5000000, "buyerAddress": "addr1q95kvwcvdlgqaz...", "tokenBPolicyId": "", "tokenBAssetId": "", "tokenBQuantity": 0, "feeRatio": 50 } ] ``` ```csv sellerAddress,tokenAPolicyId,tokenAAssetId,tokenAQuantity,buyerAddress,tokenBPolicyId,tokenBAssetId,tokenBQuantity,feeRatio addr1q8mmn0ptk45swh...,,,5000000,addr1q95kvwcvdlgqaz...,,,0,50 ```
[^1]: # Lottery Information on the VyFinance lottery * [How to Buy Tickets](/vy-finance-products/lottery/how-to-buy-tickets) * [How to Claim Lottery Rewards](/vy-finance-products/lottery/how-to-claim-lottery-rewards) * [FAQs ](/vy-finance-products/lottery/faq) # How to Buy Tickets A quick guide on how to buy tickets and enter the VyFinance lottery
The icon in the top right corner will spin showing that the transaction is being processed.
The icon will stop spinning once the transaction is complete
You can view your rewards two different ways
Viewing your tickets
If you select "Check now" this pop-up will appear
