VyFinance
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  • ๐Ÿ‘จโ€๐Ÿ’ผTeam
  • IMPORTANT
    • ๐Ÿ—„๏ธTokenomics
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    • ๐Ÿ“”Public Testnet
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  • PRODUCTS
    • โ™ป๏ธBAR
      • Deposit VYFI to BAR
      • Withdraw VYFI from BAR
      • Serve the BAR
        • Embedded Liquidity Pools (ELPs)
        • Liquidity Pools Principal Token
        • The Serve Operation
        • An example of ELPโ€™s in Action
    • ๐Ÿ’ฑDEx
      • How to Add Liquidity
      • How to Zap
      • How to Remove Liquidity
      • How to Farm
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      • On Order / Cancel Order
      • Slippage
      • Layer 2 Liquidity Pools
      • Risks and Impermanence
      • Farming Set Adjustments
    • ๐Ÿง‘โ€๐ŸŒพFarms
    • ๐Ÿ”Vaults
      • Token/LP Token Staking Vaults
        • Staking Tokens/LP Tokens
        • Harvesting from the Token Vault
      • NFT Vaults
        • Staking NFTs
        • Harvesting from the Vault
    • ๐Ÿ”Safe Swap
      • Private Swap
      • Public Swap
      • Claims
      • Fee Distribution
      • Bulk Import
    • ๐ŸŽฐLottery
      • How to Buy Tickets
      • How to Claim Lottery Rewards
      • FAQ
    • ๐Ÿ—ณ๏ธGovernance
      • Guide
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  1. PRODUCTS
  2. BAR
  3. Serve the BAR

An example of ELPโ€™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 โ€˜Serveโ€™ 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 โ€” 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.

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Last updated 2 years ago

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