Multiplier Points
Last updated
Last updated
Multiplier Points reward long term holders without inflation.
When you stake LIF3, you receive Multiplier Points every second at a fixed rate of 100% APR.
1,000 LIF3 staked for one year would earn 1,000 Multiplier Points.
Multiplier points can be staked for fee rewards by pressing the "Compound" button on the Earn page, each multiplier point will boost FTM APRs at the same rate as a regular LIF3 token.
When LIF3 or Escrowed LIF3 (esLIF3) tokens are unstaked, the proportional amount of Multiplier Points are burnt. For example, if 1,000 LIF3 is staked and 500 Multiplier Points have been earned so far, then unstaking 300 LIF3 would burn 150 (300 / 1000 * 500) Multiplier Points.
The burn will apply to the total amount of Multiplier Points which includes both staked and unstaked Multiplier Points.
To transfer staked tokens without burning Multiplier Points, use the Transfer button on https://trade.lif3.com/earn.
The "Boost Percentage" shown on the Earn page shows your individual boost amount from Multiplier Points. For example, if the FTM APR is 10% and you have $10,000 worth of LIF3 and esLIF3, then your rewards would be $1,000 annualized, if you additionally have an amount of Multiplier Points equivalent to 20% of your total amount of LIF3 and Escrowed LIF3 (esLIF3), your "Boost Percentage" would display as 20%, and you would get an extra $200 of FTM rewards annualized. The “Boost Percentage” is calculated from the ratio of Multiplier Points to your total amount of staked LIF3:
Boost Percentage = 100 * (Staked Multiplier Points) / (Staked LIF3 + Staked esLIF3)
An example:
100 * (4.5656) / (7.54 + 2.00) = 47.85%