The Factory - Earn STEAK
Deposit assets, earn rewards. Make a factory for your community, reward holders.
Last updated
Deposit assets, earn rewards. Make a factory for your community, reward holders.
Last updated
The Factory allows users to earn STEAK while supporting Staking Factory by staking tokens.
Check out our to get started with The Factory.
Learn how to find Factory smart contracts
The Factory's Liquidity Pools can give better rewards than the Assembly Line, but come with a risk of Impermanent Loss. It’s not as scary as it sounds, but it is worth learning about the concept before you get started.
Check out this great from Binance Academy to learn more.
The Factory's APR calculations include both:
LP rewards APR earned through providing liquidity and;
Factory base rewards APR earned staking LP Tokens in the Factory.
Why? Because when you stake your LP tokens in a farm to earn STEAK, you're still providing liquidity to the liquidity pool, so you earn LP rewards as well!
The Factory Base APR is calculated according to the factory multiplier and the total amount of liquidity in the factory -- this is the amount of STEAK distributed to the factory.
On top of that, farmers receive LP rewards for providing liquidity. Here's an example of calculating LP rewards:
In the WBNB/BUSD pair above, we see these values:
Liquidity: $387.42M Volume 24H: $96.97M Volume 7D: 709.73M
Calculate yearly fees
Use the 24H volume to calculate the fee share of liquidity providers in the pool (based on the 0.17% trading fee structure): $96,970,000*0.17/100 = $164,849
Next, use that fee share to estimate the projected yearly fees earned by the pool (based on the current 24h volume): $164,849*365 = $60,169,885
We can now use the yearly fees to calculate the LP rewards APR: That's yearly fees divided by liquidity: ($60,169,885/$387,420,000)*100 = 15.53% LP reward APR
