Farm
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gTOKEN
Lenders will deposit assets to the Bagels vault and will receive a proportional amount of "gToken", a token that can’t be traded and acted as a certificate for earning interest, representing the user's shares of the Bagels pool. They also receive BAGEL tokens as a reward.
Bagels geyser are smart faucets that incentive on-chain liquidity. Liquidity provider receive BAGEL for providing liquidity on automated market making platforms (AMMs) like Pancakeswap. The more liquidity you provide, and for longer, the greater share of the BAGEL pool you receive. Compares to those hunters who trade BAGEL frequently, Geyser is a great mechanism for those liquidity providers who hold BAGEL LP for the long-term, which means long-term holders could earn more BAGEL here.
BAGEL Rewards Rules:
When you start providing liquidity, the reward multiplier is 1.0. The farming reward rate increases linearly as the staking time increases, reaching up to 3x after 60 days
- 1.0x: Stake liquidity tokens for 1 days to achieve a 1.0x reward multiplier.
- 1.2x: Stake liquidity tokens for 7days to achieve a 1.2x reward multiplier.
- 1.5x: Stake liquidity tokens for 15days to achieve a 1.5x reward multiplier.
- 2.0x: Stake liquidity tokens for 30 days to achieve a 2.0x reward multiplier.
- 3.0x: Stake liquidity tokens for 60 days to achieve a 3.0x reward multiplier.
