Sophon Farming is a way to earn rewards by staking your tokens in various pools. This guide explains how the system works and how to optimize your earnings.
Key Concepts
Block Generation
Every block, a fixed number of points (10 SPs
) are created and distributed among active pools based on their relative value.
Example:
Imagine we have 3 active pools with a combined value of $1,000:
Gets 5 SPs per block (50% of 10 SPs)
Gets 3 SPs per block (30% of 10 SPs)
Gets 2 SPs per block (20% of 10 SPs)
The higher a pool’s relative value, the more points it receives from the global distribution.
Pool Multipliers
Given:
Distribution:
Pools update during:
To calculate your earnings, use the following forumla:
Where:
Boosts are multipliers that enhance your earning power by increasing your effective stake. When you apply a boost:
Boosting is a strategic choice to maximize your Sophon Points (SPs) earnings by allocating part of your deposit to a higher reward rate. But remember, this comes with a commitment
Boosted assets are permanently locked to support liquidity on the Sophon network.
Example:
For more on boosting, see Boosts.
After 10 blocks:
Two Pools:
Values:
Per-Block Distribution:
10-Block Earnings
As aforementioned, some pools can have a multiplier greater than 1. Here’s how this works in practice:
Two Pools (Base Values):
$400
× 3x multiplier
= $1,200 effective value$800
× 1x multiplier
= $800 effective value$1,200
+ $800
= $2,000 effective valuePer-Block Distribution (10 SP total):
($1,200 / $2,000)
× 10 SP
= 6 SP per block($800 / $2,000)
× 10 SP
= 4 SP per block10-Block Earnings
Remember
Happy farming! 🌾
For more information, please see the relevant contract on our GitHub.
Sophon Farming is a way to earn rewards by staking your tokens in various pools. This guide explains how the system works and how to optimize your earnings.
Key Concepts
Block Generation
Every block, a fixed number of points (10 SPs
) are created and distributed among active pools based on their relative value.
Example:
Imagine we have 3 active pools with a combined value of $1,000:
Gets 5 SPs per block (50% of 10 SPs)
Gets 3 SPs per block (30% of 10 SPs)
Gets 2 SPs per block (20% of 10 SPs)
The higher a pool’s relative value, the more points it receives from the global distribution.
Pool Multipliers
Given:
Distribution:
Pools update during:
To calculate your earnings, use the following forumla:
Where:
Boosts are multipliers that enhance your earning power by increasing your effective stake. When you apply a boost:
Boosting is a strategic choice to maximize your Sophon Points (SPs) earnings by allocating part of your deposit to a higher reward rate. But remember, this comes with a commitment
Boosted assets are permanently locked to support liquidity on the Sophon network.
Example:
For more on boosting, see Boosts.
After 10 blocks:
Two Pools:
Values:
Per-Block Distribution:
10-Block Earnings
As aforementioned, some pools can have a multiplier greater than 1. Here’s how this works in practice:
Two Pools (Base Values):
$400
× 3x multiplier
= $1,200 effective value$800
× 1x multiplier
= $800 effective value$1,200
+ $800
= $2,000 effective valuePer-Block Distribution (10 SP total):
($1,200 / $2,000)
× 10 SP
= 6 SP per block($800 / $2,000)
× 10 SP
= 4 SP per block10-Block Earnings
Remember
Happy farming! 🌾
For more information, please see the relevant contract on our GitHub.