🟨
Symbiosis Reward Programs
Receive rewards for providing liquidity with the Symbiosis protocol: Cross-chain Farming, SIS LP Farming, and veSIS programs. The comparison of reward programs.
Symbiosis offers three reward programs for users who provide liquidity to the Symbiosis protocol:
- 1.Cross-chain Farming This program offers a base APR
- 2.SIS LP Farming
- 3.veSIS This program is for those who want to receive rewards, voting power, and boost the APR of Cross-chain Farming
- 4.Cross-chain farming V2 + veSIS Participation in two programs increases the rewards.
Rewards for these programs are paid in SIS tokens, the Symbiosis protocol token. For more information about the token (rates, tokenomics, etc.), see SIS Token.
We have summarized the main features of the reward programs in the table below.
Cross-chain Farming | SIS LP Farming | veSIS | |
|---|---|---|---|
Estimated APR/APY | APR 0.9 - 20%,
paid weekly | APY
11.9% on Ethereum,
25.3% on Arbitrum,
daily auto-compound | APR
9.01% on Ethereum,
34.3% on BOB chain
paid weekly |
Assets | Stablecoins added to the Symbiosis liquidity pool V2 | ETH/SIS tokens added to Uniswap or SushiSwap liquidity pools | SIS tokens
locked in a Symbiosis smart contract |
Rewards | SIS tokens | SIS tokens | SIS tokens |
Assets withdrawal | At any time | At any time | Once the chosen lock period is over |
Rewards claiming | At any time, partly | At any time, in full | At any time, in full |
More info |
Cross-chain Farming + veSIS -> Boosted APR
Users who participate in two reward programs: Cross-chain Farming and veSIS get boosted APR instead of base APR.
- Estimated* Base APR is 0.39 - 16.24% (depending on the stablecoin),
- Estimated* Boosted APR is 0.5 - 20.01% (depending on the stablecoin),
* Estimated APR values are calculated based on the total number of tokens locked at the time of calculation and the amount of rewards allocated weekly.
+ Liquidity provider fees
Users who joined the Cross-chain Farming or SIS LP Farming programs get their share of the liquidity provider fees when they withdraw their assets from the liquidity pools.
Liquidity provider fees are charged for all swaps performed on an AMM pool. The fees taken during trades are added to the total liquidity of the pool. When a liquidity provider withdraws their assets from the pool, they also receive a proportional share of all fees collected since the liquidity was first added. This mechanism is a part of the AMM pool protocol. The reward amount depends on the trading activity in the pool and is hard to predict. The rewards are in the tokens of the pool.
Cross-chain Farming V1
Attention Symbiosis protocol V1' liquidity providers:
Octopool and all our reward programs (veSIS on Ethereum/BNB chain, LP Farming) are integrated with the De.Fi Dashboard. The integration allows you to view all your assets deposited in Symbiosis with De.Fi.
How to check:
- 1.Just go to De.Fi, connect your wallet or enter the address you used to deposit assets to veSIS and/or to Symbiosis Octopool, and scroll down to the protocols section:
- 2.Click the protocol name to see details:
