🟨
Symbiosis Reward Programs
Getting rewards for liquidity providing with the Symbiosis protocol: Cross-chain farming, SIS LP farming, and veSIS programs. The reward program comparison.
Symbiosis offers three reward programs for users providing liquidity to the Symbiosis protocol:
- 1.Cross-chain farming V2 (Base APR),
- 2.SIS LP farming,
- 3.veSIS,
- 4.Cross-chain farming V2 + veSIS (Boosted APR)
Rewards for these programs are paid in SIS tokens, the Symbiosis protocol token. For more information about the token (rates, Tokenomics, etc.), please refer to SIS Token.
We have collected the main features of the reward programs in the table below.
Cross-chain Farming | SIS LP Farming | veSIS | |
|---|---|---|---|
Estimated APR/APY | 0.9 - 10.9% (APR),
paid weekly | 11.9% (APY),
daily auto-compound | 10.17% (APR),
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 0.9 - 10.9% (depending on the stablecoin),
- Estimated* Boosted APR is 1.1 - 13.6% (depending on 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 program get their part of the liquidity provider fees when they withdraw their assets from the liquidity pools.
The 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
We continue paying the vesting rewards of Cross-chain farming V1. Refer to Cross-chain Farming V1 for more information.