LP Stake
LP Stake is a smart contract that allows users to become liquidity providers, and earn through trading fees and Samecoin rewards.

LP Stake

For automated market makers (AMMs) like Uniswap, Curve, and Balancer to function, crypto liquidity providers must contribute assets to crypto liquidity pools. When tokens are deposited into a crypto liquidity pool, the platform automatically generates a new token that represents the share the depositor owns of that pool. This is called a liquidity provider (LP) token, and it can be used for a multiple functions both within its native platform and other decentralized finance (DeFi) apps. This has the effect of multiplying the liquidity available in the DeFi ecosystem. You can read more about this here.
Samecoin Protocol provides a LP Stake Smart Contract that encourages users to become liquidity providers. For example, you can deposit Samecoin and USDT into a liquidity pool which is then created at PancakeSwap. This gives you SAME-USDT LP tokens representing your shares of the pool.
You can then stake the SAME-USDT LP tokens into the LP Stake pool to start gaining Samecoin rewards.
LP Stake Rewards = [ls/LS] * Rls
ls: This user‘s LP Token staking amounts per block LS: The last user’s LP Token staking amounts per block Rls: LP Stake rewards per block
APR
APY (Annual Percentage Rate), is calculated based on the rewards value and the staked assets value. The formula is as follow:
APR = (Annual LP Staked Rewards * Samecoin's Price ) / TVL
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