🎉Vested Bonuses/TVL
Members' bonuses for staking and increasing TVL
1. Details of Tier Bonuses:
Members will receive a bonus of their FATE balance in the FATE-USDC pools when we pass the below TVL goals for that pool and take a snapshot.
Until the snapshot is taken please do not remove your staked LP until we announce the snapshot has been taken (we will not be automating this process)
50% - +$50,000
30% - +$100,000
25% - +$250,000
The bonus will go into the vest balance merkle distribution(s), which cannot start until we have a minimum TVL.
Simplified Example of how this will work:
If you have 10,000 FATE staked in the FATE-USDC pool and keep the FATE in the LP at a balance of 10,000 as we hit the 3 tiers’ goals through $250,000 and have 100 FATE when we take the last snapshot will receive: 10,500 FATE
5,000 FATE
3,000 FATE
2,500 FATE
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