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Boosting Mechanisms in Asymetrix v2
In Asymetrix version 2, we have introduced two distinct boost types:
To be eligible for these BOOSTS, users must provide liquidity in one of the supported pools and then lock their positions within the Asymetrix interface. Currently, Asymetrix supports two ASX/ETH pools:
- Balancer (ASX/ETH ratio is 80/20)
- Uniswap v3 (ASX/ETH ratio is 50/50)
Users can select the pool that best suits their preferences.
BOOSTS will only be activated if you provide liquidity and lock it in Asymetrix. Adding liquidity directly via Balancer or Uniswap websites won't enable these BOOSTS, you need to lock it.
If you didn't use the Asymetrix interface to add liquidity but instead directly contributed to one of the two official pools, your position will still be recognized in the Asymetrix interface. All you'll need to do is lock it in the relevant section of DASHBOARD.
The BOOST types can have the following values:
- ODDS BOOST: Ranges from x1.05 to x4.0
- esASX BOOST: Ranges from x1.05 to x4.0
Two factors affect the size of the BOOST:
- 1.Lock Period: This is straightforward. The minimum time a user can lock their liquidity position is one week, and the maximum 30 weeks.
- 2.Liquidity-to-Deposit Ratio (LTD): This is the ratio of locked liquidity to the user's deposit size in Asymetrix. The minimum required Liquidity-to-Deposit ratio is 10% If this ratio drops below 10%, BOOSTS will be automatically deactivated. Additionally, users who have received esASX with BOOST face the risk of losing previously farmed but unclaimed esASX. When the LTD ratio is less than 10%, these unclaimed esASX tokens become claimable (buy with a discount option) by other users. This applies only to esASX that were farmed with an active BOOST. esASX tokens earned without a BOOST cannot be liquidated.The maximum required Liquidity-to-Deposit ratio is 30%. You can provide and lock up liquidity equivalent to twice your deposit (it would be 200% in this case), but this would be redundant.
Both the Lock Period and LTD have an equal impact on the BOOST size (50% each).
User's LTD = Ratio of provided liquidity to the user's deposit; Max. required LTD = 30% according to current settings; Lock period = number of weeks that the user chooses to lock their position; Max. lock period (in weeks)= 30 according to current settings; C = Constant value, set at 3.0 in current settings; B = Bonus value based on Time Lock * 0.5 for a lock period from 1 to 10 weeks. * 0.75 for a lock period from 11 to 20 weeks. * 1.0 for a lock period from 21 to 30 weeks).
Example #1: User locks in liquidity equal to 15% of his deposit for 15 weeks. BOOST will be calculated as (15%/30% x 0.5 + 15/30 x 0.5) x 3.0 +0.75) = 2.25Example #2: User locks in liquidity equal to 30% of his deposit for 3 weeks. BOOST will be calculated as (30%/30% x 0.5 + 3/30 x 0.5) x 3.0 + 0.5) = 2.15Example #3: User locks in liquidity equal to 21% of his deposit for 30 weeks. BOOST will be calculated as (21%/30% x 0.5 + 30/30 x 0.5) x 3.0 + 1.0) = 3.55
For clarity, below is a table of BOOSTS received at different LTD ratios and lock periods.