iLFG

What is iLFG?

iLFG is similar to “IFO credits” from the previous IFO LFG staking pool, iLFG will determine the maximum LFG commit limit in the LFGSwap IFO public sales. For example, if you have 200 iLFG, you will be able to commit 200 LFG in any upcoming IFO public sales.

iLFG is NOT a new token, it is a numerical metric being used by the LFGSwap IFO system.

How is iLFG calculated?

The number of iLFG you have is based on the number of LFG staked in the fixed-term LFG staking pool and the total staking duration of your current fixed-term staking position.

iLFG works based on a staking duration threshold for all iLFG users.

If your staking duration is above the threshold, the number of iLFG you have is equal to the number of the LFG in your staking position.

If your staking duration is below the threshold, the number of iLFG you have will be linear decreased and adjusted.

If your staking position is ended, the number of iLFG you have is 0.

For example, if the threshold is 52 weeks:

  • Your current fixed-term staking position has a duration of 60 weeks and 200 staked LFG. Then the number of iLFG you have is 200.

  • Your current fixed-term staking position has a duration of 21 weeks and 200 staked LFG. Then the number of iLFG you have equals 200 × (21 ÷ 52) = 80.7.

  • Your current fixed-term staking position has a duration of 7 weeks and 200 staked LFG. Then the number of iLFG you have equals 200 × (7 ÷ 52) = 27.

  • Your current fixed-term staking position has a duration of 10 weeks and 200 staked LFG. But the position is ended. Then the number of iLFG you have is 0.

Your staking duration is equal to or longer than the threshold
Your staking duration is shorter than the threshold

iLFG Amount

Equals your Locked iLFG Amount

Equals your Locked iLFG Amount x (Your Staking Duration / Threshold)

How to check the number of iLFG I have?

You can check the number of iLFG you have in the IFO page here.

How to increase the number of iLFG I have?

You can increase the number of iLFG you have by:

  • Adding more LFG to your fixed-term staking position in the LFG pool.

  • Extend your fixed-term staking durations if your current durations is shorter than the threshold.

You can preview the number of iLFG generated from your staking position when adjusting or initializing the fixed-staking.

What is the threshold for iLFG calculations?

Between each IFOs, the LFG Team will optimize the threshold based on the average staking duration of the fixed-term staking LFG pool. The adjustment will be published on all social channels.

You can check the current threshold for iLFG calculations by hovering or tapping the underlined iLFG text in the LFG pool window.

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