LFG Wall Street
Stake LFG, earn LFG!
LFGSwap now offers one LFG Wall Street with two staking options: flexible staking or fixed-term staking. Note that the Auto LFG, IFO LFG, and Manual LFG pools will be retired upon the launch of the new LFG Wall Street with flexible and fixed-term staking. Keep reading on to learn more!
What’s the difference between “Flexible” and “Fixed-Term” staking?
With both, you can simply stake your LFG tokens to earn more LFG tokens with no deposit fees—both staking options auto-compound LFG rewards for you. Flexible staking allows users to stake LFG and earn rewards with the ability to unstake whenever they please. Fixed-term staking allows users to maximise their yield and earn even more LFG by locking their staked LFG for a period of time they choose, earning a linearly boosted APY compared to flexible staking.
Flexible staking and fixed-term staking are both part of the same pool to allow users easy migration between the two staking options. Because of this, you can only choose one staking option at a time. More details about the differences are below.
Flexible Staking
Stake your LFG and forget about it! The LFG you stake in this Wall Street will be automatically compounded (reinvested) for you, minus a small fee.
If you have LFG staked in flexible staking
✅ Add more LFG to flexible staking
✅ Harvest rewards any time
✅ Withdraw any time (fees apply for the first 72 hours, see below)
✅ Convert all staked LFG in flexible to fixed-term staking
❌ Add LFG to fixed-term staking if you have any LFG in flexible staking
❌ Convert part of the staked LFG in flexible to fixed-term staking
Unstaking fee
0.1% if you unstake (withdraw) within 72 hours.
Only applies within 3 days of manually staking.
After 3 days, you can unstake with no fee.
The 3-day timer resets every time you manually stake more LFG in the pool.
This fee only applies to manual unstaking: it does not apply to automatic compounding.
Performance fee
2%, subtracted automatically from each yield harvest.
For example, if the harvest were 1 LFG, then 0.02 LFG would be subtracted as the performance fee.
The LFG collected via the unstaking fee and performance fee is burned every week as part of the regular LFG token burns.
This is a good thing for LFG holders because it reduces the overall amount of LFG tokens in existence, which helps reduce inflation.
Fixed-Term Staking
Stake your LFG for a fixed amount of time to maximise yields and receive additional benefits! The staked LFG will be automatically compounded during the entire lock duration.
No performance fees
The longer you lock, the higher the boost applied to the yield! Always offering a higher APY compared to flexible staking!
LFG rewards are auto-compounded and will unlock, along with your staked LFG, when your lock duration expires
Once staked in fixed-term staking, you cannot withdraw until the end of your lock duration.
IFO LFG credit (the maximum amount of LFG they can commit during an IFO) will be determined from the fixed-term staking pool
If you have LFG locked in fixed-term staking
✅ Add more LFG to lock
✅ Extend lock period
❌ Add LFG to flexible staking
❌ Harvest rewards
❌ Withdraw before locked term ends
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