COLONY LP Bonus Shares

in #sps6 months ago

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In some of the LP pools when you look at beeswap you can see that a few have various bonus shares and it appears to work in a weighted average sort of way where when you add new liquidity it reduces the bonus overall received as the new shares have not been in the pool for as long as the others and will not have accumulated as many bonus shares and if you remove your liquidity you lose your bonus shares. The bonus shares can be quite a big % and if you start with a larger amount say 1000 dollars or 10000 dollars the bonus share % is the equivalent of at 30% like the bottom pool shows having 1300 or 13000 earning shares in the pools after 30 days and you will get distributions as if you had the larger amount as long as you leave your liquidity in the pool which is the bonus for leaving liquidity locked in certain LPs. All of the old SPL pools do not have this but the new colony pools have the 1% bonus per day attached as a time bonus giving you extra earning shares each day you leave it in the pool and these rewards are set at a little under 2 years as of now so this might be changed at some point and the bonus shares may not be issued after that it is not known at this time and if the pool expires we do not know what the reward replacement will be.

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