Providing Liquidity $BNRY

Introduction to Liquidity Mining

Liquidity mining is a powerful mechanism in the DeFi ecosystem that rewards users for supplying liquidity to decentralized exchanges (DEXs). By locking up $BNRY in the liquidity pool, participants will earn $BNRY points.

How are $BNRY points calculated in Holding Model?

• Points Earning: Users earn points based on their proportion of the total liquidity in the BNRY/ETH pool on Uniswap V3 featuring a 0.3% fee tier.

• Formula: If a user contributes x amount of liquidity, and the total liquidity in the pool is total, then the user's points for that hour are calculated as

x/total * 100

• An hourly snapshot of the liquidity pool's state is needed to calculate each participant's share and allocate points accordingly.

Next Modules contain how to provide liquidity and remove liquidity (if provided) on Uniswap