Liquidity Pools and Farms

The easiest way to participate in the Gorple supply distribution is by providing liquidity to our farms. Users can provide liquidity to Gorple farms and start generating yield. We offer a selection of whitelisted farms across multiple blockchains. By providing liquidity, users create a liquidity provider (LP) position on our partner's DEX AMM, which is then staked in our custom contracts. This process mints a Composable Derivative Token (CDT), allowing users to borrow against their interest-earning positions while already earning swap fees and $GORPLE rewards.

Providing liquidity within our farms makes users eligible for $GORPLE incentives, which operate under a unique two-token system:

• 30% of rewards are given upfront in GORPLE tokens

• The remaining 70% is issued as xGORPLE tokens, which gradually unlock over a 17-day period

It's important to note that only the death pools (GORPLE/ETH, GORPLE/wBNB, and GORPLE/SOL pairs) receive their tokens in a 30/70 split.

For all other whitelisted assets, rewards are given 100% in xGORPLE. This design helps us maintain bullish price momentum for the token, as you either need to take exposure to receive liquid GORPLE or actively participate in the redeem and slashing mechanism.

You can choose to slash your xGORPLE for liquid GORPLE tokens anytime you want! The number of liquid tokens you receive will vary depending on when you initiate the slash transaction. This paves the way for complex strategies: some might choose to slash their early rewards to rapidly compound returns, while others may opt not to trigger the redeem period, allocating their xGORPLE to the boosting module instead.