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spNFT farming tips

Flack Exchange: Maximizing Returns with spNFT Farming

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🚀 spNFT Farming Tips: Leveraging Emissions for Greater Rewards

Flack Exchange enables a distinctive farming experience using spNFTs, creating opportunities for enhanced yields.

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🌾 Understanding spNFT Farming

  • Layered Incentives: spNFTs function within a separate incentive layer, where positions linked to incentivized pairs accrue rewards from farming emissions.

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🔍 Identifying Incentivized Pools

  • Pool Tab Navigation: In both V2 and V3 Vaults, look for the specific icon next to the pair to identify pools with x/FLACK emissions.

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⚙️ Farming Mechanics

  1. Automatic Rewards:

    • Fee & Incentive Earnings: Creating an spNFT automatically yields LP swap fees and farm incentives.

  2. Enhanced Rewards:

    • 🔐 Locks and Boosters: Utilize locks and FLACK's yield booster to magnify farm rewards.

    • 🔥 Hyper Pool Deposits: Deposit spNFTs in Hyper Pools for added rewards atop trading fees and farm incentives.

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🧩 spNFT Farming Examples

  1. Example A (FLACK/USDC Pair):

    • 🌱 Incentive-Driven Yield: The incentivized FLACK/USDC position generates farming rewards plus a share of FLACK/ETH transaction fees.

  2. Example B (XYZ/USDC Pair):

    • 🔀 Nitro Pool Strategy: For non-incentivized XYZ/USDC spNFTs, depositing in a corresponding Hyper Pool garners Nitro rewards and a share of XYZ/USDC transaction fees.

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🏆 Maximizing spNFT Farming

  • 🌟 Strategic Approach:

    • ETH/USDC Example: Create an incentivized ETH/USDC spNFT, apply a yield booster, lock for extra APR, and deposit in an ETH/USDC Hyper Pool.

    • Cumulative Benefits: Enjoy a share of ETH/USDC transaction fees, boosted farming emissions yield, plus Hyper Pool rewards.

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