Liquidity Mining Emissions
Details about RUBY yield farming rewards and pool allocations.
Pools and Staking
Ruby will offer RUBY liquidity mining rewards in all XY=K liquidity pools as well as the StableSwap 4Pool. Selected pools will offer SKL rewards in the near future. There will also be single-sided RUBY staking.
Mining Emissions
Ruby.Exchange has allocated a maximum total of 100 million RUBY tokens for distribution as staking and liquidity rewards, over a period of five years. During the bootstrapping phase, a nominal amount of rewards will be released, with the amount being increased in line with TVL and market volumes.
Maximum distribution will follow a "thirdening" model. Rewards will be emitted evenly over the course of a year, and reduced by a third every successive year, with a larger decrease of around 69% in the final year.
Year 1: 40 million RUBY (3,333,333.33 RUBY per month)
Year 2: 26,666,666.67 RUBY (2,222,222.22 RUBY per month)
Year 3: 17,777,777.78 RUBY (1,481,481.48 RUBY per month)
Year 4: 11,851,851.85 RUBY (987,654.32 RUBY per month)
Year 5: 3,703,703.70 RUBY (306,172.84 RUBY per month)
Allocation of Rewards
Of the rewards distributed, 20% are allocated to LPs who supply liquidity to Ruby's StableSwap 4Pool, with the remaining 80% allocated to the XY=K pools. The current allocation of rewards across pools is currently as follows:
RUBY-USDP: 32%
ETH-USDP: 18%
SKL-USDP: 18%
WBTC-USDP: 10%
SKILL-USDP: 2%
StableSwap 4Pool: 20%
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