Crates

With the goal of providing the best returns for liquidity providers, MOBOX Crates are a set of optimized yield farming Smart Contracts that automatically seek the best yield for users. MOBOX currently supports 4 single token strategies and 8 LP token strategies.

Crate contracts use an optimal auto-compounding strategy to provide users with the best yield possible.

Base Currency Venus Strategy

User deposits base currency into the MOBOX Single Token Crate contract. Crates will utilize leveraged XVS mining and re-invest XVS rewards into the protocol, giving users more of the base currency.

How does leveraging XVS work?

Leveraging mining XVS is achieved by resourcefully supplying and borrowing a single asset, in this case base currency. Through the act of supplying and borrowing on Venus will yield us XVS tokens.

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LP Pancake Strategy

In this instance the user deposits two assets into the Pancake Liquidity Pool (In order to provide a seamless experience, this can be done on the MOBOX platform), and will receive a Pancake LP token. The LP token can be deposited into MOBOX Crates which will utilize CAKE mining and re-invest CAKE rewards into the protocol, giving users more of the base LP.

How does LP auto-compounding work?

Auto-compound mining is achieved by constantly mining CAKE rewards, selling CAKE, and re-investing in the base LP. By supplying LP tokens on Pancake will yield us CAKE rewards.

Fees

Performance Fee (Auto Buyback and Burn) on earnings: 4%

Platform Fee on earnings: 1%

Tiered Withdrawl Fee :

Your tokens can be withdrawn from CRATE contracts at anytime. To prevent bad actors from gaming the system, Crate contracts have a tiered withdrawal fee depending on how long liquidity has been provided for.

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