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 MBOX-BNB LP token strategies.
Type | Deposit Token | How to obtain | Strategy | Contract |
LP | MBOX-BNB | Deposit LP from Pancake MBOX-BNB | PancakeSwap | 0x8FA59693458289914dB0097F5F366d771B7a7C3F |
Crate contracts use an optimal auto-compounding strategy to provide users with the best yield possible.
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Your tokens can be withdrawn from CRATE contracts at anytime.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.
Liquidity Time | Withdraw Fee |
7 days or less | 0.5% |
8 - 14 days | 0.4% |
15 - 30 days | 0.3% |
31 - 90 days | 0.2% |
91 - 180 days | 0.1% |
More than 181 days | 0% |
Last modified 22d ago