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FREQUENTLY ASKED QUESTIONS
FAQ

Yield Farming & LP Incentivization Programs

What is Yield Farming in NEPRIV?
The Yield Farming staking contract will be among the first mechanisms delivering initial $NEP token distribution to the community. This contract will hold 8% of the total supply and will be distributed to community members who stake DAI, USDC, USDT, TUSD, BUSD, ESD & sUSD. Tokens to be distributed: 40,000,000 $NEP. Program duration: 25 weeks. Start date: TBD.
How many $NEP tokens will be allocated to Yield Farming program?
Yield Farming staking contract will hold 8% (40,000,000 $NEP tokens) of the total supply and will be distributed to community members who stake DAI, USDC, BUSD, TUSD, USDT, ESD, and sUSD.
What tokens could I stake in the Yield Farming program?
Stablecoins - specifically DAI, USDC, USDT, BUSD, TUSD, ESD, and sUSD.
Will there be any difference in rewards between staking USDC, USDT, BUSD, TUSD, DAI, or sUSD?
No, they are all equally rewarded. 1 USDC = 1 USDT = 1 TUSD = 1 BUSD = 1 DAI = 1 sUSD.
What is an APY?
You will be able to check the APY for both Pool 1 (Yield Farming) and Pool 2 (LP Incentivization) on CoinGecko.
What is Liquidity Pool Incentivization in NEPRIV?
The concept behind the Liquidity Pool Incentivization initiative will be to reward long-term liquidity providers with progressively more power over the protocol as they continue to signal their belief in the NEPRI Finance vision. Participants who believe in the vision represent the community, we hope, will gain significant control over the protocol’s long-term evolution, and are therefore the users who should be rewarded with the most plentiful harvest. Tokens to be distributed: 100,000,000 $NEP. Program duration: 100 weeks.
How many $NEP tokens will be allocated to the Liquidity Pool Incentivization program?
This initiative will be granted with 20% (100,000,000 $NEP tokens) and each epic will have 1000000 $NEP tokens to start. The Liquidity Pool Incentivization will run for 100 weeks and each epic will last 1 week. At the end of the epic, the users can claim their $NEP.
How will I earn with LP Incentivization?
1.You will Go to the Uniswap $NEP/USDC pool and start providing liquidity. 2. Get LP tokens. 3. Stake LP tokens on NEPRIV platform.
What if I will deposit after the start of the epic?
When staling tokens during an epic that’s currently running, your effective deposit amount will be proportionally reduced by the time that has passed from the start of the epic. For example, if you will deposit the funds in the middle of epic, you’ll get a 0.5 multiplier. That’s why there will be TVL and effective TVL displayed on NEPRIV platform.
What if I will withdraw before the end of the epoch?
If you will withdraw your deposit before the end of the epic your potential $NEP reward will be lost.
What tokens will I stake in the Liquidity Pool Incentivization program?
You will have to stake the uniswapv2 LP tokens (USDC_NEP_UNI_LP). You’ll get them for providing liquidity to the NEP/USDC pool on Uniswap.
How will Uniswap rewards distributed in the NEP/USDC Liquidity Pool?
NEPRIV Uniswap fees WILL not BE automatically distributed. They will be added to the pool, so when you burn your LP tokens and withdraw your liquidity from the pool, you’ll also get the fees. The staking contract will not collect any fees and neither will NEPRIV. You can read more here https://uniswap.org/docs/v2/advanced-topics/fees/. Check out the first paragraph - “Liquidity provider fees”.
What will be Liquidity Mining in the NEPRIV ecosystem?
Liquidity mining in the NEPRIV ecosystem will be a two-phased liquidity mining program that is releasing staking contracts with distinct specifications around $NEP token distribution. Liquidity Mining consists of Yield Farming and LP Incentivization programs.
What is the difference between Yield Farming and Liquidity Mining on NEPRIV?
Yield Farming will be the first mechanism delivering initial $NEP token distribution to the community. This contract will hold 8% of the total supply (40,000,000 $NEP tokens) and will be distributed to community members who stake DAI, USDC, USDT, BUSD, ESD, TUSD, & sUSD during the period of 25 weeks. Phase two is the Liquidity Mining Incentivization Program. This initiative will be granted 20% of the total supply (100,000,000 $NEP tokens) and each epoch has 1000000 $NEP tokens. This will last 100 weeks.
Will my rewards burn if I don't claim them each Monday?
No, it will accumulate for however much time you stay staked in the pool.
Why will Yield Farming and Liquidity Mining be done?
We will design Pool 1 and Pool 2 to distribute the token to the community. Pool 1 will be providing proof of capital to the network at 8% of the supply. It's to ensure decentralized governance from day 1 when the products are live. Pool 2 will allow to earn additional token incentives as well as provides liquidity.

SMARC Yield & SMARC PHARAON

What is a class?
Classes, also called tranches are pieces of a pooled collection of securities, usually debt instruments, that are split up by risk or other characteristics in order to be marketable to different investors. Classes and tranches carry different maturities, yields, and degrees of risk—and privileges in repayment in case of default.
What are senior and junior tranches?
Senior and junior tranches will be available in our first products - SMARC PHARAON & SMARC Bonds. In the meantime, we will start distributing $NEP tokens to the community running Yield Farming & LP Incentivization programs.
What is SMARC Yield Bond?
This will be the first DeFi product of the NEPRIV platform designed to mitigate interest rate volatility risk using debt-based derivatives.
What is SMARC PHARAON Bond?
Market Price Exposure Risk Mitigation using tranched volatility derivatives.
The SMARC PHARAON bonds will not be structured via traditional yield tranches but instead with various levels of market price exposure, which we will call risk scores. The idea is that every bucket or tranche of price exposure does not need to be flat across the entire risk curve, meaning the first $100 of price exposure does not need to deserve the same upside and downside volatility. This is similar to having fractional ownership but with different risk/reward for the fractions.
Last modified 7mo ago