APY.Finance Announcements – Telegram
You've been asking, we've been working!

📢 APY.Finance Litepaper is OUT now, chock full of information! Have you ever wondered about:

How the liquidity pool works
What makes our yield farming strategies tick
Portfolio rebalancing & optimization


Get your fill of DeFi👇
APY.Finance Litepaper
📢 Straight off the back of the last announcement & onto the next 🔥🔥🔥

We're very pleased to announce BONUS Liquidity Mining Rewards!

💸 We're retroactively going back & rewarding ALL depositors with some bonus $APY...

In total, we are giving out 840k $APY tokens which are backed by a quadratic formula meant to reward all depositors, with the smaller depositors receiving the biggest slice of the pie 🍰

The best part? You don't even need to currently be staking with us!

In addition to the 840k $APY, we'll also start our Flash Rewards program. While Flash Rewards are active, users who are staking will benefit from increased Liquidity Mining Rewards 🔥.

🗓 Flash Rewards are live starting November 2 10:00 EST / 14:00 UTC to November 4 10:00 EST / 14:00 UTC

https://medium.com/apy-finance/bonus-liquidity-mining-rewards-ddbec3319f54
🔥IMPORTANT $APY UPDATE!🔥

The majority of our early Seed Investors have voluntarily offered to lock 75%+ of their initial tokens for 1 year. 🔐

Read the full Medium post below 👇
https://medium.com/apy-finance/apy-finance-investors-pledge-to-lock-tokens-d5433b4ec074
📌 UPDATE!📌

💥 The $APY LBP is now live! 💥

https://dashboard.apy.finance/lbp

~2.6M APY tokens will be available on Balancer’s Liquidity Bootstrapping Pool (LBP).

The LBP will end roughly around November 7, 2020 at 9:00 EST or 14:00 UTC with the exact block number of 11210798.

🚨 IMPORTANT 🚨

Make sure to read the guide before participating: https://medium.com/apy-finance/apy-finances-lbp-step-by-step-guide-8a46d9ade88c
Dear community,

We have just reached the 24hr mark for our IDO on Balancer’s Liquidity Pool! Thank you to everyone who has participated, or is planning on participating during the last day!


Since starting the APY.Finance journey we’ve learned a lot about you, and you’ve had time to learn about us! So far, we initiated a few community campaigns since we wanted to give back to our early supporters (that’s you!).

Let’s do a quick recap, shall we?

Opened our Liquidity Mining Program, creating early governance token ($APY) holders.

Went back & retroactively rewarded those who had provided and/or continue to mine $APY on our platform, focusing on rewarding those with the smallest of balances.

Held a pre-LBP 'Flash Rewards' campaign to reward current liquidity miners with extra tokens, as a thanks for keeping their capital locked with us.

Reached an agreement with our Seed Investors to stake 75%+ of their tokens for 1 year, ensuring the longevity of our ecosystem & token, but also creating more players for governance!


Now, we really want to seal the deal. We’re giving everyone who participates in the LBP one last chance to earn some extra rewards… Giveaway announcement below.👇

https://twitter.com/apyfinance/status/1324713152098033667
APY.Finance LBP Live Stats 📊:

1️⃣ Current price: $0.40
2️⃣ Initial Market Cap: $3.0 Million

👉 LBP Step by Step guide: LINK
👉
LBP Dashboard: LINK

Time left: 19 Hours 30 Minutes 🕑
APY.Finance LBP Live Stats 📊:

1️⃣ Current price: $0.404
2️⃣ Initial Market Cap: $2.8 Million

👉 LBP Step by Step guide: LINK
👉
LBP Dashboard: LINK

Time left: 6 Hours 🕑
Timer
APY.Finance LBP Live Stats 📊:

1️⃣ Current price: $0.52
2️⃣ Initial Market Cap: $3.8 Million

👉 LBP Step by Step guide: LINK
👉
LBP Dashboard: LINK. It's the final stretch.

Time left: 2 Hours 🕑 Timer
APY.Finance LBP Live Stats 📊:

1️⃣ Current price: $0.62
2️⃣ Initial Market Cap: $4.46 Million

👉 LBP Step by Step guide: LINK
👉 LBP Dashboard: LINK. It's the final stretch.

❗️ Time left: 1 Hour 🕑 Timer ❗️
🥳 We're happy to announce that our @BalancerLabs Liquidity Bootstrapping Pool IDO is now officially over!

We'd like to thank everyone who participated.🔥

📈Here are some further fun stats about the LBP:

1️⃣ Total LBP Participants: 451
2️⃣ Total # of transactions: 1,535
3️⃣ Highest Price: $2.50
4️⃣ Lowest Price: $0.33
5️⃣ Closing Price: $0.61

👉 Please stay tuned for more information regarding our post-LBP plans, we're currently working out the last details, we'll get this out to you as soon as possible!

⚠️ In the meantime, please do be aware that we haven't seeded any liquidity to Uniswap

💯 We really couldn't have come this far without you! Your early support for our project has been tremendous. We look forward to having you with us on our automated, hassle-free #yieldfarming journey. It'll be an exciting one for sure.

Tweet this.
Post-LBP Update:

We've now seeded liquidity to a @BalancerLabs $APY / $USDC Pool (80/20).

📊 Swap between $USDC and $APY on Balancer here: https://balancer.exchange/#/swap/0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48/0x95a4492F028aa1fd432Ea71146b433E7B4446611.

🦄 Meanwhile, we are finalizing details for an incentive program to reward those providing liquidity on @UniswapProtocol and @BalancerLabs.

👉 Details will be announced this upcoming week along with additional liquidity provided on Uniswap.

Stay tuned!
Dear Community,

👉 We have officially completed our $APY / $ETH liquidity seeding on @UniswapProtocol.

Link to the Uniswap swap pool: https://app.uniswap.org/#/swap?outputCurrency=0x95a4492F028aa1fd432Ea71146b433E7B4446611

⚠️ If you cannot see your $APY tokens in your MetaMask, use the custom token functionality and add it. Here is the Token Address:
0x95a4492F028aa1fd432Ea71146b433E7B4446611

🦄 Meanwhile, we are finalizing details for an incentive program to reward those providing liquidity on @UniswapProtocol and @BalancerLabs. Details will be announced soon.

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🔗 RELEVANT LINKS

🔸 Website
🔸 Litepaper
🔸 Medium
🔸 Twitter
Dear Community,

👉 We are ready with our plans for LP Liquidity Program. The program incentivizes those that provide liquidity on @UniswapProtocol and @BalancerLabs.

👨‍🦰👱‍♀️Who are LPs:
Liquidity providers (LP) promote healthier liquidity in the ecosystem. Anyone can become a liquidity provider by depositing tokens into a smart contract and receive pool tokens in return.

🔥 Details about LP incentive program:

1️⃣ Token holders that provide liquidity to Uniswap and Balancer are able to earn APY token rewards via the Reward UI. The Reward UI will be available on Nov 13th.
2️⃣ Token holders that provided liquidity before Nov 13th will be retroactively rewarded.
3️⃣ 5,000 APY tokens per day will be rewarded to each pool in Uniswap and Balancer.

More about LP incentive program in our Medium post. 👀
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🔗 Relevant Links:

🔸 Link to the Uniswap swap pool (APY/ ETH)
🔸 Link to the Balancer swap pool (APY/ USDC)
🔸 Website | Litepaper
🔸 Medium
🔸 Twitter
Security Audit of the $APY Governance Token is complete!
The findings from the security firm - 'HalbornSecurity' show APY Governance smart contracts at a "Low Risk Level". 💯

During their audit, Halborn looked at parameters:
1️⃣ The architecture, purpose & use of the Governance Token
2️⃣ Smart Contract Manual
3️⃣ Testnet deployment
4️⃣ Smart Contract analysis & automatic exploitation

👉 For those of you interested, here's the link to the report in full: https://github.com/apy-finance/apy-audits/blob/main/APY_Finance_governance_token_reward_halborn_report_V1.1.pdf
Retroactive Rewards : You can now check how much $APY you've been given retroactively, based on your balance!

Remember, 👀
1️⃣ Rewards have been given based on a quadratic formula that prioritized smaller depositors over larger ones first!.
2️⃣ Rewards are given to those who participated in the Liquidity Mining Rewards until October 29 20:00 EST / October 30 00:00 UTC.
3️⃣ To check your cumulative rewards, combine Week 1 - 4 reports

👉 Link to access quadratic (retroactive) rewards Blobs Week 1 to 4: https://github.com/apy-finance/apy-blobs
💸 The $APY LP Reward Program is now LIVE!

APY․Finance Governance Token holders are now able to earn rewards in exchange for providing liquidity on either @UniswapProtocol or @BalancerLabs! Both platforms will provide the same amount of rewards.

Link to LP reward article: https://medium.com/apy-finance/introducing-the-apy-lp-reward-program-95d6330f28ff

👉 Those of you who were already participating & providing liquidity before the 13th of November will be retroactively rewarded for being early adopters. The rewards will be automatically distributed to your address, so just sit tight!

👉 Those of you who are interested in participating in the LP Reward Program, you will need to stake your LP tokens (UNI-V2 or BPT) once received! You can do so via the new APY․Finance Staking UI : https://dashboard.apy.finance/staking

⚠️ Just one more important thing to note: Please make sure that from now on you're ONLY staking via our dedicated staking UI.
APY.Finance is now integrated in 1inch. exchange. 📊 Now using 1inch.exchange, users can discover the most efficient swapping routes across DEXes and get the best rates (buy/sell) for APY tokens.

About 1inch. exchange:
1Inch is a liquidity aggregator, pulling liquidity from exchanges including Uniswap, Balancer, Kyber, Bancor, Mooniswap and others.
This summer, 1Inch Exchange reported passing $1 billion threshold in the total volume of tokens going through its smart contracts.

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🔗 Relevant Links:

🔸 Link to the Uniswap swap pool (APY/ ETH)
🔸 Link to the Balancer swap pool (APY/ USDC)
🔸 Website | Litepaper | Medium | Twitter