LP/Staking

👨‍🎨 +🎨 =👨‍🌾 Who knew painters could be farmers?!

Primary liquidity for $BRUSH-$S is hosted on Shadowarrow-up-right and Equalizerarrow-up-right exchanges on Sonic.

Shadow's x(3,3) model for LP

In the SHADOW model, liquidity providers stake their $BRUSH-$S LP tokens in a SHADOW gauge to earn a portion of the swap fees along with emissions in the form of SHADOW tokens.

The more votes allocated to a liquidity pair by xSHADOW voters, the more SHADOW that will be emitted to the $BRUSH-$S gauge in the following epoch.

Equalizer's ve(3,3) model for LP

Brush liquidity is also hosted on Equalizer ve(3,3) dex. The $BRUSH/$WS LP receives $EQUAL emissions based on veEqual votes received by the pool every week.

Rewards for $BRUSH-$S LP providers

Paintswap community’s liquidity has traditionally been the highest(!) of any Fantom ecosystem token in a 50–50 pool. This continues on Sonic. Following are the ways $BRUSH LP holders are rewarded:

  • Superior APR: As the result of our partnership with Shadow, the protocol offers direct incentives to $BRUSH-$S liquidity providers through their voting weight. We also utilize our protocol fees to offer bribes where needed to boost this even further hence maintaining sustained higher APR.

  • Sonic Airdrop points for BRUSH liquidity: Sonic labs has confirmed that $BRUSH/$S LP holders will receive Sonic points (user points) for the $S portion of the LP! For all the details read their post Sonic Points and Gems Explained — ~200 Million S Airdroparrow-up-right.

  • Using FeeM for Bribes: Paintswap has been either 1st or 2nd in the rankings for every quarterly fee monetization leaderboardarrow-up-right in past years. This additional revenue is used for bribing votes on pools to incentivize liquidity for the $BRUSH-$S pair on Shadow exchange.

Alternative to Single Side Staking

Our 80–20 $BRUSH-$scUSD pool on beets.fiarrow-up-right replaces the traditional single side staking for $BRUSH. The 80-20 balanced pool incentivizes lower impermanent loss LP strategies. Hence making it close to the single-sided staking. The rewards include:

  • LP trading fees.

  • BEETs emissions from bribing voters.

  • Potential $S & $BRUSH rewards from our DAO

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