Feliz
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  • FLZ Token
    • FLZ Token
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Maintaining Eligibility Status

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Last updated 1 year ago

Remember: a minimum 5% ratio between your total deposit value and fLP value must be maintained at all times to remain eligible!

As a risk asset, pricing volatility may swing users in and out of eligibility.

Example:

  • Liam has $5 of fLP and $100 of USDC deposits, which means Liam has met the 5% requirement (eligible for emissions)

  • The price of WFTM declines 5%, thus taking the value of fLP down below $5, and Liam is now below the 5% threshold required to earn emissions

The protocol needs to check the eligibility state constantly to determine who is in and who is out.

When you are eligible, banners at the top of each page will indicate "Emissions active."

If a money market participant wishes to increase the likelihood of remaining eligible for FLZ emissions, consider maintaining a buffer zone above the 5% threshold to account for volatility.

Example:

Roger deposits $1,000 USDC in the money market and needs to lock at least $50 of fLP to qualify for FLZ emissions.

Roger decides to lock $60 fLP (10% above the threshold) to maintain eligibility status in the event of volatility.

Additionally, users can enable auto-compound & auto-relock from the Manage page to increase the likelihood of retaining eligibility status.

If you fall out of eligibility, a "boost inactive" notification is visible at the top of each page and indicates the amount of fLP required to regain eligibility. Click "" and follow the prompts to resume receiving $FLZ emissions.

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