Farming

The $EVOLVE token and farms will launch 4-6 weeks after the protocol is launched.

The Evolve Farming Rewards program is a two-year liquidity mining program that will distribute 17% of the total supply of $EVOLVE to borrowers, leveraged yield farmers, and stakeholders in the Evolve protocol.

Farming serves to reward users who actively participate in the Evolve protocol. Well-executed farming rewards program results in a fair distribution and governance over the Evolve protocol, which is essential to its long-term success.

Farm Weights

These will be announced in the future but we will initially focus emissions on the most popular pairs and then implement a governance and bribe system where users and protocols are able to choose where emissions are targeted.

How to Start Farming

Users who open a new borrow or leveraged position in an eligible farming pool will accrue $EVOLVE rewards. These rewards will be claimable within the Evolve User Interface, in the Farm tab of the lending pool’s detail page.

Users who already have a borrow or leveraged position in an eligible farming pool prior to the start of the Evolve Farming Rewards program, or in a newly-added farming pool, will need to activate farming on the Farm tab of the lending pool’s detail page.