What are the parameters required to create FaaS pools?
Asked 3 years ago
I want to create a FaaS pool of my own. What are the parameters required to create FaaS pools?
Isaias Gallegos
Friday, July 15, 2022
FaaS is the fastest and most straightforward approach for startups to jump-start their token liquidity without any advance payment or expense. Value DeFi doesn’t require any permission to function. You only need to create your vFarms (FaaS liquidity pools) and allow your community to stake tokens.
Here are the parameters for creating your own FaaS pool:
- Choose your token pairs
- Specify the pool weight, i.e., 98-2%
- Specify the reward token
- State the reward per block - the number of tokens you will distribute as rewards for each ETH block for the liquidity providers (LPs)
- Stipulate the reward percentage, i.e., the share of allocated rewards locked till a given ETH block height is achieved
- Enter the reward start and end blocks
- Specify the vesting start and end blocks – the ETH block height where the pool starts allocating locked rewards to LPs
- Unstaking frozen period – the time required by LPs to lock their stakes at your vFarms
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