Liquidity Tickets (LP-to-play)
Last updated
Last updated
The concept of LP-to-play is designed to allow players to combine their DeFi strategies with gameplay stragetic decisions. Instead of buying a ticket with ETH, users can stake their Uniswap v3 position NFTs and play with the fees their liquidity position generates. How it works: 1. The user selects which Uniswap liquidity position he would like to stake 2. Once the position is unstaked, the ticket becomes closed and final, all fees are converted to ETH. Any fees collected by the Uniswap position while it was staked will be counted for the ticket Additional benefit for LP-to-play: Time Staked Multiplier - When staking UNI-V3 Position NFTs, this new element comes into play. The more time the user stakes his lp token, the higher the multiple for his ticket. Note - the fees collected before staking do not count as part of the time multiplier. Overview of the "time staked multiplier" under the multipliers sections How it works:
For the multiplier increase over time - see multipliers section
The user can unstake his liquidity at any time
When the user unstakes his liquidity (no matter if before or during the claim win period), the time staked multiplier is finalized
Supported pairs (On Uniswap v3 on Arbitrum):
The supported pairs list will be updated over time with additional pairs
