📔
Bella Protocol
  • What is Flex Savings v2
  • Contract Address
  • Features
  • Service Fee
  • Instructions
  • Frequently Asked Questions (FAQ)
  • LP Farm
    • About Bella LP Farm
    • LP Farm Contract Addresses
    • LP Farm Features
    • Tutorial
      • Connect Your Wallet
      • Get Ready for Action: Setting Up Your Liquidity Position for Bella LP Farm
      • Start to Farm
      • Claim and Withdraw Rewards
  • AI Bot
    • Getting Started
    • Bella Signal Bot
      • AI Signal Models
      • Tutorial
        • Subscribe a Token Pair
        • View Supported Pairs
        • View Subscribed Pairs
        • View ViperAI LivePerformanceData
        • Unsubscribe Token Pairs
    • Bella Research Bot
      • Text Search
      • Tutorial
        • Text Search
        • Research Trading Pairs
Powered by GitBook
On this page
  • Is there a wallet address of burned tokens?
  • Is there any way I can reduce my ETH fees for each transaction?
  • Does the 145% APY assume you are farming for 30 days locked in? i.e., you are getting the 1.6x multiplier
  • About the reward multiplier, for example, if you select 30 days, is the number of BEL displayed after you click claim multiplied by 1.6 times?
  • I staked 2 sets of bUSDC with different vesting period into the farm. How do I unstake the 1st transaction without unstaking the 2nd?

Was this helpful?

Frequently Asked Questions (FAQ)

Is there a wallet address of burned tokens?

Everything happens on-chain via smart contract, token burn will happen when we do Step 2. We convert 4% of CRV token into BEL instead of USDC and send directly to 0x0000000 address.

Is there any way I can reduce my ETH fees for each transaction?

Nah, not really, actually it’s cheaper to use Flex Savings v.s. save in Curve, Compound, or other protocols.

Does the 145% APY assume you are farming for 30 days locked in? i.e., you are getting the 1.6x multiplier

It’s the average - for example, if userA staked 10k with 30day, and userB staked 20k with instant. Then weighted average = (10k x 1.6 + 20k x 1) / (10k + 20k) = 1.2. 145% is calculated based on with 1.2 average. So if you chose 30day, then the actual APY will be higher than 145%.

About the reward multiplier, for example, if you select 30 days, is the number of BEL displayed after you click claim multiplied by 1.6 times?

Not necessarily, the calculation will be relatively complex. For example, if user A deposits $1 million and chooses the 30-day delay time with 1.6x reward multiplier, and user B deposits $2 million and chooses instant with1x reward multiplier.

If the reward is $1 million per year, the displayed APY is 100 / (100 x 1.6 + 200 x 1) = 28%, and the actual interest for user A is 100 x (160/360) = 444,000 USD, 44% APY, while the actual interest for user B is 555,000 USD, 27.75% APY.

I staked 2 sets of bUSDC with different vesting period into the farm. How do I unstake the 1st transaction without unstaking the 2nd?

Choose the correct vesting period and you can see balance, then click "Unstake" - choose period - see your balance of bToken.

PreviousInstructionsNextAbout Bella LP Farm

Last updated 1 year ago

Was this helpful?