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$LFG Token/LFGrow Protocol Mechanisms

The $LFG token functions symbiotically with our ecosystem products and the later explained $LFYIELD token, operating as an overhauled and heavily upgraded version of OHM.

This is complete with bonding, staking, and competitive APR's for $LFG holders. Employing OHM's incredible capacity to build a protocol-owned treasury, and deliver high APRs to stakers, but with heavily increased sustainability through our removal of the harmful self-reliance model plaguing classic OHM.

It's key to think of the $LFG token and our ecosystem products as separate entities which all function together, to feed the protocol-owned treasury with the common goal of generating yield for $LFG stakers.

Staking $LFG

Staking $LFG is the primary way protocol participants earn yield. Simply stake your $LFG in our dApp and earn a variable APR staking reward paid out every 8 hours in $LFG.

The staking yield for $LFG averages between .5-2% per day.

Staking is the best way for dedicated holders of the ecosystem to profit from revenue generated by the Meme Coin Yield Protocol, as well as from short term traders of the $LFG and $LFYIELD tokens.

Dynamic Intuitive Emissions Control (DIEC): Our emissions are controlled using an algorithm based on 3 key metrics. TVL, Market cap and Volume. When all 3 criteria are met then rewards are optimal. If the criteria are surpassed then a "Grow Bonus" is initiated which will reward LFG stakers with both $LFG and $LFYIELD, although these bonuses are intended to be temporary. The DIEC is bullish because it's automated through the smart contracts and will adjust based on conditions without human intervention. This will help sustainability dramatically.

Where stakers accrue value from on launch:

$LFG stakers accrue value from the following mechanisms and revenue streams:

  • Yield generated by the Meme Coin Yield Platform

  • Yield generated by Bonds

  • Rebase from staking fees on $LFG

  • Rebase from sell fees on earned $LFYIELD

  • Rebase from staking fees on $LFYIELD

Wherein a typical OHM-adjacent project would derive value only from Rebasing and Bonds, LFGROW breaks the mold by creating a genuinely viable, and lucrative meme coin staking offer for those outside the ecosystem.

There is a 1% staking fee, as well as a 1% unstaking fee which applies when staking $LFG. Note that the fee percentage values are different from the Meme Coin Yield Platform, please visit this page for tax information on the Memecoin Yield Platform.

Bonding $LFG

Note that our pre-launch whitelisted bonding sale functions in a different way to post-launch bonding as it only lasts 24 hours. Please refer to Pre-Launch Bonding Sale for information.

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