It's time for some LEO math!

For those of you providing liquidity to the wLEO pool on Uniswap, you will also be receiving a share of the 300k LEO bounty from Leofinance.

Curious how much you will be receiving?

Well, be curious no longer!

I can't give you an exact amount due to many things being fluid, but there are some calculations we can do in order to figure out a rough estimate now that we have several days under our belt.

For this example, lets look at my position for an idea of what you may be getting.

Based on the current data on Uniswap, we can see that the current pool has about $232k :

(Source: https://uniswap.info/pair/0x85c4f11c4b3887425762e9d7e63774f087411dcf)

Of that $232k, I have provided roughly $5,170 worth of liquidity.

Which means I account for roughly 2.2% of the total liquidity in the pool.

However, in order to find my share of the pool as it relates to the 300k bounty, we need to subtract the $50k that Leofinance has contributed as that isn't counted towards the bounty.

So, for the 300k bounty, we need to calculate our percentage of the pool excluding that $50k.

$232,000 - $50,000 = $182,000

Then we divide my $5,170 liquidity contributed by the $182,000 total liquidity pool excluding the $50k.

$5,170 / $182,000 = 2.8%

So, my share of the pool jumps from 2.2% to 2.8% when that $50k is taken out.

Now we multiple that 2.8% by the 300k bounty in order to find our projected total (all things being equal)...

Which comes out to 8,400.

That means that if the liquidity pools were to stay right where it is right now for the 90 days, I would receive roughly 8,400 leo total.

Which is paid out every 2 weeks, and comes out to 1,400 LEO every 2 weeks.

Keep in mind that the liquidity pool is changing pretty much on an hourly basis, so the actual results could vary wildly from these numbers, but it's a good starting point for a guesstimate as to what your portion of the 300k LEO bounty may turn out to be.

TLDR:

• $5,170 liquidity provided is 2.8% of the current eligible liquidity pool and comes out to 8,400 LEO from the 300k LEO Bounty, all other things being equal

Stay informed my friends.

-Doc

Posted Using LeoFinance ^Beta