Description: Genesis farming live on Specter Finance. Join now and prepare for the LP farm !! Stake your SPECTER-FTM LP in the Sepulcher to earn SSHARE rewards. Then stake your earned SSHARE in the Mausoleum to earn more SPECTER!
What's the easiest flow to follow for compounding rewards?
There are countless strategies, and which one you choose depends on your risk tolerance and short, medium, and long-term goals. That being said, the "plug-and-play" method is detailed below. Also, take some profits along the way. Don't get too greedy.
If $SPECTER is OVER the peg:
1. Buy $SPECTER and pair it with $FTM to provide liquidity, and stake your SPECTER -FTM LP in the farm to earn $SSHARE rewards.
2. Take your $SSHARE rewards and stake them in the Sepulcher to earn inflationary $SPECTER rewards.
3. Sell half of your earned $SPECTER for $FTM, and compound it back into the SPECTER-FTM LP.
4. Profit!
If $SPECTER is UNDER the peg:
1. Buy or use your farmed SPECTER and exchange it for SBOND. If you are LP'ing, you can break the LP to exchange $SPECTER for $SBOND, and use the remaining $FTM to buy $SPECTER to also exchange for $SBOND. Now you have a big fat bag of $SBOND, to exchange for $SPECTER at a bonus rate once it's above peg and you've also helped bring $SPECTER back above peg so that the Sepulcher can resume printing.
2. Sell $SBOND for a redemption bonus once $SPECTER is back over peg (above 1.01 TWAP).
3. Profit.
What is 50/50?
50/50 is the method best suited to provide stability for both the platform and for your underlying investment. By boosting liquidity, the 50/50 strategy reduces price volatility, and helps $SPECTER stay above the peg for longer to keep the Sepulcher printing. This, in turn, attracts new investors and keeps the ecosystem growing.
1) When you claim your $SPECTER rewards in the Sepulcher, sell 50% of them for $FTM.
2) When you go to provide SPECTER-FTM LP, stake the entirety of your remaining SPECTER with the $FTM you've just purchased.
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