Vested Staking (farming rewards)

Farmers are those that bring liquidity to the PanicSwap AMM. This liquidity is in the form of LP tokens built on PanicSwap.com with pairs of yv assets. r for PANIC/FTM - LPs brought from SpookySwap.

Farmers who build and stake LPs in the farming contract at https://panicswap.com/farms are rewarded with our native token PANIC.

Farming rewards grow on a per block basis, and are weighted based on pool weights outlined on the farms page.

Farmers who 'collect rewards' from this page are effectively harvesting their earnt PANIC. In doing this their rewards are moved automatically into the staking contract, and visible on the staking page (https://panicswap.com/stake). The full amount of these rewards will be seen in the Staked and Vested box. Here they are earning their share of protocol fees in the form of yvWFTM.

Farmers rewards vest for a period of 2 years, after which time they are withdrawable with no tax. However rewards can be withdrawn early, but if done so incur a 50% tax. This amount can be seen in the bottom row titled 'Exit Vesting'. Please note if rewards from here are claimed the 50% fee is taken and re-distributed to Staked and Locked PANIC participants.

Last updated