Rewards
Olive is committed to fostering active participation within its ecosystem. To achieve this, we've established a range of reward mechanisms that incentivises users to engage in various protocol activities. Here's a breakdown of the rewards system:
Yield Farming Rewards
Activity: Users can deposit their LP tokens (with or without leverage) to engage in leveraged yield farming.
Reward Mechanism: Yield farmers are awarded esOLIVE tokens. The amount they receive is directly proportional to the oTokens they've minted.
Lending Rewards
Activity: Users can supply their cryptocurrency assets to the lending pools.
Reward Mechanism: In return for their contribution, lenders are granted esOLIVE tokens. The amount they receive is directly proportional to the aTokens they've minted.
Staking Rewards:
Activity: Users can contribute to the OLIVE-ETH liquidity pool.
Reward Mechanism: After providing liquidity, users can stake their LP tokens on Olive earn page. As a reward for staking, they earn esOLIVE tokens.
Referral Rewards:
Activity: Users have the opportunity to refer other individuals to the Olive platform.
Reward Mechanism: As the referred users actively participate and contribute to the protocol, the referees are rewarded. These rewards are granted based on the achievement of specific protocol milestones and are distributed periodically.
Last modified 29d ago