Crunchy provides Farms-as-a-Service that is designed for everyone, whether it be a user who is looking for some great yield-farming opportunities or a project owner or developer who wants to create a farm for their token. With our easy to use UI and guides, we aim to make farming on Crunchy an enjoyable and simplistic experience. You will find below some explanations and walkthroughs of how to get started farming as well has how to build farms on Crunchy.
To create farms Crunchy charges a flat fee + % of deposited reward tokens
. You may choose to burn more CRNCHY in exchange for a lower % fee.
Flat Fee | % of Reward Tokens Deposited |
---|---|
20 XTZ | 1.5% |
100 XTZ | 0.5% |
500 XTZ | 0% |
Example
DemoToken creates a farm for users to earn DemoDAO tokens. In total the farm will reward users with 1,000,000 DemoDAO. DemoToken can choose from the following fee options:
20 XTZ + 15,000 DemoDAO (1.5% Reward Token Fee)
Farm creation will require 20 XTZ CRNCHY + 1,015,000 DemoDAO (rewards plus fee)
100 XTZ + 5,000 DemoDAO (0.5% Reward Token Fee)
Farm creation will require 50,000 CRNCHY + 1,010,000 DemoDAO (rewards plus fee)
500 XTZ + No DemoDAO (0% Reward Token Fee)
Farm creation will require only 500 XTZ. No reward tokens will be required for the fee.
As of 1 Feb 2024, all new farms created will be subject to a unclaimed deposits & rewards idle fee. Users that create or stake into these farms are subject to a 0.55% fee per day, beginning 6 months AFTER a farm completes. If you leave funds in a farm past the 6 month mark, a fee can be claimed by the DAO.
This will NOT affect farms created before 1 Feb 2024.
This change will increase platform revenue and also, hopefully, serve as a reminder to most users to pay attention to funds left in farms.