In line with our mission to return more value to users, we are excited to announce Value Liquid, an enhanced version of Balancer with an improved user interface, fee rewards to YFV holders, and native yield farming reward distributions without the need to stake liquidity pool tokens. Our intent is to make yield farming far more efficient and less gas-intensive.
At beta launch on 15-September, the swap fee will be fixed at 0.3%. Liquidity providers will receive 0.25%, while the other 0.05% will be used to buy back YFV to be distributed to stakers in the YFV Governance Vault. Further releases will allow stakers in the YFV Governance Vault the flexibility to vote on the buy back rates.
Furthermore, we have added another layer of innovation to Value Liquid. Partners of the YFV protocol will have the ability to add their own token distributions to Value Liquid through a staking proxy contract. This means LPs for the Value Liquid Pool will automatically get their favorite farming tokens automatically, thus saving gas and increasing security.
The current farming design in all yield farming projects requires farmers to add liquidity to Uniswap or Balancer, then use its liquidity pool token to stake in the project’s pool smart contract. These two steps require significant expenditures in both time and gas costs. Value Liquid makes this process far more efficient; farmers only need to add liquidity and can start earning right away.
Launch: Private beta on 15-September. Tentative public launch on 20-September after audit completed.