Advanced strategy: Leveraging EcoScore
Notice
Each figure serves as an example. To get precise percentage figures, be sure to check the Whitehole Finance Market.
Using the EcoScore System to Make Big Profits
Examples
common requirements
Farming with full deposit of USDT (TVL: $1,000,000)
GRV assumes a launch price of $0.023 (normal APR: 46.81%)
veGRV calculation: Assuming 20% of the monthly emission amount is locked up
The whole veGRV was locked up for 26 months (1 month : 4 weeks)
Initial Assumptions for Reward Distribution
Over 26 months, 324,195,397 GRV emissions (1 month : 4 weeks)
41.6% Supplier Rewards : 162,097,698 GRV → Calculated with the applicable GRV
Simulation Characteristics
It is regarded as a compound if no claims are made.
Action once a month (Claim, Compound)
Fixed compound for the first month of farming
Green starting
Initial deposit USDT: 10,000
Initial deposit GRV : 43,479 ( = $1,000), locked up for 2 years (26 months)
Compound GRV is incorporated within 2 years (26 months) and added to the current veGRV balance each month for the remaining time (26 months to 1 month) in accordance with the veGRV calculation formula.
Only the claim tax is imposed from the EcoScore taxes (withdrawal fee and PPT tax excluded)
| Month | Compound | Claim | Profit | APR |
|---|---|---|---|---|
26 | 26 | 0 | $29,085.33 | 140.43% |
26 | 20 | 6 | $14,044.33 ~ $28,156.18 | 65.22% ~ 135.78% |
26 | 13 | 13 | $10,238.45 ~ $23,361.45 | 46.19% ~ 111.81% |
26 | 6 | 19 | $9,374.29 ~ $16,340.03 | 41.87% ~ 76.62% |
26 | 1 | 25 | $8,510.13 | 37.55% |
Red starting
Initial deposit USDT: 10,000
Initial Deposit GRV: 0, starting from the Red when GRV is not deposited.
Compound GRV is incorporated within 2 years (26 months) and added to the current veGRV balance each month for the remaining time (26 months to 1 month) in accordance with the veGRV calculation formula.
Only the claim tax is imposed from the EcoScore taxes (withdrawal fee and PPT tax excluded)
| Month | Compound | Claim | Profit | APR |
|---|---|---|---|---|
26 | 26 | 0 | $27,307.22 | 136.54% |
26 | 20 | 6 | $10,677.82 ~ $26,169.05 | 53.29% ~ 130.85% |
26 | 13 | 13 | $8,295.62 ~ $20,763.46 | 41.48% ~ 103.82% |
26 | 6 | 19 | $7,431.46 ~ $13,880.79 | 37.16% ~ 69.40% |
26 | 1 | 25 | $6,567.29 | 32.84% |
Conclusion
This simulation's goal is to examine the end profit and converted APR based on the initial user's eco score, claim & compound ratio, and asset starting point. The results show a difference that under the existing circumstances, a 26-time compound green user and a 25-time claim red user will have a dollar value of $22,519 and an APR of 107.59%. In addition, although PPT Tax and weekly Rebate have not been considered, this difference in degree shows that Compound only(the former one) is 10 times more efficient
Also, during the 26-month farming period of the user, even if we consider the first month as the beginning and the 26th month as the end, users who claim quickly and reduce the claim ratio (DR) rapidly in a state where veGRV quantity has not been accumulated enough compared to the beginning are 2.3 times ahead of users who do not, compared to the same claim ratio. From this perspective, we can see that users who started within the red could also surpass green users through compounding.
Therefore, it is possible to fast get to the desired point in Whitehole if the elements like green, red, compound, and claim are put up appropriately and the separation between you and other users is increased. Additionally, a different simulator is offered so that the procedure may be previewed beforehand for the user's comfort and that future earnings can be simply forecasted using the data from the present.
However, you can feel uneasy about the comparatively long lock-up period, the point of purchasing and initiating GRV, and the slightly late timing of monetization. In order for users with high royalties to continue farming with full confidence, Whitehole Finance has established procedures to stop GRV price drops using a variety of safety devices. From the perspective of the entire ecosystem, it is highly likely that the GRV to be released will remain in the ecosystem rather than being sold right away because everything said above indicates that users with high eco-scores receive more rewards for greater rewards.
The long-term goal of Whitehole Finance is to develop into a DeFi that keeps expanding for a very long time by developing a virtuous cycle structure where the GRV value keeps increasing in the ecosystem and maintains a high APR so that funds keep coming in. The tokenomics will be continuously updated, developed, and reorganized to ensure that GRV stakeholder interests, which are crucial to the ecosystem, are always given top priority.
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