I can't find the Pool I was staking in!
You should be able to find the Pool under the "Finished" tab on the Pools page.
By selecting "Staked Only", it will make it easier to find your assets.
If you are unable to unstake from the Stake PIPI, Earn PIPI pools, please check to make sure that you havenât sold the tokens in your wallet. This token acts as a `proof of ownership` over your PIPI in the Manual PIPI pool.
Donât worry! Theyâre in your wallet already.
Whenever you stake or unstake from a Pool or farm, your earned tokens get harvested and sent to your wallet at the same time.
How is APR for Pools calculated?
Pool APR = Annualized rewards (USD) / User funds staked in Pool (USD) * 100
As a basic exPIPI, let's take a 60-day pool with 300,000 USD worth of rewards, and 3,000,000 USD worth of PIPI staked in it.
The APR fluctuates as more PIPI is staked by users, and as the price of PIPI, and the reward token, vary.
Calculation | Amount | |
---|---|---|
Total rewards to distribute (USD value) | 300,000 USD | |
Distribution period | 60 days | |
Daily distribution | 300,000 / 60 = | 5,000 USD daily |
Annualised rewards (USD value) | 5,000 * 365 = | 1,825,000 USD |
Value of PIPI staked by users in pool (USD value) | 3,000,000 USD | |
APR | (1,825,000 / 3,000,000) * 100 = | 60.833% APR |
This shows the amount of blocks left until the rewards for that pool stop being distributed. Once the pool has reached that block, you should unstake your tokens, because you wonât be receiving any rewards after that.
There are three main types of Pools.
The rewards for the "Stake PIPI, earn PIPI" Pools come from the PIPI emissions. Each block, a number of PIPI tokens are allocated as rewards for these pools.
The rewards for the "Stake PIPI, earn other tokens" type are provided by the project teams who sponsor a Pool.
For the "Stake other tokens, earn PIPI" type, the PipiSwap treasury buys back PIPI from the market to distribute as rewards. These pools are funded by PipiSwap, not by the projects themselves.
PipiSwapâs Pool Token is deposited in your wallet when you interact with the Manual âStake PIPI, Earn PIPIâ Pool. It's not staked for
Itâs basically an IOU that shows how much PIPI youâve staked in the pool.
Itâll be returned automatically when you unstake your PIPI from that pool.
Donât sell your POOL tokens! You need to return your POOL to unstake your PIPI from the Manual PIPI pool. The amount of POOL you return must be the same as the amount of PIPI you unstake.