Farming without infinite inflation
In order to participate in CVaults deflationary farming, and therefore receive yield paid as CORE, the user requires to obtain UNI-V2-LP tokens and stake them on cvault.finance.
The UNI-V2-LP tokens are obtained by providing Ethereum and CORE as liquidity on Uniswap.
Once added, liquidity tokens can not be removed from the CORE Uniswap LP pools. This is by design. In addition to that, the fees collected by these LP tokens remain in the pool, which adds to the continues growth of the CORE-ETH Uniswap pool.
Once the liquidity tokens are obtained, the user stakes them on cvault.finance to begin the farming process. When farming, users will receive CORE staking rewards, depending on the amount of LP tokens staked and the current APY.
The current APY is easily observed on the cvault.finance page under the Farm tab. Note that it is not a fixed return, it is not a promised return and it is not financial advice. The returns are based on fees/block in the last week and the value of the LP token.
Core launched with a 1% Fee on transfers, meaning that each time CORE is moved around (through trading), the trader pays a fee of 1%. This fee is distributed to all CORE stakers, which makes farming without printing new CORE tokens possible.
The different tabs on cvault.finance will show the user useful information regarding the APY, CORE token, LP tokens, the Uniswap Pair Info & LP Token Pair Info.