Anchor Partner

We look for opportunities to build trust and establish game-theoretic relationship with partners on the basis of mutual benefits.

Who can partner with us?

• Protocols built with veToken model.

• Must have completed comprehensive code review by at least 1 leading smart contract audit company or provide proof of confidence for protocol security.

Why partner with us?

• DeFi yield booster to enable cross-chain staking: as a DeFi yield booster, Loopfi will power partners by enabling cross-chain access to staking (i.e., users can stake from L2s or other blockchains to access the same level of benefits and eligibility for protocols built on Ethereum, with much lower gas fee experiences).

• Aligned interests to drive long-term commitment: in a veToken model, veToken stakers reply on LPs in order to generate additional revenue and LPs rely on veToken staker in order to maintain liquidity with the max boost factor. Loopfi attempts to merge the two population through tokenomics, where LPs receive max boost that encourages a long-term commitment, and veToken stakers receive more trading fees and are incentivized to facilitate the boost.

• Win-win situation for all: Loopfi launched a liquid version of locked veTokens (aka pTokens on Loopfi) by aggregating everyone’s veToken and depositing so that participants can get the maximum yield. This carefully crafted mechanism makes everyone happy – LPs and stakers will receive max boost on veTokens, with LPF token as additional rewards when remaining liquid on their veToken holdings. Our partner protocols will have more veToken locked up to a maximum possible extent, offsetting some of the supply emissions. Loopfi will be able to accumulate enough veTokens to give a significant boost to all the pools our users are depositing liquidity for.

How to partner with us?

• Our partners will need to provide bootstrapping liquidity support for whitelisted pairs. For example, dForce provide USX liquidity for their LPF/USX pool.

• Each partner’s allocation of LPF should not exceed 10% of the total LPF token.

• There will be 15% fee charge on veToken staking rewards, which will be accrued as platform revenue and distributed to LPF stakers through liquidity mining.

• In the near future, partners can reward LPs with their native tokens through the ‘Bribery’ mechanism that gives LPF token holders a guide on which pools are giving out the highest APY.

• We currently have Balancer, Saddle Finance, etc., as potential candidates in the pipeline.