# Introduction Brief Introduction to this document. This **Wiki** is intended to explain what [**Popsicle Finance**](https://popsicle.finance/) is, how it **works,** and how it will **evolve**.
*Please note that this knowledge base will be constantly updated and edited, always refer to the latest version for the most updated details. It is also possible that this document will not contain the most recent changes to the platform and the products found within, as they all hold precedence to this document. However, we will do our best to maintain this document updated to the best of our abilities.*
# Our Mission Popsicle's Finance Mission in the ever-changing DeFi Ecosystem. **Popsicle Finance** will manage liquidity across multiple chains in order to increase capital efficiency and automatically provide its users with the highest possible yield on the assets they wish to deploy to liquidity pools. We hope that our products will not only help our users but that they will also provide a valuable service to the cryptocurrency ecosystems as a whole. # Our Vision How we imagine the future of the DeFi Space. ### The Current Situation: The current blockchain (crypto) ecosystem is not **chain-agnostic.** Users have to decide whether they want to use **Ethereum**, **Fantom** **Opera**, **BNB** **Chain**, or any other chain. Having these unlinked silos is **sub-optimal**, especially for an interoperable, efficient financial infrastructure. **Popsicle Finance** believes that we, as the blockchain (crypto) space, should be working together rather than individually on separate chains. ### Our Contribution: We believe users have the right to decide how much they care about **decentralization** or where they want their assets to be utilized for whatever motivation. Therefore, we have seen a need for a service that provides access to liquidity everywhere, no matter to what chain. \ Furthermore, access to different DeFi tools should be **everywhere** and to **everyone**, regardless of which chain they reside on. Providing liquidity cross-chain is not where popsicle finance will end its journey. Our Vision is to give users **access** to all DeFi products on all chains to the point where a user does not even have to consider which chain they are on. # Our Values **Popsicle Finance** values are **community**, **security**, **efficiency**, and **opportunity**. \ \ We believe that with these values anchored in everything we do, we will best benefit the blockchain community and its users. We also believe that everyone should have access to **all** **assets** no matter whether the user is active on Fantom Opera, BNB Chain, Ethereum, or any other chain. \ \ Blockchain tech is here to enable access to an **open** and **efficient** financial infrastructure for everyone. Our products aim to be completely community-driven. **Popsicle Finance** first started building a strong, loyal and sustainable community, incentivizing community members for their input and trust. \ \ The following steps are implementing a functional **democratic**, and **transparent** governance system and the launch of our products designed and routed by the community **needs** and **desired**. Find out more about how we deal with Governance in the following sections! # What We do The following descriptions are only rough summaries of the products and each product will have its own detailed section in the sections that follow. ### **Sorbetto:** Sorbetto will allow users to deposit certain tokens into it. Sorbetto will use these tokens to supply liquidity pools on several blockchains, across different DEXes and it will monitor yields and adjust these positions to maximize yield and capital efficiency. Read more about **Sorbetto Fragola** (V3 Optimizer) and **Sorbetto Limone** (Multichain Optimizer) in the "Our Products" section. ### Frapped.io: Frapped.io is the first official non-custodial wrapper for Tether (USDT). *To learn more check the products section!* # Our Team ### Who are we? The team that built Popsicle Finance has a long history and great experience in cryptocurrency. The majority of the team has been full-time in the cryptocurrency space since 2015. ### **Contact Us!** You are able to chat with us on [**Discord**](http://discord.gg/popsicle) (even though we will never DM you). We are the guys with the light blue nicknames, and we hang around all the channels! If you would like to find out more about some of us, here is a list of our Twitter accounts: \ **-** [**@danielesesta**](https://twitter.com/danielesesta) **-** [**@crypto\_anita**](https://twitter.com/crypto_anita) **-** [**@GeorgiyXo**](https://twitter.com/GeorgiyXo) # Our Glossary Popsicle Finance is a wide ecosystem. Here are some definitions that will allow you to navigate better inside of it! **Automated Market Makers (AMMs) -** Smart contracts that allow users to trade assets in a non-custodial and peer to peer manner, using liquidity pools and liquidity providers!
**Liquidity Providing -** Liquidity providing means being a Market Maker on Decentralized Exchanges, earning trading fees by providing capital to the liquidity pool!
**Decentralized Exchanges (DEXs) -** A particular type of non-custodial Cryptocurrency Exchange where users trade assets thanks to different smart contracts and pools. Examples could be Uniswap, Sushiswap, Spookyswap etc etc.
**Impermanent Loss (IL) -** The Opportunity cost that Liquidity Providers might encounter if one of two assets they are LPing changes in price a lot compared to the other! Read more about IL [**here**](https://popsiclefinance.medium.com/why-is-impermanent-loss-not-permanent-loss-38bca54254e3).\ \ \ **Slippage -** Slippage, in simple terms, is the loss that can occur as other swaps of these tokens take place during the processing of your transaction. To help avoid slippage you can set your gas price higher.
**Total Value Locked (TVL) -** Dollar Value of all the assets deposited in a particular smart contract or pool.
**Annualized Percentage Rate (APR) -** The percentage by which users can expect their token investment to grow in one year, not taking into account the possible compounding factor.
**Return On Investment (ROI) -** Similar to the APR, the ROI is a popular profitability metric used to evaluate how well an investment has or will be performing over a particular period of time.
**LP Tokens -** Tokens that are received from the decentralized exchange once users deposits capital in order to become liquidity providers. Different Pairs on different DEXs have different LP tokens. \ **Popsicle Liquidity Provision Tokens (PLP) -** Tokens that are sent to the Popsicle Finance Users when they deposit liquidity in one of our smart contracts. Different Pairs of tokens will have different PLP tokens. \ **Volatility -** The Volatility is a statistical measure that describes how dispersed a particular asset's returns are. An asset with higher Volatility is a riskier asset than one with low volatility.
**nICE -** Popsicle Finance’s fee sharing token, read more about it [**here**](https://docs.popsicle.finance/our-tech/ice-token/nice-tokens).
**Sorbetto -** Our First Liquidity Optimization protocol, read more about it [**here**](https://docs.popsicle.finance/our-products/sorbetto).
**Stand -** Our farming dashboard, deposit LP tokens and earn ICE!
# Popsicle Stand Popsicle Stand is our farming product! Stake LP tokens coming from different AMMs and protocols to earn ICE rewards! *These rewards are newly emitted tokens, not coming from buybacks.* The "**Sorbettiere**" farming contracts have been developed by Popsicle Finance. ### How to farm on Popsicle Finance First of all, make sure to be connected to either Ethereum, Fantom Opera or Binance Smart Chain as our Farming Pools are currently only available there! To access Popsicle Stand, Select "Products" in the top part of the website:![](/files/kcFuLATsBsbYvj5LrRPm) You will be redirected to a page that will look the following: ![](/files/VgRDtsu2w3wLLmudn9x2) Once loaded, Click on "**Stand**".
Depending on the network you are on, you will be offered specific farming opportunities. Let's dive in an example for the **Fantom Opera Network.** ![](/files/t0FcC9Zijsz3vheqHQsF) From the left side of the screen you will be able to see: * The LP Pair, in this case ICE/FTM. * The incentivised AMM. * The amount of ICE users will be getting per $1000 dollars deposited. * The Return on Investment. * The Total Value locked in the farming contract. * The button to "Stake" or "Unstake" LP tokens. If this is your first time interacting with Sorbettiere, the button will be renamed "Approve". Click on it to approve LP token spending! {% hint style="warning" %} Bear in mind that every time a user deposits more LP token, or withdraws from the existing position, all pending ICE rewards are automatically harvested and sent to the user's wallet! {% endhint %} ### Monitoring an Open Farming Position Head over to "My Positions". ![](/files/RVUrRpP6Y7Mx7qIeQIoO) Scroll down to "My Farms Positions", where users will be able to find all their open farming positions. ![](/files/UqrmxJvmrAshmcekVuaf) Click on "More Info" to find out more details on your position as well as your pending ICE rewards. To only claim pending rewards, use the "Harvest" button, and confirm your transaction. # Sorbetto Our Favourite Flavour! ## What is Sorbetto? Despite being a really delicious Italian dessert, here at Popsicle, when we talk about **Sorbetto** we are currently referring to two different products: **Sorbetto Fragola** and **Sorbetto Limone**. They both help Liquidity Providers to maximize their trading fee gains and passive income, using different Decentralized Exchanges (DEXs).\ On both versions of Sorbetto, you will be able to deposit your tokens, which will then be used to provide liquidity to pairs on various DEXs. As stated above, while providing Liquidity, users gain trading fees. Let’s now dive into both of them! ## Sorbetto Fragola **Sorbetto Fragola** has been designed especially for Uniswap v3. Simply speaking, Uniswap v3 allows LPs to select their preferred price ranges. As a user, you want your funds to always be in the most traded utilization zone to earn the most trading fees so they are more profitable. To read more about Concentrated Liquidity and how it works please refer to [**this article**](https://docs.uniswap.org/protocol/concepts/V3-overview/concentrated-liquidity)**.**\ \ Simply put **Sorbetto Fragola** provides liquidity and optimises the price range it is in, based on the historic volatility. This strategy is optimised for trading fee yield, meaning that Impermanent Loss (IL) is a user’s consideration. Read a step-by-step guide on how to use Fragola in the next section of this wiki! Bear in mind that users will be able to interact with Fragola using either our **Light Version** or our **Pro Version**! Let’s use the ETH/USDT Sorbetto liquidity pool as an example. The user flow is as follows. 1. The user should choose one of the following options:\ **a)** Provide ETH and USDT in the exact percentage amounts that the PLP range is currently in. If the pool is at a 70/30 ratio then the user will put 70% ETH and 30% USDT.\ **b)** Zaps his way into the Sorbetto liquidity pool with either USDT or ETH alone. Fragola then swaps for the exact percentage amounts of the current pool ratio and then joins Sorbetto (all in one transaction! **c)** Joining Fragola using any tokens he wants. Fragola will swap that token for the pool's assets in the exact amount an it will join the position! **(Bear in mind that zapping in has a cost, and that for large sums this could be pretty high!)** 2. The user then receives Popsicle Liquidity Provision (**PLP**) tokens, that are equivalent to the share of the pool owned. The PLP tokens are just like any other LP tokens, meaning that they can be staked or used for incentivization programs.\ ***NOTE: PLPs are not NFTs.*** 3. Fragola runs its strategy, as per the parameters decided by the strategists. 4. When the user wants to remove their funds they will receive tokens at the current pool ratio. For example, if the ETH/USDT pool is currently a 60/40, then the user will receive 60% ETH and 40% USDT. 5. When the user claims fees, 20% is first subtracted and put to the Popsicle Treasury as a Performance Fee to be delivered to nICE holders. Then the remaining 80% is sent to the user. ### **Rebalancing:** The rebalancing currently runs only on one strategy, we will however be looking at making new strategies as well as working with anyone interested in collaborating or making a strategy for Sorbetto Fragola. Bear in mind that as of right now Fragola is only available on Ethereum and Arbitrum, as it interacts with Uniswap v3 technology. If the technology becomes available on other chains, then Fragola may be deployed there as well. ### **The Benefit to the Sorbetto Fragola Liquidity Providers!** * Gas fees are optimised. Fragola rebalances all users funds in a single transaction removing the need for individuals to do so themselves. * Capital is more efficient. Fragola rebalances funds so that capital is always within the range being trading. * User monitoring is reduced. Fragola automates a lot of the processes allowing the users to monitor their positions less frequently. ## Sorbetto Limone **Sorbetto Limon**e is another flavor of Sorbetto. It consists of a Liquidity Aggregator that allows you to automatically maximize the trading fees that you earn from Liquidity Providing (LP) tokens. Our idea is simple, but powerful at the same time: instead of manually checking which DEX will deliver the best passive income, in the form of both trading fees and incentivized rewards, with Sorbetto you can simply deposit your tokens and it will make the calculations, and transactions for you! In addition, Limone allows users to leverage LP farming at great rates thanks to Abracadabra Money Technology!\ \ *Find out how to use Limone* [***here***](https://docs.popsicle.finance/our-products/sorbetto/sorbetto-limone)*.* ### The Benefits to the Sorbetto Limone Liquidity Provider: 1. LPs no longer have to take care of figuring out where and when to move the liquidity from one dex to another. 2. Gas fees optimised, by Sorbetto having lots of liquidity from lots of different users a liquidity provider pays fewer gas fees as he is sharing the fees with everyone else. 3. Higher yield due to three major factors. First, LPs that have higher trading volumes, and thus more trading fees, will be hunted down and utilized. Secondly, LPs that are incentivized with rewards will also be located and utilized. Thirdly, capital is spread around efficiently to ensure that certain pools are not saturated to the point that trading volume does not justify pool liquidity depth. 4. Thanks to our partnership with Abracadabra Money, Limone allows the cheapest possible LP leverage farming. #### The benefits to the ecosystem: 1. Liquidity is much more efficient and is where it is needed. 2. No matter what chain someone is using they will be able to access all assets. 3. Slippage everywhere is reduced. # Sorbetto Fragola How to guide on how to use Sorbetto Fragola! ![Here is an infographic of the whole process](/files/25WtMZ9RtNWdMUDGaRjX) ## Using Sorbetto Fragola UI First of all, make sure to be connected to either Ethereum or Arbitrum, as our V3 Optimiser is currently only available there! To access Sorbetto Fragola, Select "Products" in the top part of the website:![](/files/kcFuLATsBsbYvj5LrRPm) You will be redirected to a page that will look the following: ![](/files/ihSCvrwT1ny9oUYBcLZS) The buttons on the top will allow you to switch between all the available pools or any currently open positions. The "**V3 Optimiser**" page is divided into 2 sections: * **Popular**: Popular Pools with high yields opportunities * **All Opportunities**: All pools currently available on Fragola! Each pools frame tells you the assets you will be LPing, the Fee Tier of that pool as well as the current APR! If you click on the "i" you will access a frame that will give you a breakdown of the APR. ![](/files/ctlppR8KE94sFNw4LVWk) Remember that Fragola APRs are displayed as the average over a particular timeframe of the fee collected by the pool. In this frame you can see the different APRs approximated using 7 days, 30 days, and 90 days timeframe. ### Opening a Position: You can open a new position and join the desired pool by clicking on the "**Join**" button. Let's use the USDC/WETH pool as an example: ![](/files/zirdvpqdSbayo2PQiB2a) The First frame will allow you to select what assets you want to use to join the position. You have 3 options: * Provide ETH and USDC in the exact percentage amounts that the PLP range is currently in. If the pool is at a 70/30 ratio then the user will put 70% ETH and 30% USDC. **You can do this by selecting both USDC and ETH and clicking on the "NEXT" button.** * Join the Sorbetto liquidity pool with either USDC or ETH alone. Fragola then swaps for the exact amounts of the current pool ratio and then joins Sorbetto (all in one transaction!) **You can do so by selecting only one between USDC and ETH.** * Join the Sorbetto liquidity using any tokens you want. Fragola will swap that token for the pool's assets in the exact amount and it will join the position! **You can do so by selecting the "Use Other Tokens" button.** *(Zapping involves a higher gas cost as well as slippage, which can get significant when zapping* large sums.*)* #### **Joining using other assets:** ![If you want to join using different assets than the one in the pool, you can do so in the frame above.](/files/n8GUoH0jXJsbk0EPvwAO) First of all select the asset you desire by either typing its name or pasting the token contract address. Then select the amount you want to use, either clicking max or typing it! The UI will compute how many PLP value you will get, how much they are worth, and the amounts of the two pool's assets. You can use the "Settings" window to select transaction speed and slippage tolerance! ![Here you can choose your slippage tolerance for the swap that will take place. ](/files/v97OSndyUsD3OTvk9d1U) *Slippage, in simple terms, is the loss that can occur as other swaps of these tokens take place during the processing of your transaction. To help avoid slippage you can set your gas price higher.* Please note that you might get a lower PLP value than the value of the token you are swapping, because of slippage and price impact. Keep this in mind if you are using low liquidity tokens to join! **Make sure to save before closing the "Settings".** Once all of this is done, click on "Join". You will be required to confirm the transaction on MetaMask, and once it is confirmed you will receive the PLP tokens in your wallet! **You have successfully opened your position!** ## **Analytics Frame:** ![](/files/ew6QqvitnMCgS1WmiPRY) On the right, users will be able to check a detailed representation of how **Sorbetto Fragola** is performing over time, as well as some valuable metrics that will give a detailed picture of the current LPing situation. \ \ The graph in the centre is intended to explain in what range **Fragola** is currently providing liquidity, as well as where the boundaries of our current strategy are. As of right now, the rebalance will be called and triggered once the blue line reaches 80% of either side. Once a rebalance happens, it is represented in the graph as a steep shift of both boundaries in the same direction.\ \ *If you are interested in understanding what a tick is and how they work please refer to this article* [***here***](https://docs.uniswap.org/protocol/concepts/V3-overview/concentrated-liquidity#ticks)*.* ### Monitoring Open Positions: You can now monitor all your positions in the "**My Open Positions**" page! You can find any pools you want using the Search or Sort functions, as well as adding more assets by simply clicking on it! ![](/files/lFhseYiciByX3dvU9K6m) Here you will see all the basic info, as well as if the position is currently generating fees or not! Your PLP Value will increase over time, as more and more fees are collected! Underneath, you will also see all the currently open LP farming positions! ### Withdraw PLPs and Close Positions: If you want to Withdraw some or all of your PLP tokens, you can do so by using the "**Withdraw**" Button: ![](/files/FIqYnAmbC6RvfDTVDCKJ) This window will allow you to select how many of your PLPs you wish to redeem for the underlying tokens. You will receive the amount of each token proportional to the current ratio at which **Fragola** is providing liquidity. In most cases, this will **NOT** be 50/50. The block of information at the bottom gives you the expected amount of tokens that you will receive! *Please note that this exposes the user to Impermanent Loss risk!* # Sorbetto Limone Your guide to learning how to use Sorbetto Limone! ## Using Sorbetto Limone UI Sorbetto Limone is currently offered on Avalanche, however, the product will grow to support pools on other chains shortly. On the Limone opportunities page, you will see a list of pools that you can enter along with the current APR and available MIMs that can be used for adding leverage to LP positions. ![The opportunities page shows a list of pairs that are available to be used with Limone.](https://lh4.googleusercontent.com/cs8REiCJvOom-pXA8UybLDs_5jvCj7oW1l8TToUZVXtYaKMnT25rfriaAnKaXLVjhVP61UWYT-zTt2eoUD4ocnYeB_RgGeTmmwyqyR5CHGNk6yMNitT5qPX5gqz6RuxGuy0uXI2uUkrS_pT3GQ) ## Opening a Position When you click on the "Join" button, you will be brought to our LP UI which will guide you through the process of joining a Limone pool. ![Example of adding assets to the AVAX / USDC.e Limone pair.](https://lh3.googleusercontent.com/1sqR7xfFY13YAkWzQm6n8u25vX0OJ0puEfzV00bDT-8p-k-92Yt_EaeV9h_OR59yYJFW2BOu5-Iu8dx5ZJ_mxg8-P3VJKbo6DD-kof-4-TZmArG1yaExFYQ91iEnB_slZ1ao647uArIdPIot-Q) The first step in the process allows you to select which assets you want to use to join the position. Using the example above there are 3 options to add liquidity to the AVAX / USDC.e pair: * Provide equal dollar value of both assets. **You can do this by selecting both tokens that make up the LP, in this case, USDC.e and AVAX.** * Provide one of the assets that make up the LP. Popsicle will then automatically exchange half of the provided asset for the missing asset and join Limone all in one transaction! **You can do this by selecting either USDC.e or AVAX.** * Provide one of our “zappable” assets. Popsicle will then exchange that token for equal dollar value of the two pool assets and join Limone! **You can do this by selecting "Use Other Tokens."** While Popsicle does not charge a fee for zapping tokens into a pool, it should be noted that zap transactions involve a higher gas cost as well as slippage, which could be significant when zapping large amounts of tokens. **Joining using “zappable” assets:** ![If you want to join using different assets than the one in the pool, you can do so via our “Zap” functionality.](https://lh3.googleusercontent.com/YaE8O2lhFRERyqXEXilYspLe1ap6HhWl2280VzR5OArcvZpvLxryam4SgUzhXnoNjqqpm4ePA0B2HT69oPadbgRVNji1S3xzAy4ErTj1r0iFMDQb4r9DEAzzuo5MxFkO5q5AFDasmlCULffYNQ) First, select the asset you wish to exchange for PLP by either typing its name or pasting the token contract address. Then specify the amount you wish to exchange. The UI will automatically compute how many PLPs you will get, how much they are worth, and the expected amounts of the pool assets you will receive. You can click on "Settings" to adjust slippage tolerance and transaction speed. ![You can choose your slippage tolerance and transaction speed for the required swaps in the “Settings” panel.](https://lh3.googleusercontent.com/RU0F5dNPoF2Fw2Io3026FxK8cq3vD2hZ4lJHswenws1DBbrJOjQJGA2bjPnzH1p8AQ5h-D0nb_V3QALbHyeIxIAsgS02h9sGJDcosix6bp8WOF_MXkYgmPSsf6vpIbhWW7_IMeiuYRunLM2erQ) *Slippage, in simple terms, is the loss that occurs while exchanging one token for another. This is usually caused by the size of the swap relative to the amount of liquidity on the AMM.* Please note that you might get a lower PLP value than the value of the token you are swapping, because of slippage and price impact. Keep this in mind if you are using low liquidity tokens to join! **Make sure to save before closing the "Settings".** Once all of this is done, click "Join". You will be required to confirm the transaction on MetaMask, and once it is confirmed, the PLP tokens will automatically be staked and collecting rewards for you. **Congratulations, you have successfully opened a Limone position!** ## Adding Leverage Limone offers you the ability to easily add leverage to your existing position. You can use the PLPs in your open position as collateral to borrow MIMs, a collateral-backed stablecoin, to then purchase more PLPs. This process is possible thanks to Abracadabra lending markets. For more details, read about it [here](https://docs.abracadabra.money/). First, you need to specify how much of your deposited PLPs should be used as collateral. Any portion of your PLPs not included as collateral will remain completely separate and will not be subject to leverage risks, such as liquidation risk. Once you specify the amount of PLP collateral to be deposited, you can adjust the amount of leverage by adjusting the slider. As you move the slider to the right, the amount of leverage increases. The “Position Health” metric represents the percentage decrease in PLP price that must occur before your leveraged position is subject to liquidation. In the example below, if the price of the PLP decreases by 27.85%, the position will be liquidated in order to repay your loan. While adding leverage will increase the amount of fees and rewards that you earn, it also adds risks such as potential liquidation if the price of the underlying assets decrease, increased slippage in trades, etc. Please be aware of the risks of adding leverage before using it on your own positions. ![](https://lh3.googleusercontent.com/n6Wkdyy6wwGLt1BZ8D4FTo0ksoIzmwqx8elRzODiTIr-C6cKlQvxgfNdpHSGfdQhPd8xhlfSbaaZ2WFyRohmZ5kv57jxPP7UjPcl0xsoa9_f6UnCOayk2xXh0CuFqIIEYif_t5gjAJneXig-QA) ## Removing Leverage If you would like to remove leverage, select “Close position” on the leverage tab. In this process, Popsicle will take your PLP collateral and sell it to repay your MIM loan. If the position has gone up in value since opening the loan, you will earn a profit. If the position has gone down in value since opening the loan, you will realize a loss. To completely remove leverage, you can simply click on “Close Position.” Alternatively, you can adjust the respective sliders to specify the amount of MIMs to repay and the amount of collateral you would like to remove. All removed PLP collateral will be withdrawn to your wallet. Please see [Withdrawing PLPs](#withdrawing-plps) for more information on how to extract the underlying assets from your PLP. ![](https://lh3.googleusercontent.com/4_rIlGKQ14MFtlpVZs527TzhQavBedygtdKqGy9jPVd3RLyrNKRSXlNLMt9Fx4sJqqmzL7gZFOcrdGldvo_i_cfDpbmRq6XXiy9i8vPLnquvwKbhbTKu4Bj3L70Vu3Rn8y1xjq9oq304olnKsA) ## **Monitoring Open Positions** You can monitor all of your open Limone positions in the "My Positions" page. ![](https://lh4.googleusercontent.com/J1qyQ6EpJOHZMZ6KS6081g_32vOoDEK-mDq_7vcHufYNvthBKPYlegfGhx_BFfgHV9ZsvynWDWkLJK_TwCxeq5mRuvCEN89VMMryy1SJ_l7TUm2Xj8mMlS_T7MdhykLtvjVe8rmWPTCLx5fgrA) Here you will see all the basic info, as well as if the position is currently generating fees or not! You should expect your PLP Value to fluctuate as the underlying asset prices change and as rewards / fees are collected. ## **Withdrawing PLPs** If you want to withdraw some or all of your PLP tokens, you can do so by clicking "Withdraw." Please note that if you have an open leverage position, you will need to deleverage before withdrawing. ![](https://lh3.googleusercontent.com/FbWiT7rs9dzqypRqPuLT_LC-xhsPyJoL3rRVi5-_fzhbUJkipP-7e9RYs2uTecB4xGxDfg9ywxrG0u97Jd1A05DctScvP8gr900xsKhguff6Irhwm4KQU1lqbMFMN3k1ghwsYe6gsbRzItMHqg) This window will allow you to select how many of your PLPs you wish to withdraw. After withdrawing, **you will receive the default AMM’s LP token**, which you will then need to unwrap on the default AMM to get back the underlying assets.
ChainLimone PairDefault AMMAddress of LP Token
AvalancheUSDC.e/AVAXTrader Joe 0xa389f9430876455c36478deea9769b7ca4e3ddb1
You may sometimes notice that the withdrawable amount is considerably less than the amount locked in Limone Farming pools. Our strategies keep approximately 90% of the LP in staked in the farming contracts, and 10% in Limone Degenbox to allow users to withdraw smoothly! As a consequence, the amount withdrawable is limited. *Once this limits approaches zero, new LP tokens are unstaked and withdrawals are again available!* # Frapped.io The First and only non-custodial official wrapper for USDt Currently, native[ **USDt**](https://tether.to/) is only minted on (Omni and Liquid Protocol), Ethereum, EOS, Tron, Algorand, SLP, and OMG blockchains. Considering that new blockchains are being used where USDT is not natively minted on, a wrapper is needed in order to have a **standard** stablecoin for **cross-chain** functionality. [**Frapped.io**](https://frapped.io/) is the **first** and **only** **non-custodial** official Tether wrapper, it allows users to use their ERC-20 USDt on every compatible blockchain. As of right now, fUSDt tokens are available on **Binance Smart Chain** and **Fantom Opera.** More blockchains are coming soon! To learn more about this, feel free to visit [**Frapped.io**](https://frapped.io/)
# Our Contracts ### **Popsicle Finance Contracts** You can find all of our contracts on our GitHub Page [**here**](https://github.com/Popsicle-Finance/Contracts)**.** ### **fUSDt Contracts** fUSDt [**token contract**](https://bscscan.com/token/0x049d68029688eabf473097a2fc38ef61633a3c7a) on BNB Chain. fUSDt [**token contract**](https://ftmscan.com/token/0x049d68029688eabf473097a2fc38ef61633a3c7a) on Fantom Blockchain**.** ### **Fragola Contracts on ETH Mainnet** #### **AXS/WETH 0.3%** * Fragola**: 0xa7053782dC3523D2C82B439Acf3f9344Fb47b97f** * Uni V3 Pool**:** **0x3019D4e366576A88D28B623afAF3eCb9ec9d9580** #### **DYDX/WETH 0.3%** * Fragola**: 0xd2C5A739ebfE3E00CFa88A51749d367d7c496CCf** * Uni V3 Pool**:** **0xD8de6af55F618a7Bc69835D55DDC6582220c36c0** #### **FTM/WETH 1%** * Fragola**: 0x949FDF28F437258E7564a35596b1A99b24F81e4e** * Uni V3 Pool**:** **0x3B685307C8611AFb2A9E83EBc8743dc20480716E** #### **SHIB/WETH 0.3%** * Fragola**: 0xa0273C10b8A4BF0bDC57cb0bC974E3A9d89527b8** * Uni V3 Pool**:** **0x2F62f2B4c5fcd7570a709DeC05D68EA19c82A9ec** #### **SHIB/WETH 1%** * Fragola**: 0x495410B129A27bC771ce8fb316d804a5686B8Ea7** * Uni V3 Pool**:** **0x5764a6f2212d502bc5970f9f129ffcd61e5d7563** #### **SPELL/WETH 0.3%** * Fragola**: 0x5C08A6762CAF9ec8a42F249eBC23aAE66097218D** * Uni V3 Pool**:** **0xFEbf38B1D34818D4827034f97b7D6D77c79D4997** #### **USDC/WETH 0.3%** * Fragola**: 0xaE7b92C8B14E7bdB523408aE0A6fFbf3f589adD9** * Uni V3 Pool**:** **0x8ad599c3A0ff1De082011EFDDc58f1908eb6e6D8** #### **USDC/WETH 0.05%** * Fragola**: 0x9683D433621A83aA7dd290106e1da85251317F55** * Uni V3 Pool**:** **0x88e6a0c2ddd26feeb64f039a2c41296fcb3f5640** #### WBTC/WETH **0.3%** * Fragola**: 0x212Aa024E25A9C9bAF5b5397B558B7ccea81740B** * Uni V3 Pool**:** **0xcbcdf9626bc03e24f779434178a73a0b4bad62ed** #### WBTC/WETH **0.05%** * Fragola**: 0xBE5d1d15617879B22C7b6a8e1e16aDD6d0bE3c61** * Uni V3 Pool**:** **0x4585fe77225b41b697c938b018e2ac67ac5a20c0** #### WETH/ICE **0.3%** * Fragola**: 0xFF338D347E59d6B61E5C69382915D863bb22Ef2f** * Uni V3 Pool**:** **0x36bcF57291a291a6E0E0bFF7B12B69B556BCd9ed** #### WETH/USDT **0.3%** * Fragola**: 0xa1BE64Bb138f2B6BCC2fBeCb14c3901b63943d0E** * Uni V3 Pool**:** **0x4e68Ccd3E89f51C3074ca5072bbAC773960dFa36** #### WETH/USDT **0.05%** * Fragola**: 0x8d8B490fCe6Ca1A31752E7cFAFa954Bf30eB7EE2** * Uni V3 Pool**:** **0x11b815efb8f581194ae79006d24e0d814b7697f6** #### MIM/USDC 0.05% * Uni V3 Pool**:** 0x4b5E4e508B268A795988354d3689a0d983eBaD7B * Fragola**:** 0x298b7c5e0770D151e4C5CF6cCA4Dae3A3FFc8E27 #### MIM/USDT 0.05% * Uni V3 Pool**:** 0xe2F04B543d9Fe57D2333d9827fdf188424b20623 * Fragola**:** 0xe6E14be906c1F1b438DA2010B38bECa14b387231 #### USDT/USDC 0.01% * Fragola**: 0x989442D5cCB27E7931095B0f3165c75a6def9bc3** * Uni V3 Pool**:** **0x3416cF6C708Da44DB2624D63ea0AAef7113527C6** #### USDT/UST 0.05% * Uni V3 Pool**:** **0x71fd405e9C2f55522A73911b4A2F39CD80E06051** * Fragola**: 0x92995D179a5528334356cB4Dc5c6cbb1c068696C**
#### USDC/UST 0.05% * Fragola**: 0xbA38029806AbE4B45D5273098137DDb52dA8e62F** * Uni V3 Pool**:** **0x868b7BBbFE148516E5397F23982923686182c2d2** #### WBTC/USDT 0.3% * Fragola**: 0xd2EF15af2649CC46e3E23B96563a3d44ef5E5A06** * Uni V3 Pool**:** **0x868b7BBbFE148516E5397F23982923686182c2d2** #### SAND/WETH 0.3% * Fragola**: 0xF4f542E4b5E2345A1f2D0fEab9492357Ebc5c8f4** * Uni V3 Pool**:** **0x5b97B125CF8aF96834F2D08c8f1291BD47724939** #### ENS/WETH 0.3% * Fragola**: 0x36e9B6e7FADC7b8Ee289c8A24Ad96573cda3D7D9** * Uni V3 Pool**:** **0x92560C178cE069CC014138eD3C2F5221Ba71f58a** ### **Fragola Contracts on Polygon** **MATIC/USDC 0.3%** * Fragola: 0x5C08A6762CAF9ec8a42F249eBC23aAE66097218D * Uni V3 Pool 0x88f3C15523544835fF6c738DDb30995339AD57d6 **MATIC/USDT 0.3%** * Fragola: 0xaE7b92C8B14E7bdB523408aE0A6fFbf3f589adD9 * Uni V3 Pool 0x781067Ef296E5C4A4203F81C593274824b7C185d\ \ **MATIC/WETH 0.05%** * Fragola: 0xa0273C10b8A4BF0bDC57cb0bC974E3A9d89527b8 * Uni V3 Pool 0x86f1d8390222A3691C28938eC7404A1661E618e0 **MATIC/WETH 0.3%** * Fragola: 0x949FDF28F437258E7564a35596b1A99b24F81e4e * Uni V3 Pool 0x167384319B41F7094e62f7506409Eb38079AbfF8 **USDC/USDT 0.05%** * Fragola: 0x9683D433621A83aA7dd290106e1da85251317F55 * Uni V3 Pool 0x3F5228d0e7D75467366be7De2c31D0d098bA2C23 **USDC/WETH 0.3%** * Fragola: 0xd2C5A739ebfE3E00CFa88A51749d367d7c496CCf * Uni V3 Pool: 0x0e44cEb592AcFC5D3F09D996302eB4C499ff8c10 **USDC/WETH 0.05%** * Fragola: 0xa7053782dC3523D2C82B439Acf3f9344Fb47b97f * Uni V3 Pool 0x45dDa9cb7c25131DF268515131f647d726f50608 # ICE Token Popsicle Finance's Token **ICE** is Popsicle Finance’s token, it has a maximum supply of **69M**. It is minted on the Ethereum Mainnet as an ERC-20 Token and then bridged to all other supported blockchains. You can check the current circulating supply [**here**](https://etherscan.io/token/0xf16e81dce15b08f326220742020379b855b87df9). \ The token address on **ETH**, **BSC** and **FTM** is **0xf16e81dce15b08f326220742020379b855b87df9** . The Token Address on **AVAX** is: **0xe0Ce60AF0850bF54072635e66E79Df17082A1109 .** The Token address on **Polygon** is: **0x4e1581f01046efdd7a1a2cdb0f82cdd7f71f2e59 .** The Token address on **Arbitrum** is: **0xcb58418aa51ba525aef0fe474109c0354d844b7c** ***44,842,141 ICE tokens have been burned on 10/07/2021, find more details about it*** [***here***](https://popsiclefinance.medium.com/popsicles-team-burn-proposal-1c3c64ba1898)***.*** ### Tokenomics: To begin with, the ICE token will be a pure governance-focused token, as the product continues to be built the token will become **pivotal**, we want to make sure the community shapes the token utility with us. ### Post-Burn Token Distribution. Please note that following the passing of the Tokenomics proposal made by the team **44,842,141** ICE have been burned bringing the **ICE** token allocation as follows: ![](/files/-Mg0nUrOGQsFSWzkZLtD) Bringing the new distribution as follows: ![Please note that the ICE for the hack repayment are coming from the Team Allocation and have been distributed to the affected addresses on the 29th of October 2021](/files/oWATsoE565g8E2a3KRRb) ***You can find the burn transaction*** [***here***](https://etherscan.io/tx/0x43eb290ac99e3e286180ce70bd9ef0340ce886ccaa96c355f8a4b7ab5e8a3c64) ***or you can read more about the reason behind the proposal*** [***here***](https://popsiclefinance.medium.com/popsicles-team-burn-proposal-1c3c64ba1898)***!*** ## ***Current Emissions*** Currently the protocol is emitting 12k ICE per week, towards the ICE/WETH pool on Sushiswap Ethereum. *In the future, emissions may be subjected to a change to better follow market dynamics.* # nICE Tokens The Fee sharing tool of Popsicle Finance! A performance fee is charged on all the profits collected by [**Sorbetto Fragola**](https://popsicle-finance-wiki.gitbook.io/popsicle-finance/our-products/sorbetto/sorbetto-fragola), Sorbetto Limone, and likely any future product. This performance fee will be collected and later distributed to **nICE** holders in the form of **ICE** tokens. ![](/files/-Mea2HI8npCJNj8WsRk5) ***Although the staking mechanism is only available on Ethereum Mainnet, the nICE token is live on Ethereum Mainnet, AVAX, BSC, FTM and Arbitrum! The address can be found in the list below:*** * **ETH** **Mainnet**: [**0xfF3Ac80c1caA08Cbd43a7e90d20c398d54C7342f**](https://etherscan.io/address/0xff3ac80c1caa08cbd43a7e90d20c398d54c7342f)**.** * **FTM:** [**0x7f620d7d0b3479b1655cefb1b0bc67fb0ef4e443**](https://ftmscan.com/address/0x7f620d7d0b3479b1655cefb1b0bc67fb0ef4e443)**.** * **AVAX:** [**0x546d10c1378febef063b72ae4865496ad801c386**](https://snowtrace.io/token/0x546d10c1378febef063b72ae4865496ad801c386) **Please note that you can also add nICE to your wallet by clicking on its logo in the top right corner of Popsicle website.** ### How does it work? The process is pretty simple and straightforward: * Users deposit **ICE** tokens into the **nICE*****-Pool***. * As a receipt of their deposit, they receive **nICE** tokens in their wallets. **nICE** tokens represent the share of the **nICE*****-Pool*** owned by the user. * Fees are collected from the protocol, used to market buy ICE tokens that will later be deposited into the **nICE*****-Pool***. * When users want to unstake, they receive their share of the **nICE*****-Pool*****,** which corresponds to the initially staked ICE tokens as well as any additional share of the fees. It should be mentioned that the quantity of **nICE** tokens a user receives from staking is likely to not be the same as the **ICE** token quantity deposited. This is because as the pool increases in size from the fees, the value of 1 **nICE** token increases to be equal to more than 1 **ICE** token. Furthermore*,* the return given by **nICE** is not constant, as it is based on the underlying performance of Popsicle Finance's products. The APR displayed is therefore an estimate based on past performances. *Please note that once you deposit your ICE tokens, you will not be able to unstake right away, as they are subject to a 24 Hours Lock-up period!* {% hint style="success" %} *We are setting up nICE-ICE markets on other chains where nICE is bridged in order to allow the purchase of nICE for ICE (obtaining the same result as staking) on sidechains! Stay tuned!* {% endhint %} ### *How To Use the nICE Staking:* ![](/files/-Me_mJUxrwktau9KLF1y) First of all, click on the "[**nICE**](https://app.popsicle.finance/nICE/)" button on the top part of the screen. The following frame will appear: ![](/files/-MfD9r3ZnJ4Bvnuxq_4o) Here users will be able to stake their **ICE** for **nICE**, as well as doing the inverse process by clicking on the two arrows above. Users can also see how many ICE they are earning by comparing how much their nICE tokens are worth in terms of ICE (checking the ration in the top right corner) regularly. Given the fact that after every fee payout the nICE value in terms of ICE will increase, users can expect to see the number of ICE in the top right corner to increase. On the right frame, you will see how many **ICE** or **nICE** you have in your connected wallet. ![](/files/-MfUy94bX5EqnifuB4oF) On the right frame, You will also be able to see different stats: * **Approximate Staking APR** (calculated as the last week's APR annualized) - The APR that the nICE staking provides. * **Total ICE Locked** - Number of ICE locked in the nICE contract. * **Staked Protocol Fees** - Amount of fees sent to the nICE pool since day one. Once selected the amount desired, just click on the "**STAKE"** button and approve your transaction! *Please note that the first time you do this process you will be asked to approve the ICE spending first, and then pay the gas fees for the actual transaction!* ![](/files/-Me_si6E3wa5szYwt8d7) ### Our Fees Currently, the only fee collected by the protocol is the 20% performance fee of [**Sorbetto Fragola**](https://popsicle-finance-wiki.gitbook.io/popsicle-finance/our-products/sorbetto/sorbetto-fragola)**.** The fee collecting process is being done manually. The Team collects the Protocol Fees from each contract, sends them to the governance address are uses them to market buy ICE. This process happens at least 3 times a week, but we are not going to disclose more information to avoid front running issues. \ \ **We will update this page once Limone is live, and again after the launch of any new fee-generating product!** ### Available Blockchains Please note that due to both security and distribution reasons, nICE staking will only be available on **Ethereum Mainnet.** *We are currently working on adding nICE to Anyswap bridge, in order to allow users on **FTM, AVAX,*** ***BSC** and **Arbitrum** to buy and sell it in ICE-nICE markets. **Stay tuned!*** # Popsicle Governance The governance process of Popsicle Finance revolves around two main tools: * [**The Popsicle Forum**](https://forum.popsicle.finance/) * [**The Snapshot Page**](https://snapshot.org/#/popsiclefinance.eth) [**Popsicle Finance**](https://popsicle.finance/) is an LP Optimizer that aims to become completely community led. In order to achieve this goal successfully we have created a multi-step document that will clearly outline this process. Find it [**here**](https://forum.popsicle.finance/t/popsicle-governance-process/31)**.** # Tracking and Understanding your LP Rewards ### Introduction on LPing When you are Providing Liquidity (LPing) you are "making the market" for a particular trading pair, meaning you are acting as the liquidity for buyers and sellers on DEXes while earning fees. The market is constantly moving up and down. Meaning the ratio of assets you are Providing Liquidity is constantly changing, as you are buying and selling them. If we take the example of LPing ETH/USDT, as ETH goes up, you are "buying" USDT. So in this LP you will start having more and more USDT, meaning that you have less ETH resulting in you having less exposure on ETH. While this is happening you earn both ETH and USDT fees. Now let's add volatility to the equation and take an example with ETH/USDT. Imagine the following: you have been providing liquidity to the ETH/USDT pair since March. The LP ratio you have is 60/40 ETH/USDT. As price reached an all time high in May, your LP bought more USDT, so you might now be at an exposure of 20/80 ETH/USDT. This is what you call Impermanent Loss (IL), which makes people panic. *But wait! Let's dive into what happens if the price moves down again!* Let's now imagine a huge price crash, in this case prices came crashing down to the same levels as in March. As price goes down your LP is buying more and more ETH. So now in July you may be at the same ETH/USDT ratio. This is why **Impermanent Loss** is called “**Impermanent**”. *You are not losing anything if you wait for the ratio to come back to your entry point to dismantle your LP.* During this time from March to July, you have been earning trading fees, while the LP you have is "buying" and "selling" the assets you have provided. If you had been LPing in the example above, you would have ended up with the same ETH/USDT ratio as you started + fees. Now there's one more thing to add to this equation to fully grasp its potentiality. **Stable/Stable**, **WBTC/ETH**, **AVAX/SO**L etc are more correlated pairs, meaning their prices usually move in the same direction. In other words, the ratio between these coins in an LP are not as volatile as uncorrelated pairs, producing less IL. If you are bullish on the overall crypto market, you want to be LPing WBTC/WETH rather than ETH/USDT basically. ### Understanding Returns and APRs **Earning fees with LPing, is NOT like staking/farming, since the assets you are holding change in proportion constantly.** Remember that we can not predict the future return on LPing as it is completely based on how the market moves. It’s impossible to find out how much fees your LP will produce, because it is impossible to predict the future. **This is the reason why our APRs are only a projection, based on past values!** #### Sorbetto Fragola and Impermanent Loss A small appendix needs to be made for **Sorbetto Fragola** strategy and how it relates with IL. Working on UniV3 positions, Fragola rearranges the boundaries of the ratio in which your funds are being LPd, based on price movement. This means that it is also making the Impermanent Loss permanent every rebalance in order to remain in the most traded utilisation range and capture the most fees! The tighter the range, the higher the amount of fees collected, but also the higher the IL exposure as more rebalances will be required. *See Fragola range as the optimal trade off between maximizing fees earnings, trying to keep the Impermanent Loss exposure as low as possible.* # Our Audits ### Popsicle Stand Our farming contracts, and token contracts have been audited by [**Certik**](https://www.certik.org/projects/popsiclefinance)**.** ### Sorbetto Fragola Sorbetto Fragola has been audited by multiple firms! Find the reports in the list below: * [**Quantstamp**](https://certificate.quantstamp.com/full/popsicle) * **Certora (To be Released)** # Our Bug Bounties Popsicle Finance values security above everything else. Find here all the details about our bug bounties programs! ### Immunefi Bounty Program We partnered with [**Immunefi**](https://immunefi.com/), a leader in the industry for white hats compensations and bug discoveries, to host on their website a bug bounty program [**here**](https://immunefi.com/bounty/popsicle/).\ \ A user who has found a vulnerability or bug in our code, and wants to get rewarded for that, can submit a report directly through Immunefi's website and will be compensated accordingly to the Threat Level and Importance of the discovery. You can find all the details about our program (rules of participation, payout amounts per threat level, etc etc) directly on Immunefi's popsicle dedicated page at the [**following link**](https://immunefi.com/bounty/popsicle/). *Bear in mind that only users who follows the rules of participation will be allowed to take part in the bug bounty program and therefore be compensated!* # Our Community Links These are our only official social media, everything else has to be considered as unofficial! **Popsicle Finance**'s ecosystem is a **rapidly changing** environment. In order to communicate with our community, we use different media. ### Twitter If you are interested in keeping up with the latest news, please follow our [**Twitter**](https://twitter.com/PopsicleFinance). ### Discord If you want to reach any of the team members or take part in the discussion about different topics you can do so on our [**Discord**](https://discord.gg/PXjQb4hTtT)**.** ### **Telegram Announcement Channel** We also have an announcement channel on [**Telegram**](https://t.me/PopsicleFinance)**.** ### **Medium** If you are interested in some more in-depth read or in our monthly updates here is our [**Medium**](https://popsiclefinance.medium.com/)**.** ### **Github** To view our Contracts or find out more about our code visit [**GitHub**](https://github.com/Popsicle-Finance)**.** ### **Reddit** We also have a [**Sub-reddit**](https://www.reddit.com/r/Popsicle_Finance/) page, which was very active in the first days of Popsicle Finance. ### Youtube Find the Popsicle Finance's Youtube channel [**here**](https://www.youtube.com/channel/UCDOiQ4WzuZ4QG0wJGiYfi5w). # Our Partners Our Official Partners. Here, at Popsicle Finance, we give extreme **importance** to the entities we collaborate with. \ That is why our **official** **partners** are some of the most respected players in the **Crypto** and **DeFi** space, that share with us the ideal of mutual assistance aimed towards the creation of an easy-to-use and performing cross-chain ecosystem. ## Our Partners: ### Tether We partnered with [**Tether**](https://tether.to/) to create [**fUSDt**](/our-products/frapped.io), the **first** and **only** official non-custodial tether wrapper that will become the standard stablecoin trading pair for all chains. ### Yearn Finance [**Yearn Finance**](https://yearn.finance/) to us is the project that really lives the values of what DeFi should be, furthermore their team has an amazing experience at creating various yield optimization strategies. ### Raydium With [**Raydium**](https://raydium.io/), we aim to build a technology that allows users to **bridge** liquidity to **Solana**, from Ethereum and other chains. ### Sushiswap [**Sushiswap**](https://sushi.com/) has proved to be the most decentralized governed AMM and it has also been the first to support multiple chains, both values that we consider extremely important. Thanks to this collaboration, we are sure that we will help develop an efficient and decentralized market! ### Cream Finance [**Cream Finance**](https://cream.finance/) is one of the most innovative decentralized lending protocols, with the ability of the Ironbank to offer cross-chain flash loans they are leading the path for cross-chain lending. ### Blockchain Research Lab [**Blockchain Research Lab**](https://www.blockchainresearchlab.org/) is a leading scientific research lab in the blockchain space, with a special focus on trading researches. Read more about what our [**partnership**](https://www.blockchainresearchlab.org/2021/05/13/partnership-with-popsicle-finance/) will bring to the DeFi ecosystem [**here**](https://popsiclefinance.medium.com/popsicle-finance-x-blockchain-research-lab-1eca10fa0240) on our medium. Check out their research on Active Liquidity Management [**here**](https://twitter.com/danielesesta/status/1427666956887502849). ## Blockchains: Our mission is to bring liquidity wherever it is needed, thus we do not directly partner with specific blockchains as we are open to working with whoever has active users and liquidity. Currently, we are active on Ethereum, Binance Smart Chain, and Fantom, we are expecting to be on Solana and Terra very soon. ## Work with us: We believe that **collaboration** is the key to success, that is why Popsicle Finance is always eager to find **new partners** that will allow our cross-chain family to grow as much as possible! \ If your company shares **our vision** and would like to help us **shape** the future of DeFi, please contact one of our team members on [**Discord**](http://discord.gg/popsicle)! # Marketing Material In order to allow our community to grow as fast as possible, we have decided to give access to our branding material to everyone. These are the only **official** Popsicle Finance Logos, feel free to use them for any press material. ## Popsicle Finance Logo: ![Black and White Writing Variations](/files/-MYz2Wu68l_AkaIt0A1V) {% file src="/files/-MYz2pJpFpLvaEpZDyey" %} 128 x 128 White (PNG) {% endfile %} {% file src="/files/-MYz2zTR-auv9cPIfLfX" %} 128 x 128 Black (PNG) {% endfile %} {% file src="/files/-MYz35g2ZKTNzpTmrwhg" %} 256 x 256 White (PNG) {% endfile %} {% file src="/files/-MYz3D0jDH-JD0rq55rd" %} 256 x 256 Black (PNG) {% endfile %} {% file src="/files/-MYz3JEbx6l6DVmG1oRy" %} 512 x 512 White (PNG) {% endfile %} {% file src="/files/-MYz3Rs6y-j40BL3\_wB3" %} 512 x 512 Black (PNG) {% endfile %} ## ICE Token Logo:
ICE Token Logo
{% file src="/files/-MYz1b-yhj97-lykcqny" %} 16 x 16 (PNG) {% endfile %} {% file src="/files/-MYz1rKpmuaBY4mQUd64" %} 32 x 32 (PNG) {% endfile %} {% file src="/files/-MYz249NMabsAqJT-ffu" %} 64 x 64 (PNG) {% endfile %} {% file src="/files/-MYz2AG6sTQAtir-jUlm" %} 128 x 128 (PNG) {% endfile %} {% file src="/files/-MYz2Eu\_JZF7a9hqTpip" %} 256 x 256 (PNG) {% endfile %} ## nICE Token Logo: ![](/files/-Mea28Z8NKjb8hILu7Gp) {% file src="/files/-Me\_vU-g6BY\_l-2Hx-k0" %} 128 x 128 (PNG) {% endfile %} {% file src="/files/-Me\_vE0bKuD4etKYdE6q" %} 256 x 256 (PNG) {% endfile %} ## Popsicle Finance Telegram Stickers Pack Add it to Telegram [**here**](https://t.me/addstickers/PopsicleIce)**.** ## Popsicle Emoji ![](/files/-Mg2JGA_ouYWZsaQGTXJ) {% file src="/files/-Mg2IoYkMEL4u4eG5gz3" %} Popsicle Finance Emoji Pack {% endfile %} # FAQs Frequently Asked Questions. ### What is Popsicle Finance? Popsicle Finance is a cross-chain yield enhancement platform focusing on Automated Market-Making (AMM) Liquidity Providers (LP) currently on Ethereum, Binance Smart Chain and Fantom Opera. We are soon expanding our platform to work on Solana and Polkadot. To learn more read our initial medium post [**here**](https://popsiclefinance.medium.com/welcome-to-popsicle-finance-9d0157f96921). ### What is Popsicle Stand? Please kindly refer to our product section [**here**](https://docs.popsicle.finance/our-products/popsicle-stand). ### What platform is Popsicle on? Popsicle is on Ethereum, Binance Smart Chain and Fantom Opera (FTM). We will soon add more blockchains, please refer to “Our Tech” for more info about the blockchains we will implement in the future. ### Are there any risks using the protocol? Yes, Popsicle is a very early stage project, thus any smart contract risks exist like with any other DeFi project. ### How do I add ICE tokens to my Metamask wallet? The ICE token contract address is **0xf16e81dce15b08f326220742020379b855b87df9**, and it is the same for FTM, BSC and ETH. ### Will there be any more Airdrops in the future? No, there will be no more Airdrops! ### I am currently using Sorbetto Fragola, where are my UNI V3 NFT? **Fragola** interacts directly with the Uniswap V3 pool, hence there are no NFTs representing the position. ### How do I check if I am earning ICE thanks to nICE Staking? If you hold nICE tokens in your wallet, you are automatically earning ICE tokens, as you will be able to unstake more ICE than what you staked. You can also compare how the value of your nICE tokens increases over time using the displayed ration in the top right corner of the screen! Please keep in mind that payments are made three times per week, therefore your gains will not increase linearly. Read more about nICE [**here**](https://docs.popsicle.finance/our-tech/ice-token/nice-tokens). ### Will nICE staking arrive on other chains other than Ethereum? Due to both security and distribution reasons, nICE staking will only be available on Ethereum Mainnet. You will be able to buy nICE tokens on other chains tho, in nICE-ICE markets! ### **If you have any other questions, please do not hesitate to contact our team on our** [**Discord**](http://discord.gg/popsicle)**.** # Wagmi Brief Introduction to this document This **Wiki** is intended to explain what WAGMI is, how it **works,** and how it will **evolve** over time.
*Please note that this knowledge base will be constantly updated and edited, always refer to the latest version for the most updated details. It is also possible that this document will not contain the most recent changes to the platform and the products found within, as they all hold precedence to this document. However, we will do our best to maintain this document updated to the best of our abilities.* # Our mission Wagmi mission in DeFi The **WAGMI** protocol is a limited TVL decentralized exchange with advanced liquidity provision strategies and GMI mechanics. A strategy can be considered a form of liquidity management that **WAGMI** oversees. Users don't need to wonder which pool is currently providing higher yields while keeping their funds secure. Our strategy ensures that price ranges in all pools are carefully selected, along with thoughtful diversification among them. Furthermore, **WAGMI** is continuously monitoring strategies and analyzing current market conditions. This enables an auto-rebalance mechanism to adjust strategy settings in a way that ensures higher rewards at all times, regardless of market shifts. Users' positions will always be within a set price range. GMI represents a pool within which we have multiple multi-pools, and each multi-pool consists of multiple V3 pools. Users can acquire GMI with any WLP token that is supported by GMI and, by holding GMI, earn fees from all multi-pools inside the GMI. GMI also serves as a diversification tool. Profit from all multi-pools that exist inside GMI is shared among GMI holders according to each holder’s GMI share. The initial implementation of the Wagmi protocol took place on the Zksync Era mainnet. Shortly after that, it was deployed on Fantom Opera. Our latest deployment was on Kava with enhanced features such as advanced liquidity provision strategies and GMI mechanics. In the future, it will be deployed on other blockchain networks via the omni layer, allowing for greater decentralization and accessibility. # Our Vision How we imagine the future of the DeFi Space. The current state of DeFi requires users to navigate a complex ecosystem of multiple protocols to carry out different actions such as trading, liquidity provision, swapping and strategy generation. This can be confusing, inconsistent and time-consuming for users, leading to a fragmented user experience. ## **Our Contribution** The **WAGMI** protocol is designed to maximize the utilization of liquidity under management, optimizing returns for liquidity providers. By employing advanced liquidity provision strategies and an auto-rebalancing mechanism, the protocol ensures that the funds are allocated in a way that they generate higher yields, regardless of market shifts. The sophisticated liquidity management, represented through its **GMI** mechanics, simplifies the process for users, who no longer need to manually ascertain which pool is currently more profitable. Additionally, the protocol's multi-pool structure and cross-blockchain deployment enhance liquidity access and diversification, fostering a more rewarding and secure environment for users. Through such measures, the **WAGMI** protocol significantly benefits its users by making liquidity provision in a user-friendly endeavor. # Our Values At the core of our values lies a commitment to maximizing the utilization and efficiency of liquidity under management, ensuring our users reap the most rewards from their contributions. The **WAGMI** protocol embodies this ethos by deploying advanced liquidity provision strategies and GMI mechanics. Our innovative auto-rebalancing mechanism reflects a proactive stance towards adapting to market shifts, ensuring higher yields at all times. By eliminating the need for manual pool selection and providing a secure, diversified liquidity environment through our multi-pool structure and cross-blockchain deployment, we prioritize user ease and security. Moreover, the shared profit model among GMI holders encapsulates our belief in collective growth and decentralization, fostering a community where every member benefits from the network's success. Through these measures, we strive to create a user-centric decentralized exchange platform that stands resilient in the face of market volatility, upholding our values of transparency, inclusivity, and optimum liquidity utilization.\ \ The following steps are implementing a functional **democratic**, and **transparent** governance system and the launch of our products designed and routed by the community **needs** and **desired**. Find out more about how we deal with Governance in the following sections! # What We do The following descriptions are only rough summaries of the products and each product will have its own detailed section in the sections that follow. At **Wagmi** Protocol, we strive to provide a comprehensive, all-in-one DeFi solution for our users. The following section provides a brief overview of our key products and services. Please refer to the detailed sections that follow for more in-depth information on each offering. 1. Concentrated Liquidity The Wagmi Protocol incorporates the concept of concentrated liquidity. Unlike earlier versions where liquidity was distributed uniformly across the price curve, concentrated liquidity enables liquidity providers (LPs) to allocate their capital within custom price ranges. This results in more efficient use of capital and greater fee earnings for LPs, as well as deeper liquidity for traders around the mid-price. 2. Active Liquidity Management: Evolving Sorbetto Fragola Sorbetto Fragola is a cutting-edge solution designed specifically for Uniswap v3 that enables active liquidity management. By optimizing the price range based on historical volatility, Sorbetto Fragola ensures that users' funds are always in the most traded utilization zone, maximizing trading fee returns and profitability. While this strategy is optimized for trading fee yield, it's important for users to consider Impermanent Loss (IL) as well. Our next step was to integrate upgraded versions of Popsicle into Wagmi. Popsicle’s Fragola contracts have been enhanced to better suit our needs. The integration process was complex but we had to ensure that the new versions of Fragola seamlessly fit into the Wagmi ecosystem, enhancing its functionality and expanding its capabilities. 3. Coming soon - Interoperability By leveraging the omni layer technology, the protocol can interact with multiple blockchain networks, ensuring compatibility with a wide range of DeFi applications and assets. This cross-chain functionality not only broadens the scope of the **Wagmi** protocol's services but also promotes a more inclusive and connected DeFi ecosystem. 4. Composability By offering a wide range of financial services and tools under a single umbrella, the platform enables users to create and execute complex strategies with ease. This modular approach allows for the seamless integration of new DeFi products and services, fostering innovation and growth within the ecosystem.
# Our Team ## Our Team #### Who are we? The team that built Wagmi has a long history and great experience in cryptocurrency. The majority of the team has been full-time in the cryptocurrency space since 2015. #### **Contact Us!** You are able to chat with us on [**Discord**](https://discord.gg/PXjQb4hTtT) (even though we will never DM you). We are the guys with the light blue nicknames, and we hang around all the channels! If you would like to find out more about some of us, here is a list of our Twitter accounts:\ \ \ \ # Our Glossary WAGMI is a wide ecosystem. Here are some definitions that will allow you to navigate better inside of it! **Automated Market Makers (AMMs) -** Smart contracts that allow users to trade assets in a non-custodial and peer to peer manner, using liquidity pools and liquidity providers! **Liquidity Providing -** Liquidity providing means being a Market Maker on Decentralized Exchanges, earning trading fees by providing capital to the liquidity pool! **Decentralized Exchanges (DEXs) -** A particular type of non-custodial Cryptocurrency Exchange where users trade assets thanks to different smart contracts and pools. Examples could be Uniswap, Sushiswap, Spookyswap etc etc. **GMI -** represents a pool within which we have multiple multi-pools, and each multi-pool consists of three V3 pools. You can acquire GMI with any WLP token that is supported by GMI and by holding GMI earn fees from all multi pools inside the GMI. **Multiposition concentrator** - Unlike the traditional approach of having separate pools for each pair, such as **ETH**/**USDT**, the multiposition concentrator integrates a multi pool and multiposition embedded contract. This allows us to pull comprehensive historical data for all available pools on the network. **Impermanent Loss (IL) -** The Opportunity cost that Liquidity Providers might encounter if one of two assets they are LPing changes in price a lot compared to the other! Read more about IL [**here**](https://popsiclefinance.medium.com/why-is-impermanent-loss-not-permanent-loss-38bca54254e3).\ \ **Slippage -** Slippage, in simple terms, is the loss that can occur as other swaps of these tokens take place during the processing of your transaction. To help avoid slippage you can set your gas price higher. **Total Value Locked (TVL) -** Dollar Value of all the assets deposited in a particular smart contract or pool. **Annualized Percentage Rate (APR) -** The percentage by which users can expect their token investment to grow in one year, not taking into account the possible compounding factor. **Return On Investment (ROI) -** Similar to the APR, the ROI is a popular profitability metric used to evaluate how well an investment has or will be performing over a particular period of time. **LP Tokens -** Tokens that are received from the decentralized exchange once users deposits capital in order to become liquidity providers. Different Pairs on different DEXs have different LP tokens. **Wagmi Liquidity Provision Tokens (WLP)** - Tokens that are sent to **Wagmi** users when they deposit liquidity in one of our smart contracts. **Popsicle Liquidity Provision Tokens (PLP) -** Tokens that are sent to the Popsicle Finance Users when they deposit liquidity in one of our smart contracts. Different Pairs of tokens will have different PLP tokens. **Volatility -** The Volatility is a statistical measure that describes how dispersed a particular asset's returns are. An asset with higher Volatility is a riskier asset than one with low volatility. **Staking** - Token staking is a process in which users lock up or "stake" their tokens in a wallet or platform to support the operations of a blockchain network, typically in Proof-of-Stake (PoS) or Delegated Proof-of-Stake (DPoS) consensus mechanisms. In return for their contribution, users can earn revenue in the form of staking rewards or other incentives. **Liquidity Index** - The accumulated interest of a reserve during a given time interval since the last timestamp update, measuring the reserve's growth. **Loan To Value (LTV)** - The maximum borrowing capacity of specific collateral. For instance, with a 75% LTV, users can borrow 0.75 ETH worth of principal currency for every 1 ETH worth of collateral. LTVs vary for each collateral type and are expressed as percentages. **Liquidation Threshold** - The boundary at which a borrow position is deemed undercollateralized and subject to liquidation. For example, if a collateral's liquidation threshold is 80%, the loan is liquidated when the debt value reaches 80% of the collateral value. This threshold is determined per collateral and expressed as a percentage. **Liquidation Bonus** - An incentive for liquidators in the form of a bonus for purchasing specific collateral with a health factor below 1. The bonus varies per collateral and is expressed as a percentage. **Health Factor** - A metric representing the ratio between the total collateral multiplied by the liquidation threshold and the borrowed principal. A loan is considered undercollateralized and eligible for liquidation when the Health Factor falls below 1. # Token warnings **We at WAGMI want to help you safely browse and discover tokens and make informed decisions about them.** That’s why we introduced Token Warnings.\ \ You may see either red and yellow Token Warnings while swapping and navigating throughout the site. These warnings are to alert you to the potentially heightened risk in trading these tokens.\ \ Token Warnings are available for Ethereum (ERC-20) tokens and supported Layer 2 tokens. ### HOW TO ADD YOUR TOKEN TO TOKENLIST Please read guidelines for submitting community PR for adding tokens to tokenlist. **Criteria** The Wagmi team will continue to maintain the list for quality control. Some rough guidelines: * Contract should be verified on block explorers e.g. `explorer.zksync.io` * Token should have established liquidity, a good number of liquidity providers, and 15 day volume. Read more on our [Github](https://github.com/RealWagmi/tokenlists#how-to-add-your-token-to-tokenlist). **How are token safety labels determined?**\
| **Label** | **Criteria** | **Published List** | | ---------------------------------------------------------------------------------------------------------------------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | -------------------------------------------------------------------------------------- | | ![Screen\_Shot\_2022-10-24\_at\_11.04.26\_AM.png](https://support.uniswap.org/hc/article_attachments/10108435897357) | Any token that has been listed by a US-based centralized exchange, such as Coinbase, Kraken, or Gemini. In very rare cases, a token separately reviewed and approved by WAGMI Labs (e.g., USDC, BUSD). | [WAGMI Default List](https://github.com/RealWagmi/tokenlists/blob/main/tokenlist.json) | |

Medium.jpg

| Any token that is frequently swapped on WAGMI (and has satisfied other basic quantitative criteria) but is not traded on a leading U.S. centralized exchange. We plan to update these criteria over time. | WAGMI Extended List | |

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| Any token that is not frequently swapped on WAGMI (and has not satisfied other basic quantitative criteria) and is also not traded on a leading U.S. centralized exchange. | N/A | |

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| Manually curated by WAGMI to block tokens that violate trademarks, that have proven to be scams, or otherwise based on legal considerations. | WAGMI Unsupported List | # What we plan to deliver A short list of goals of building our vision into reality 1. The launch of a suite of DeFi products and services, including decentralized exchange (DEX), yield farming opportunities, automated strategies, limit orders, leverage and more – all designed with the community's needs in mind. 2. The establishment of a decentralized autonomous organization (Wagmi DAO) to facilitate community input and decision-making. 3. Interoperability - One of the key features of the Wagmi protocol plans to do is interoperability. By leveraging the omni layer technology, the protocol can interact with multiple blockchain networks, ensuring compatibility with a wide range of DeFi applications and assets. This cross-chain functionality not only broadens the scope of the Wagmi protocol's services but also promotes a more inclusive and connected DeFi ecosystem. 4. Ongoing education and outreach programs of our products to promote greater awareness and understanding of DeFi and its potential benefits. 5. Strategic partnerships and collaborations with other projects to foster a more interconnected and collaborative DeFi ecosystem. # Ice / Nice to Wagmi token swap Short guide of ICE and NICE to Wagmi swap process In this guide, we will show you how to swap your **ICE** and **NICE** tokens for **WAGMI**. Please keep in mind, there is a bridge deadline. The timer is set above the network selection. Once the migration page is live, swap will be ongoing for 90 days. Keep an eye on the timer. \*Once you migrate from **ICE** or **NICE** to **WAGMI**, your **ICE** or **NICE** will be gone forever, there is no swap back option.\* Connect your wallet in the upper right corner of the page.

Connect wallet

Once your wallet is connected, choose the network on which you are holding your **ICE** or **NICE** tokens. The currently supported networks for the **ICE** or **NICE** swap are: **Ethereum mainnet, Fantom Opera, Binance Smart Chain, Polygon (POS) and Avalanche and Arbitrum.**

Ice to Wagmi migration

Your **ICE** or **NICE** balance should appear above the **ICE** or **NICE** icon on our SWAP page after selecting a network. Enter the amount of **ICE** or **NICE** you would like to swap into **WAGMI**. Keep in mind that **WAGMI** tokens will be received on the network from which you initiated the swap. So, if you want your **WAGMI** tokens on Fantom, it's best to have your **ICE** or **NICE** tokens on Fantom as well.

NICE to WAGMI migration

You have the option to swap your entire balance or choose to swap smaller amounts in multiple batches, according to your preference. Once you have selected your desired amount, you need to approve your **ICE** or **NICE** for spending, similar to how you would approve a trade on any DEX. After the approval transaction is confirmed on the blockchain, a **SWAP** button will appear. \ For 1 **ICE**, you will receive 69 **WAGMI**. For 1 **NICE** you will receive 82.0795 **WAGMI**. \ After inputting the amount of **ICE** or **NICE** to swap, press the swap button and confirm the transaction with your wallet. Once the transaction is confirmed on the blockchain, your wallet balance should be updated. The **WAGMI token** contracts are:
NetworkContractAddress
ethereumWAGMI0x92CC36D66e9d739D50673d1f27929a371FB83a67
bscWAGMI0xaf20f5f19698f1D19351028cd7103B63D30DE7d7
fantomWAGMI0xb1F795776cB9DdAC6E7e162f31C7419Dd3d48297
avalancheWAGMI0xaf20f5f19698f1D19351028cd7103B63D30DE7d7
polygonWAGMI0x07Ed33a242BD9C08CA3C198e01189e35265024Da
arbitrumWAGMI0xaf20f5f19698f1D19351028cd7103B63D30DE7d7
optimismWAGMI0xaf20f5f19698f1D19351028cd7103B63D30DE7d7
zksyncWAGMI0x3613AD277DF1d5935D41400A181Aa9ec1DC2Dc9e
kavaWAGMI0xaf20f5f19698f1D19351028cd7103B63D30DE7d7
**ICE** to **WAGMI** swap contracts are:
NetworkContractAddress
polygoniceWagmiSwap0xb1F795776cB9DdAC6E7e162f31C7419Dd3d48297
avalancheiceWagmiSwap0x576A1301B42942537d38FB147895fE83fB418fD4
bsciceWagmiSwap0x576A1301B42942537d38FB147895fE83fB418fD4
fantomiceWagmiSwap0xA6D200ED01389b49E21D8A0018d5b81528bcFC0D
ethereumiceWagmiSwap0xa9aF508A15fc3B75763A9e536505FFE1F884D12C
arbitrumiceWagmiSwap0x8112E18a34b63964388a3B2984037d6a2EFE5B8A
In case you cannot see the **WAGMI** token balance in your wallet, don't worry. You may need to manually add it to your wallet. Simply import the **WAGMI** token contract into the "Add token" section of your Metamask wallet. \
# WAGMI token bridge In this section, you will learn how to bridge WAGMI tokens across networks The **WAGMI** token is deployed using the Omnichain Fungible Token (OFT) standard. This standard allows a token to be sent across both current and future chains without the need for liquidity, a requirement that was necessary with traditional multichain bridges. To use the bridge feature, visit the 'Bridge' tab on wagmi.com. Then, select the network from which you'd like to bridge. The list of supported networks includes **Fantom, Polygon, Binance Smart Chain, zkSync Era, Optimism, Arbitrum, Avalanche, and Kava EVM.** **Link to bridge is available here:** [**https://app.wagmi.com/#/bridge**](https://app.wagmi.com/#/bridge) You can swap to and from these networks within seconds. However, make sure you have enough gas to bridge the **WAGMI** token across networks. The highest gas cost is incurred when bridging to and from the Ethereum mainnet; for other networks, the gas cost is generally insignificant. In the picture below you can see the interface of supported networks for bridge.
In the picture below you can see the interface of bridging from Kava EVM to Ethereum mainnet. Select the amount of tokens you would like to bridge and click the bridge button. Your **WAGMI** tokens should be transfered to Ethereum networks within seconds.
Make sure you have enough gas on the destination chain to send tokens or execute transactions. ### Destination chain gas We implemented an option to convert a part of your origin chain tokens into destination chain native token so users can have some Gas ready on the destination chain. Simply click on the "Convert to gas token".
Small pop up window will show where you can chose the amount of destination chain tokens to receive. Input the desired amount and click save. That's it. After your transaction is completed, you will also receive destination chain native token in your wallet.
# Token Economics of WAGMI Wagminomics ### Maximum possible token Supply The maximum possible token supply is derived from the equation:\ **69,000,000 ICE \* 69 = 4,761,000,000 WAGMI tokens.** With the new tokenomics model, it is highly unlikely that Max token supply will be ever reached. Only thig that should be considered for calculating market cap is the circulating supply of WAGMI token. From this, after the swap (in case that every **ICE** in circulation migrates to **WAGMI**), the unminted amount stands at:\ **4,761,000,000 – 1,374,657,813 = 3,386,342,187 WAGMI tokens.** ### Distribution of newly minted WAGMI: #### 1. Protocol Growth and Development (80%) * This portion (representing 80% of all new **WAGMI** tokens) is allocated to ensure protocol growth and development. * The uses include, but are not limited to: * Acquiring POL * Incentivizing leverage trading * Incentivizing GMI positions * Building a strategy insurance fund. #### 2. Operational Multisig (20%) * 20% of the newly minted **WAGMI** tokens are dispatched to an operational multisig. * This fund controls the tokens to ensure the smooth running of protocol operations. The uses include, but are not limited to: * Salaries * Legal fund * Treasury building * Grants * Financing audits ### Control of POL POL will be managed via the main multisig on each chain. Any transactions on this multisig can only commence after a snapshot vote, accompanied by a detailed description outlining the purpose and reasoning behind the intended action. ### Inflation and Rewards * The inflation rate isn’t fixed. The protocol’s objective is to attain deflation as swiftly as possible. * Rewards are designed to offer a competitive APR for user liquidity. * These parameters are determined by various factors, including: * Target liquidity depth * Utilization rate * APR * Marketing requirements # GMI GMI overview page ## **What is GMI?** GMI is a pool that contains multiple "multi-pools." Each multi-pool is made up of three V3 pools with the following fee tiers: 0.05%, 0.3%, and 1%. You can acquire GMI using any WLP token that is supported by GMI. By holding GMI, you can earn fees from all the multi-pools within the GMI ecosystem. ### **Why Consider GMI?** Think of GMI as an excellent tool for diversification. With GMI, there's no need to worry about losses, whether they are permanent or impermanent; they simply don't exist. Profits generated from all multi-pools within GMI are distributed among GMI holders in proportion to each holder's share of GMI. **Important Note** Please be aware that GMI tokens cannot be transferred between wallets. ## **How to Get GMI** *** ### Step One: Acquire WLP 1. Visit wagmi.com and click on the "GMI" tab, then scroll down. 2. You will see a list of strategies supported by GMI. Here are some key terms: * **TVL**: Total Value Locked within a multi-pool * **Max Cap**: Required liquidity depth * **Percentage Field**: The difference between TVL and Max Cap * **Premium**: The WAGMI premium currently promised for the multi-pool’s WLP Before selecting your desired multi-pool, carefully analyze the above data. Detailed information on how to work with strategies can be found [here](/wagmi-1/strategies/joining-the-strategy).

Strategies supported by GMI

*** ### Step Two: Join GMI 1. Once you have a WLP token from a strategy supported by GMI that you wish to exchange for GMI, head back to the "GMI" tab. **WAGMI + sWAGMI requiremet for entering GMI** **WAGMI + sWAGMI Ratio for GMI Entry** Currently, users combined **WAGMI** and **sWAGMI** (staked **WAGMI**) holdings need to meet the required threshold for joining the GMI. To qualify, the sum of your **WAGMI** and **sWAGMI** must be at least 25% of the **WAGMI** amount that is reserved for your GMI position.
In case of not meeting the threshold - **Additional WAGMI or sWAGMI is needed for Entry** To proceed with your intended wLP (Wrapped Liquidity Position), you need to acquire an additional **WAGMI**. This will elevate your combined **WAGMI** + **sWAGMI** holdings to the necessary level for GMI participation. 2. Here you will see exactly how many GMI tokens you will receive in exchange for your WLP. Additionally, you'll see the following: * **WAGMI Reserved**: The quantity of WAGMI tokens you will receive in exchange for GMI * **Premium Locked**: The premium percentage is calculated based on your choice of WLP, and the resulting premium is then added to your WAGMI balance. * **Actual APR**: The annual percentage rate, considering GMI share recalculation dynamics. * **Initial APR**: The initial annual percentage rate.

Joining GMI pool

**Note**: By exchanging your WLP tokens for GMI, you transfer ownership of the WLP tokens. In return, you become a GMI holder and start earning fees from all multi-pools supported by GMI. When GMI holders close their liquidity farming positions, they exchange their GMI tokens for WAGMI tokens. The amount of WAGMI tokens available for exchange is a fixed quantity, determined at the time of acquiring GMI.

Transfering ownership fo the WLP tokens

*** ### Step Three: Manage Your Position 1. **Navigate to the Dashboard**: Once you have acquired GMI, head over to the "Dashboard" tab and click on the GMI card.
1. **On the GMI Page, you can find the following information:** * **GMI Balance and Share**: When someone exits from GMI, 50% of their vested GMI is distributed among all current GMI holders. This increases each holder's share of GMI, thereby boosting profits. * **Locked WAGMI Amount Available for Vesting**: This shows the amount of WAGMI that you can vest. * **Current Max Premium to Enter**: Remember from the first screenshot in this document, users who enter GMI not only reserve WAGMI tokens for vesting but also receive a premium (a percentage of WAGMI reserved). Different multi-pools promise varying premiums depending on their liquidity. * **Liquidity Indicator**: The liquidity percentage field (the difference between multi-pool TVL and its Max Cap) serves as an indicator. * If the Percentage Field is 50% or less, users can enter GMI using the multi-pool WLP with a 20% premium. * If the Percentage Field is 90% or more, the premium drops to 0 since the multi-pool is almost full. * **Track Your Earnings**: In the middle panel, you can track fees that you have earned in every token from all multi-pools supported by GMI. These can be found on the right side of the panel. * **Claim Tokens**: By clicking on "Claim," you can open a pop-up where you can choose which tokens you would like to claim.

Claiming fees

# Vesting Vesting into WAGMI As a GMI holder, you can vest your GMI tokens into WAGMI at any time. To do this, click the "GET WAGMI" button on the GMI page, which will navigate you to the Vesting page.
Here, you have the option to swap your GMI tokens for WAGMI tokens.
**Steps:** 1. **Choose the Amount**: Select the amount of GMI you wish to swap. 2. **Calculation**: The amount of WAGMI you will receive is calculated as a percentage based on your position balance. For example, if you have 200 GMI and 1000 locked WAGMI: * Swapping 100 GMI (which is 50% of your GMI balance) will give you 500 WAGMI (50% of your locked WAGMI). **Note:** If you decide that you're not going to make it (NGMI), please be fully aware of the implications before proceeding.
*** If you exit early, you will lose all WAGMI tokens that have not yet vested. If the vesting period is completely over, you can claim all WAGMI tokens without any losses.
# Strategies ## **What is Strategy?** Strategies from **WAGMI** act as a multipool that combines three different V3 pools into one. These pools vary in fee tiers, which are as follows: **0.05%, 0.3%, and 1%.** Liquidity provided to this multipool is distributed among all three V3 pools based on a strategy chosen by the **WAGMI** protocol. **WAGMI** leverages historical data and analytics to configure liquidity allocation and price ranges across all fee tiers. This is done to maximize the profitability, efficiency, and safety of the liquidity position. A strategy can be considered a form of liquidity management that **WAGMI** oversees. You don't need to wonder which pool is currently providing higher yields while keeping your funds secure. Our strategy ensures that price ranges in all pools are carefully selected, along with thoughtful diversification among them. Furthermore, **WAGMI** is continuously monitoring strategies and analyzing current market conditions. This enables an auto-rebalance mechanism to adjust strategy settings in a way that ensures higher rewards at all times, regardless of market shifts. Your position will always be within a set price range. Any losses that may occur due to rebalancing will be fully compensated with **WAGMI** tokens. The protocol charges a 20% fee for managing strategies. #### # Joining the Strategy #### How to Join a Strategy? To join a strategy, users need to possess two tokens that are a part of the desired pool. For instance, to participate in the ATOM/KAVA strategy, users should have both ATOM and KAVA tokens. It's essential to note that the ratio of tokens entering the pool usually doesn't maintain a 50:50 balance like in standard AMMs. This ratio is dynamic and changes with every trade based on our strategy. **Steps to Join:** 1. Input the amount of your chosen `token0` you wish to contribute. Taking our example, let's assume it's 100 ATOM. 2. The system will then calculate the required amount of `token1`, contingent upon the amount of `token0` you plan to contribute.

Joinging the WLP position.

3. Detailed pool ratios and allocations can be found under the "Open position/Join" button. In our instance: * 50% of the deposited liquidity will be allocated to the 0.05% pool. * 20% of the deposited liquidity will be directed to the 0.3% pool - Left side. * 20% of the deposited liquidity will be channeled to the 0.3% pool - Right side. * 5% of the deposited liquidity will be allotted to the 1% pool - Left side. * 5% of the deposited liquidity will be assigned to the 1% pool - Right side.
4. After joining the strategy with WLP, user gets 2 options: Stake WLP or join GMI.

Popup after joining the WLP supported by strategies.

In option 1 - Stake - another popup will occur for user to approve and stake the desired WLP amount.

Staking the WLP.

Once you staked your WLP tokens, your position will appear under Your staked positions.

Your staked positions

**Difference Between Strategy and Staked Strategy** If you opt to stake your WLP within our strategy, it offers the benefit of enhanced value tracking. In the default strategy, users can merely observe the value growth of their WLP. However, in the staked strategy, users can view the exact number of tokens accrued as the liquidity remains staked. Should you wish to participate in GMI using your WLP tokens, it's necessary first to unstake your WLP. Furthermore, staked strategies provide the advantage of eliminating impermanent losses. During times of significant market volatility, the Wagmi protocol commits to compensating any losses that may arise during rebalancing. The amount repaid is presented in WAGMI tokens, situated above the "claim fees" button. However, remember, if your strategy remains unstaked, you forfeit the right to any reimbursements in Wagmi tokens. *** #### Fee Structure Wagmi protocol imposes a 20% fee for utilizing our strategies. # V3 liquidity pools ## Version 3 Liquidity Pools in WAGMI ### Introduction The V3 liquidity pools brings innovation that enhances the experience for liquidity providers (LPs) and traders. Key improvements include concentrated liquidity and multiple fee tiers. These changes collectively offer LPs unprecedented control, capital efficiency, and risk management capabilities. ### Key Features #### Concentrated Liquidity Concentrated liquidity fundamentally changes the way liquidity providers can participate in the pool. Instead of providing liquidity across the entire price spectrum, LPs can choose specific price ranges where their capital will be used. These individual positions, customized for each LP, are then aggregated to create a single, unified curve that traders interact with. **Benefits:** * **Granular Control**: LPs can target their liquidity provision to particular price ranges where they expect more trading activity. * **Capital Efficiency**: The concentrated nature allows for up to 4000x more capital efficiency compared to Version 2, meaning LPs can earn more from their deployed capital. #### Multiple Fee Tiers V3 pools introduce the concept of multiple fee tiers, which allow LPs to earn different rates based on the perceived risk associated with their chosen pool and price range. **Benefits:** * **Risk Compensation**: Different assets and price ranges carry various levels of risk. Multiple fee tiers allow LPs to be compensated accordingly. ### Advantages of V3 Pools #### Unmatched Capital Efficiency The system design enables liquidity providers to deploy their capital with remarkable efficiency. This translates to: * **Higher Returns**: More targeted capital means higher returns for liquidity providers. * **Low Slippage**: The capital efficiency enables low-slippage trades that can rival or even outperform centralized exchanges and stablecoin-focused Automated Market Makers (AMMs). #### Enhanced Exposure and Risk Management The design innovations also permit LPs to increase their exposure to assets they are bullish on, while minimizing their downside risk. This customization results in: * **Tailored Risk Profile**: LPs can focus on their preferred assets. * **Smarter Asset Allocation**: LPs can strategically decide where to place their capital to maximize returns and minimize risks. #### Innovative Trading Strategies By adding liquidity to price ranges entirely above or below the current market price, LPs can essentially create fee-earning limit orders. These limit orders execute along a smooth curve, enabling: * **Optimized Trading**: More opportunities for traders to interact with the liquidity pool. * **Strategic Liquidity Provision**: LPs can use their market predictions to earn fees by facilitating trades within their chosen price range. ### Conclusion The V3 update to decentralized liquidity pools brings about a transformative change in how both liquidity providers and traders interact with the protocol. With features like concentrated liquidity and multiple fee tiers, it offers unparalleled capital efficiency, control, and flexibility, making it the most advanced AMM model to date. # sWAGMI - staking WAGMI Process of staking WAGMI into sWAGMI **Staking WAGMI Tokens** Users have the ability to stake their **WAGMI** tokens to receive **sWAGMI**. The **sWAGMI** token represents a staked version of **WAGMI**. **sWAGMI** token contract address on Kava EVM is: 0x3690d1a9fb569c21372f8091527ab44f1dc9630f * **Network Compatibility:** **WAGMI** can only be staked on the Kava EVM Network. * **Benefits of Staking WAGMI:** * Holders of **sWAGMI** are eligible for a share of the fee distributions from the Wagmi protocol. * Protocol takes 20% performance fee which is then distributed to **sWAGMI** holders. * **Unstaking:** When you unstake **sWAGMI**, you will receive all your initially deposited WAGMI in addition to any accumulated fees. * **Note:** There is a 24-hour time lock on deposits to mitigate the risks associated with front running. **How does staking work?** The staking mechanism for **WAGMI** token is both straightforward and user-friendly. **1. Depositing into the Pool:** * Users deposit **WAGMI** tokens into the **sWAGMI-Pool**.
**2. Receiving Tokens:** * As an acknowledgment of their deposit, users receive **sWAGMI** tokens in their wallets. * These **sWAGMI** tokens represent the share of the **sWAGMI-Pool** owned by the depositor. **3. Fee Collection and Usage:** * Fees are garnered from the protocol. These are used to market purchase **WAGMI** tokens. Later on, these tokens are deposited back into the **sWAGMI-Pool**. **4. Unstaking Process:** * When users choose to unstake, they secure their share from the **sWAGMI-Pool**. This share consists of the originally staked **WAGMI** tokens as well as any additional fee shares. **5. Important Notes on Token Quantity:** * The amount of **sWAGMI** tokens users get from staking might differ from the **WAGMI** token quantity they deposited. As the pool grows from fees, 1 **sWAGMI** token's value will surpass that of 1 **WAGMI** token. **6. Return Rates:** * Returns from **sWAGMI** are variable. They rely on the core performance of the protocol's offerings. Thus, any displayed APR is an approximation based on historical performance. # How to get to Kava EVM Guide on transferring tokens to Kava EVM ## Using Kava with MetaMask ### Step 1: Add the Kava Network to Your MetaMask To add the Kava Network to MetaMask, use the following details: * Network Name: Kava * New RPC URL: * Chain ID: 2222 * Currency Symbol: KAVA * Explorer URL: ### Step 2: Connect Your MetaMask Wallet 1. Navigate to[ Kava App Balances](https://app.kava.io/balances) and connect your MetaMask wallet. 2. Once connected, you will see two addresses: First Address: This is your Kava EVM address, which is the same as on any other EVM chain like ETH Mainnet, Arbitrum, Optimism, etc. Second Address: This is your Kava-specific address, connected to your EVM address. When you send Kava tokens to this address (starting with "kava196cd..."), they will also appear in your MetaMask wallet.
### Step 3: Purchase and Withdraw KAVA from CEX 1. Go to your favorite CEX 2. Buy some KAVA tokens. 3. Whitelist your Kava address on your CEX 4. Withdraw the tokens to your wallet, making sure to leave the memo field blank. Note: Always withdraw tokens to the address that starts with "kava"; for example, "kava196..." Congratulations, you now have Kava tokens on the Kava EVM chain! ## Migrating ATOM to Kava using Keplr ### Step 1: Install the Keplr Wallet 1. Download the official[ Keplr wallet](https://www.keplr.app/). 2. Install the browser extension. 3. Set up your Keplr wallet and make sure to write down your recovery phrases and store them in a secure location. 4. Pin the extension to your browser and select Cosmos from the dropdown menu to view your wallet balance. Your ATOM wallet address will start with "cosmos", e.g., "cosmos1mcxetzvqytz8thhjw4sld0h5f24j88893uf7hp."
### Step 2: Purchase and Withdraw ATOM from CEX 1. Go to[ Binance.com](https://binance.com/). 2. Buy some ATOM tokens. 3. Whitelist your ATOM address on Binance. 4. Withdraw the tokens to your Keplr wallet, making sure to leave the memo field blank. 5. Once the withdrawal is complete, you will see your new ATOM balance in the Keplr wallet. ### Step 3: Connect Keplr to Kava 1. Navigate to[ Kava App Balances](https://app.kava.io/balances). 2. Connect your Keplr wallet. 3. You should now see your ATOM balance in the Keplr wallet. ### Step 4: Send ATOM to Kava 1. In Keplr, find the ATOM token and click "Send." 2. Choose "IBC Send" and find Kava in the list. 3. Ensure you leave a small amount of ATOM tokens in your Cosmos hub for future gas fees.

# Contracts Complete list of smart contracts with corresponding addresses **Wagmi** token contracts:
NetworkContractAddress
ethereumWAGMI0x92CC36D66e9d739D50673d1f27929a371FB83a67
bscWAGMI0xaf20f5f19698f1D19351028cd7103B63D30DE7d7
fantomWAGMI0xb1F795776cB9DdAC6E7e162f31C7419Dd3d48297
avalancheWAGMI0xaf20f5f19698f1D19351028cd7103B63D30DE7d7
polygonWAGMI0x07Ed33a242BD9C08CA3C198e01189e35265024Da
arbitrumWAGMI0xaf20f5f19698f1D19351028cd7103B63D30DE7d7
optimismWAGMI0xaf20f5f19698f1D19351028cd7103B63D30DE7d7
zksyncWAGMI0x3613AD277DF1d5935D41400A181Aa9ec1DC2Dc9e
kavaWAGMI0xaf20f5f19698f1D19351028cd7103B63D30DE7d7
**Dex** contracts: | Contract | Fantom(250) | KAVA(2222) | ETH(1) | zkSync(324) | | ---------------------------------- | ------------------------------------------ | ------------------------------------------ | ------------------------------------------ | ------------------------------------------ | | UniswapV3Factory | 0xaf20f5f19698f1D19351028cd7103B63D30DE7d7 | 0x0e0Ce4D450c705F8a0B6Dd9d5123e3df2787D16B | 0xB9a14EE1cd3417f3AcC988F61650895151abde24 | 0x31be61CE896e8770B21e7A1CAFA28402Dd701995 | | Multicall2 | 0x92CC36D66e9d739D50673d1f27929a371FB83a67 | 0x8112E18a34b63964388a3B2984037d6a2EFE5B8A | 0x8B741B0D79BE80E135C880F7583d427B4D41F015 | 0x1fCD733705ec1CF534dD19ecF627F013352e776F | | ProxyAdmin | 0x98FE5034f2eE6bE044CDbD857744C63Ad06532Ed | 0x576A1301B42942537d38FB147895fE83fB418fD4 | 0xB5fa77E3929fe198a86Aa40fd6c77886785bCd0e | 0xF51f558941D7f4d54e28d28BceA917762959391e | | TickLens | 0x209050d81Aad536Ca2092466B221013B8de7AC6c | 0xf914e1329e4588783Ee68f06B2b900adDC97f966 | 0xb1F795776cB9DdAC6E7e162f31C7419Dd3d48297 | 0x09Cbf436DE2273dAC3f0971fB905aCBe41b1CC81 | | Quoter | 0x45C16C1fFA23662636D4050Eac16eB7AD7cBe29A | 0x428065998a96F82bf66A0A427A157429A6Fdd649 | 0xE88b19885935B4Be8dCF38e2C96b8c73CfC9b6e2 | 0x17A172bB5fb2BAf48b6AfD90191cDAaeF8c9A003 | | SwapRouter | 0x56CFC796bC88C9c7e1b38C2b0aF9B7120B079aef | 0x2Dc123Ff6757fcEa46c025758E93bd8b98710cEA | 0x7301350CC76D669ea384e77aF38a70C61661CA48 | 0xA850bA2e99832699eD77f068129d0cE060a3722E | | NFTDescriptor | 0x828825f11C084c190344263Aefa8fB33A8308292 | 0x8Fb7a8cb6c4DCf820762397aDF80A27a777cFedC | 0x16b413526d062142eb9eDA9d75312cA9f2e418FD | 0x40701F439A4460C45607A8F75A0cA3cC6CBAf83d | | NonfungibleTokenPositionDescriptor | 0xcB5CbC71fd31101E1208D0Cde36Ca9846E7c9753 | 0x6372F4ACf0a1e54fB5C3F48137E970a3DF2d8dD8 | 0xAB719A8703352A1f05aA9C39AfA01A66d7F1bb51 | 0x35AA055f9563b1732e8E3552560366048be293D3 | | TransparentUpgradeableProxy | 0x877cDA22AF8191bB1758489d4d53d299Dc341b83 | 0x1e6EF5F8f589650b589e17Ab15bC4ba42ef59e8A | 0x08d6E1aE0f91423dDBD16f083ca39ccDd1D79cE8 | 0x23f48bbb9020D4757861D66a2040C4C56D733346 | | NonfungiblePositionManager | 0x5973C9E4cC849140cfd1c9dFc75D54D804B5a2fE | 0xa9aF508A15fc3B75763A9e536505FFE1F884D12C | 0xd74c1d4659D6CeF276CcB3792e69945E5C07fedB | 0xB2Bd4dB07731BA1517f3f43C4e8fe801F870B374 | | V3Migrator | 0x9282a6C62932431B127753C1CD2ac4F6cC4CFD49 | 0xA7E119Cf6c8f5Be29Ca82611752463f0fFcb1B02 | 0x6e892A58997FeaA7fb411274011978edFf30ab29 | 0x1787C3655fc4646dd25CEaf020536AA13830a926 | | QuoterV2 | 0x5dB68a533465040F5185e2771746AFed8CC4D14E | 0x8187808B163E7CBAcCc4D0A9B138AE6196ac1f72 | 0x66034b71A749E655feE0005C5496D5c0949590F0 | 0x1e034f92e6d071941B58Ca15368adb8b8EBA6AAD | | SwapRouter02 | 0x0834Cf32553B255c767957588936881Ad8089485 | 0xB9a14EE1cd3417f3AcC988F61650895151abde24 | 0xD8ac778DB70221AB635921460C6BF70cC6d65293 | 0x8F901D3c80e6f72b6Ca118076697608C18ee48fe | | UniswapInterfaceMulticall | 0xDb51CffFf3B989d0cB6b58AbF173371b6F2d0D24 | 0x8B741B0D79BE80E135C880F7583d427B4D41F015 | 0x4389Eed07A48656F2e36Aafe7703aB3E78e4955b | 0xFe32D6aA7708863Bf804EE65B489804317A5466c | # Providing liquidity Description of liquidity providing on WAGMI ### Introduction The central concept of **WAGMI** is focused liquidity, where liquidity is assigned within a specific price range. In traditional AMM exchanges, liquidity is spread evenly across the price curve from 0 to infinity. The uniform distribution allowed for trading across the entire price range (0, ∞) without liquidity loss. However, in numerous pools, a large portion of the liquidity remained unused. Take stablecoin pairs, for instance, where the relative price of the two assets remains fairly stable. The liquidity outside a stablecoin pair's typical price range is seldom used. In the v2 DAI/USDC pair, approximately 0.50% of the total available capital is utilized for trading between $0.99 and $1.01, the price range where LPs expect the highest volume and, subsequently, the most fees. **WAGMI** enables liquidity providers to concentrate their capital in narrower price ranges than (0, ∞). In a stablecoin/stablecoin pair, for example, an LP can allocate capital only to the 0.99 - 1.01 range. As a result, traders benefit from increased liquidity around the mid-price, and LPs earn more trading fees with their capital. We refer to liquidity concentrated within a limited range as a position. LPs can have multiple positions per pool, creating customized price curves that reflect each LP's preferences. ### Active Liquidity[​](https://docs.uniswap.org/concepts/protocol/concentrated-liquidity#active-liquidity) When an asset's price rises or falls, it may go beyond the price limits that LPs have established in a position. If the price exits a position's range, the position's liquidity becomes inactive and stops earning fees. As the price moves in one direction, LPs accumulate more of one asset while swappers demand the other, until the liquidity is entirely made up of a single asset. (In v2, this behavior is rare because LPs infrequently reach the upper or lower price bound of two assets, i.e., 0 and ∞). If the price reenters the range, the liquidity is reactivated, and in-range LPs resume earning fees. Notably, LPs can create as many positions as they want, each with its own price range. Concentrated liquidity serves as a tool that allows the market to determine a reasonable distribution of liquidity, as rational LPs are motivated to focus their liquidity while ensuring that it remains active. ### Ticks[​](https://docs.uniswap.org/concepts/protocol/concentrated-liquidity#ticks) To implement concentrated liquidity, the previously continuous price space spectrum has been divided using ticks. Ticks represent the borders between discrete areas in price space. They are spaced so that a 1-tick increase or decrease signifies a 0.01% change in price at any point in the price space. Ticks serve as boundaries for liquidity positions. When creating a position, the provider must select the lower and upper tick to represent their position's limits. As the spot price varies during swapping, the pool contract continuously exchanges the outgoing asset for the incoming one, progressively utilizing all available liquidity within the current tick interval1 until the next tick is reached. At this point, the contract transitions to a new tick and activates any inactive liquidity within a position that has a boundary at the newly active tick. Although each pool has the same number of underlying ticks, only a fraction of them can function as active ticks in practice. Due to the nature of the v3 smart contracts, tick spacing is directly related to the swap fee. Lower fee tiers permit closer potentially active ticks, while higher fees allow for a relatively broader spacing of potential active ticks. Inactive ticks do not affect transaction costs during swaps, but crossing an active tick does increase the cost of the transaction in which it is crossed, as the tick crossing activates the liquidity within any new positions using that tick as a border. In areas where capital efficiency is crucial, such as stablecoin pairs, narrower tick spacing enhances the granularity of liquidity provisioning and is likely to reduce price impact when swapping. This results in significantly improved prices for stablecoin swaps, where capital efficiency is of the utmost importance. By utilizing concentrated liquidity and ticks, **WAGMI** allows liquidity providers to optimize their capital allocation and earn more fees, while traders benefit from deeper liquidity and better pricing in their transactions. # Coinmarketcap Listing verification This is a proof that the Coinmarketcap listing request is legit and made by Wagmi project. The DEX listing request is submited on 24th of October, 2023. # Fees ### Swap Fees Swap fees are allocated proportionally to all liquidity within the range1 during the swap. When the spot price moves outside a position's range, the associated liquidity becomes inactive and ceases to generate fees. If the spot price reverses and reenters the position's range, the position's liquidity is reactivated and begins generating fees again. Swap fees are not automatically reinvested as in previous Uniswap versions. Instead, they are gathered separately from the pool and must be manually claimed when the owner decides to collect their fees. ### Pool Fees Tiers WAGMI introduces multiple pools for each token pair, with each pool having a distinct swapping fee. Liquidity providers can initially create pools at three fee levels: 0.05%, 0.30%, and 1%. Additional fee levels may be introduced by WAGMI governance. Previously, dividing pairs into separate pools was impractical due to liquidity fragmentation concerns. Any advantages gained by offering more fee options invariably led to a net loss for traders because of reduced pairwise liquidity and the resulting increase in price impact upon swapping. The implementation of concentrated liquidity separates total liquidity from price impact. With price impact concerns addressed, dividing pairs into multiple pools becomes a viable strategy for enhancing the functionality of a pool for assets that were underserved by the 0.30% swap fee. ### Finding The Right Pool Fee We expect that certain asset types will be drawn to specific fee tiers where the incentives for both swappers and liquidity providers are closely aligned. Low volatility assets, such as stablecoins, will likely gather in the lowest fee tier because the price risk for liquidity providers holding these assets is minimal, and swappers will aim to achieve an execution price as close to 1:1 as possible. Conversely, we anticipate that more exotic or infrequently traded assets will naturally gravitate towards a higher fee, as liquidity providers will want to offset the cost risk of holding these assets throughout their position's duration. ### Protocol Fees WAGMI includes a protocol fee that WAGMI governance can enable. # Governance Even in the absence of a token, governance will be conducted by the community. When the token becomes available, individuals will have the opportunity to participate in governance through the Snapshot page. By emphasizing community-driven initiatives, WAGMI aims to harness the collective wisdom of our diverse and global user base. We actively seek feedback and encourage participation in all aspects of our decision-making processes, ensuring that our products and services are tailored to the specific needs and desires of our community members. # Our Community Links These are our only official social media, everything else has to be considered as unofficial! **Popsicle Finance**'s ecosystem is a **rapidly changing** environment. In order to communicate with our community, we use different media. ### Twitter If you are interested in keeping up with the latest news, please follow our [**Twitter**](https://twitter.com/PopsicleFinance). ### Discord If you want to reach any of the team members or take part in the discussion about different topics you can do so on our [**Discord**](https://discord.gg/PXjQb4hTtT)**.** ### **Telegram** Join our telegram group here: