Liquidity Farming

Liquidity farming or yield farming, is a decentralized finance mechanism that enables token holders to earn additional token rewards by contributing to a liquidity pool pair on a DEX. By adding liquidity to a token pair, participants are adding value by ensuring sufficient liquidity for token swaps, which in turn reduces token price volatility and results in healthier price movements.

When adding liquidity to a token pair, users receive LP tokens. LP tokens act as receipts that represent a liquidity provider's position in the liquidity pool. These LP tokens are required to remove liquidity from the pool when a participant chooses to do so.

LP tokens can be staked in a rewards pool, which allows users to earn yield in the form of token rewards for contributing liquidity to a token pair LP.

$GOF Liquidity Farming Program

GameOn Forge will utilize a robust, high rewards liquidity farming program to help support $GOF token price stability throughout the first 10 months following the listing on public exchanges

6 400 000 $GOF tokens will be allocated to the $GOF Liquidity Farming Program.

The program is designed not only to incentivize LP support but also to enable participants to build their $GOF token holdings, which in turn can increase their allocation for token sales on the GameOn Forge Launchpad.

Users will be able to add liquidity to the $GOF/$USDT liquidity pool on the specified DEX, and then stake the LP tokens on the GameOn Forge staking dashboard to earn rewards.

Rewards emissions are structured on a monthly epoch and are designed to reduce as the program progresses, and the $GOF token and platform gain users and recognition in the market.

Liquidity farming rewards distribution will be as follows:

Month 1: 1 000 000 $GOF

Month 2: 1 000 000 $GOF

Month 3: 1 000 000 $GOF

Month 4: 700 000 $GOF

Month 5: 700 000 $GOF

Month 6: 400 000 $GOF

Month 7: 400 000 $GOF

Month 8: 400 000 $GOF

Month 9: 400 000 $GOF

Month 10: 400 000 $GOF