How do I participate in the FORCE Geyser?
Last updated
Last updated
The Force “Geyser” distributes Force tokens from the ecosystem fund to those who provide liquidity on SushiSwap. The more liquidity you provide, and for longer, the greater share of the Force pool you receive.
The Force pool in the Geyser unlocks gradually over time, and stakers receive shares over the unlocked Force. Stakers can redeem these earnings upon withdrawal.
Start Time: Friday, May 14th, at 8pm UTC
Duration: 12 weeks
Amount: 5 million Force
Bonus: Stake for 60 days to get 2x bonus
1. Deposit ETH and FORCE into SushiSwap
2. Receive SLP Tokens
3. Stake those SLP Tokens in the Force Geyser
4. View your position in the Force Geyser
Navigate to https://app.sushi.com and connect your wallet to contribute to the FORCE-ETH pool. You will need to approve the transacting of both of these assets if you have not previously done so.
You will now have the SLP tokens available in your wallet. This is the "receipt token" that represents your portion of the liquidity pool.
Navigate to http://forcedao.com/rewards to stake your SLP tokens.
You must first approve and then stake your SLP tokens.
You can now view your position in the geyser pool along with your earnings.
The Force Geyser is meant to incentivize long-term liquidity providers. While there are no lockups for staking, there is a benefit to keeping your staked position longer.
When you begin staking, you begin at a 1.33X bonus multiplier on your reward earnings. This multiplier increases throughout the staking period, to a maximum of 2X after two months (8 weeks).
The FORCE-ETH Sushi pool analytics can be found here:
https://analytics.sushi.com/pairs/0xb48e9b22dace65f6a2b409871e154b85f4ed8b80
The geyser solidity code and contract address can be found on etherscan:
FORCE earnings are claimed when you withdraw your position in the Geyser Vault.
