Staking & Farming
Earn ENNI through liquidity farming and earn protocol revenue by staking ENNI in the Rewards Vault.
Rewards Vault (ENNI Staking)
Deposit ENNI into the Rewards Vault to earn protocol revenue. The vault stakes your ENNI in MasterChef on your behalf and distributes three reward tokens:
| Reward | Source |
|---|---|
| ENNI | MasterChef farming emissions (auto-compounded) |
| WETH | CDP liquidation donations (3% of seized collateral from all markets) |
| enUSD | Direct Swap redemption fees (0.5% of redeemed enUSD) |
Note that enCHF redemption fees are burned, not donated. So the vault receives WETH from both markets but only enUSD from Direct Swap.
Deposit and withdraw at any time. No lock, no cooldown, no withdrawal fee. Depositing and withdrawing auto-claims your pending rewards.
Farming (MasterChef)
ENNI is distributed to liquidity providers through MasterChef over 30 years. Up to 8 pools can exist, each with an allocation weight that determines its share of emissions.
Rewards are distributed per second based on the emission schedule. You earn proportionally to your share of the pool.
MasterChef supports depositFor() for router and zap integrations, and emergencyWithdraw() which returns your LP tokens but forfeits unclaimed rewards.
Parameters
| Value | |
|---|---|
| Max pools | 8 |
| Max ENNI mintable by MasterChef | 20,000,000 |
| Vault share ratio | 1:1 (shares equal ENNI deposited) |
| Vault reward tokens | 3 (ENNI, WETH, enUSD) |