Spheorid Farming Model on the Uniswap Platform
1. A user adds liquidity to the SPH-ETH pool on Uniswap.
2. A user receives income daily: in SPH and in ETH
3. A user at any time and at his own expense can make a Claim of the accumulated farming (the first Claim can be made 7 days after the start of farming).
4. Farming profitability is shown on the farming page in % APY (Annual Percentage Yield), it is also shown:
- SPH daily earnings
- ETH daily earnings
- total earned amount of SPH and ETH since the beginning of farming
5. The APY for SPH will differ from the APY for ETH and both APYs will change in real time.
6. APY will change depending on the market situation (it affects: the SPH rate, the number of liquidity providers in the pool, the size of the pool, the size of the premium that we allocate to Farmers).
7. Farming has 2 Eras:
- Construction Era: The Era where we create an ecosystem
- Adoption Era: The Era where we bring products to the market
8. Within the Construction Era, we distinguish four Epochs, which follows one another.
9. When one Epoch has ended, the next Epoch begins, a return to the previous Epoch is impossible. Same works for Eras.
10. Each Epoch has product goals and pool goals, the achievement of which switches the Epoch.
11. Each Epoch has SPH sale rule. Spheroid Universe sells SPH to the pool when SPH rate is equal to Epoch’s SPH selling rate or higher.
12. When Spheroid Universe sells SPH to the pool, the ETH obtained is split into 2 parts:
- One part of ETH (50-70% depending on the Farming Epoch) goes back to the Uniswap pool and is paired with SPH, so the pool grows and the next Epoch comes closer.
- The other part of ETH (30-50% depending on the Farming Epoch) forms the ETH reward, which is distributed to Farmers in the Epoch. Epoch 1
Product goal: XR Hub Release
Pool goal: 10 000 000 SPH
Spheroid Universe sells SPH to the pool when SPH rate is $0,20 or higher. The ETH obtained is split into 2 parts:
- 50% forms the ETH reward, which is distributed to Farmers in the Epoch.
- 50% goes back to the Uniswap pool and is paired with SPH, so the pool grows and the next Epoch comes closer
What is the XR Hub?
XR Hub is an integrated mobile app in the Spheroid Universe ecosystem. It is a lightweight, powerful and efficient mobile app that can run other applications within itself. Apps that run within the XR Hub can function independently or expand the functions and capabilities of the XR Hub itself. Epoch 2
Product goal: Spheroid.Earth
Pool goal: 25 000 000 SPH
Spheroid Universe sells SPH to the pool when SPH rate is $0,36 or higher. The ETH obtained is split into 2 parts:
- 40% forms the ETH reward, which is distributed to Farmers in the Epoch.
- 60% goes back to the Uniswap pool and is paired with SPH, so the pool grows and the next Epoch comes closer
What is Spheroid.Earth?
Community-based project for creating a digital copy of Earth. Photo data collected by users are processed using AI and computer vision methods to form a digital 3D map of the surroundings. This 3D map is linked to Spaces.
Spheroid.Earth works with XR ADS Service, which allows remote placement of advertising content on Spaces and opens up the possibility of Space monetization for their owners. Epoch 3
Product goal: New Marketplace
Pool goal: 50 000 000 SPH
Spheroid Universe sells SPH to the pool when SPH rate is $0,60 or higher. The ETH obtained is split into 2 parts:
- 35% forms the ETH reward, which is distributed to Farmers in the Epoch.
- 65% goes back to the Uniswap pool and is paired with SPH, so the pool grows and the next Epoch comes closer
New Marketplace
A new marketplace with an updated design and new features. It will allow Space owners to interact with advertisers, view and manage Spheroid.Earth data, participate in voting using the Space and SPH governance functions. Epoch 4
Product goal: XR ADS Service
Pool goal: 90 000 000 SPH
Spheroid Universe sells SPH to the pool when SPH rate is $0,88 or higher. The ETH obtained is split into 2 parts:
- 30% forms the ETH reward, which is distributed to Farmers in the Epoch.
- 70% goes back to the Uniswap pool and is paired with SPH, so the pool grows and the next Epoch comes closer
XR ADS Service
With the XR ADS Service, users from anywhere in the world will be able to post XR content on your Space, customize user interaction parameters and pay for it. For best results, XR ADS Service uses data collected by users through the Spheroid.Earth program.
We expect to Complete Construction Era within 180 days
