🧚‍♀️Fairy Haven

What is Fairy Haven?

Fairy Haven is a token incentivizing pool where users can deposit PAN to earn oUSDT

Lock up in Fairy Haven

PAN can be locked for certain duration for additional yield rewards.

  • The lock duration can be from 3 to 28 days

  • When a deposit is made, it can't be withdrawn before the end of the lock duration

  • Once the lock duration has been completed, a user can either:

    • withdraw his PAN

    • relock his PAN for the duration of its choice

  • Rewards can be harvested at any time

If you plan to deposit additional PAN in Fairy Haven, you should set the new lockup duration more than the former lockup duration.

Example) If you set the lockup duration to 10days and want to deposit more of your fund, you should set the new lockup period from 10 to 28days (More than 10days). Withdraw time will be reset to the final lockup duration end time.

USDT deposited as a reward in Fairy Haven will be paid out for 28 days from the date of deposit.

Lockup Deposit Q&A

Why should I lock my deposit? You are free to lock your deposits or not. By locking your deposits you will get additional bonus rewards according to the duration of the lock (between 6% and 100% depending on whether you lock for 1 or 28 days).

What is the best strategy? It’s up to you, we have provided two lock slots that allow you to adopt several strategies.

If I have a locked deposit, are my rewards locked too? Your regular rewards and bonus rewards are not locked, you can harvest them whenever you want.

When will I be able to withdraw my deposit? If it's a regular deposit you can withdraw it whenever you want. If it's a locked deposit it will depend on how much time is left but it can't be more than 28 days. Can I renew my locked deposit whenever I want? Yes, the only constraint is that you must renew it for at least the same duration.

Where do the bonus rewards of lock deposits come from ? The time locked LP deposit is simply treated as a larger deposit for calculating your fair share of the available rewards for that pool. For instance, if you deposit $1,000 into the pool during 28 days, your loyalty and commitment will be treated like a $2,000 deposit.

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