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yield-farming

Fan Token Yield Farming via FanX​

Here are the latest insights into FanX integration with Fanify, including on-chain metrics and yield data:


πŸ“Š Key Metrics (Chiliz Chain & FanX)​

  • Chiliz Chain Total Value Locked (TVL): Approximately 6.57millionβˆ—βˆ—,withFanXprotocolcontributingaboutβˆ—βˆ—6.57 million**, with FanX protocol contributing about **5.82 million to this figure ([defillama.com][1], [defillama.com][2]).

  • APR/Yield Rates: FanX currently offers incredibly high APRs, with some pools advertising up to 4,781.29%, though yields may vary based on the specific team’s performance and pool liquidity ([x.com][3]).


βœ… Yield Farming Flow & Benefits​

When users stake Fan Tokens for a season:

  1. Liquidity Provisioning: Fan tokens are deposited into FanX’s liquidity pools, pairing with stable or native assets.

  2. Reward Accrual: Stakers earn:

    • A share of transaction fees from trades in the pool.
    • Additional incentives and bonus yields from FanX, often boosted for high-profile teams.
  3. Token Multiplication: At the end of the season, users unstake and receive:

    • Their original Fan Token stake.
    • Yield-generated rewards, increasing their total balance.
  4. Risk Consideration: All earned yield and original stake are **only accessible if HYPEremainspositiveβˆ—βˆ—.LosingallHYPE remains positive**. Losing all HYPE in bets renders the farmed tokens unrecoverable.


πŸ” Summary Table​

MetricValue
Chiliz Chain TVL~$6.57β€―M
FanX Protocol TVL~$5.82β€―M
Max Reported APR~4,781%
Reward TypesTrading fees + performance bonus
Season-End SwapEarned tokens + original stake
Risk$HYPE depletion β†’ lose rewards

πŸ“Œ Why It Matters​

This integration allows:

  • DeFi-style passive income for Fan Token holders through FanX.
  • Higher yields tied to team popularity and performance.
  • Strong TVL support, proving user trust and protocol scale.