yield-farming
Fan Token Yield Farming via FanXβ
Here are the latest insights into FanX integration with Fanify, including on-chain metrics and yield data:
π Key Metrics (Chiliz Chain & FanX)β
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Chiliz Chain Total Value Locked (TVL): Approximately 5.82 million to this figure ([defillama.com][1], [defillama.com][2]).
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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 teamβs performance and pool liquidity ([x.com][3]).
β Yield Farming Flow & Benefitsβ
When users stake Fan Tokens for a season:
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Liquidity Provisioning: Fan tokens are deposited into FanXβs liquidity pools, pairing with stable or native assets.
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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.
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Token Multiplication: At the end of the season, users unstake and receive:
- Their original Fan Token stake.
- Yield-generated rewards, increasing their total balance.
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Risk Consideration: All earned yield and original stake are **only accessible if HYPE in bets renders the farmed tokens unrecoverable.
π Summary Tableβ
Metric | Value |
---|---|
Chiliz Chain TVL | ~$6.57β―M |
FanX Protocol TVL | ~$5.82β―M |
Max Reported APR | ~4,781% |
Reward Types | Trading fees + performance bonus |
Season-End Swap | Earned tokens + original stake |
Risk | $HYPE depletion β lose rewards |
π Why It Mattersβ
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.