LP Rewards

Welcome to the RedPill LP!

By participating in our Liquidity Pool (LP), you can earn rewards primarily from Uniswap trading fee dividends and Pill Points.

Pill Points qualify users for a Pill token airdrop and IDO allocation based on their accumulated points. Join us in the RedPill LP to maximize your earnings and take part in exciting opportunities within the RedPill ecosystem.

Calculation of Pill Points

The distribution of Pill Points is calculated on an hourly basis, aggregating several rewards to determine the total Pill Points earned by users each hour. The calculation is as follows:

Total Pill reward = Base Rewards (R1) + Referral Reward (R2)

Please note that currently, within the RedPill ecosystem, Pill Points are exchanged at a rate of 1 Pill Point = 0.5 USD. However, this does not represent the actual price of the token once it is officially issued.

Where,

Base Rewards (R1)

R1 = D × BaseRate, where

D = The USD value of your added wGPT-USDC pair at the current exchange rate.

Note: Default BaseRate = Earn 0.0002 Pill Points/ USD / hr

Rewards may vary each season with different rules to reward community users. The BaseRate can be boosted (e.g., 2x, 5x) during these periods. Stay updated with the current season’s activity information for actual reward rates.

Referral Reward(R2)

R2 = (Z × BaseRate) × 10%, where

Z = The USD value of wGPT-USDC pairs added by your referrals within an hour.

Only applies to users who registered with your invite code, up to 5 invites. More slots will open in the future.

Points to Note

• The APR displayed on the interface is calculated with 1 Pill Point = 0.5 USD, but this does not reflect the future actual token price.

• Rewards are distributed hourly based on snapshots, which calculate the proportion of time your liquidity was added relative to the snapshot time.

• Unclaimed Pill Points rewards will expire at the end of next season