# SolidLizard veSLIZ

## How It Works

[SolidLizard](https://solidlizard.finance/) $SLIZ

* They have a 2.5X [Boost function](https://solidlizard.gitbook.io/solidlizard/how-to-use-the-boost-calculator) for their LP farms. If a user stakes $SLIZ as a veNFT, locking it for a period of time, they will receive Boosts on the LP farms they stake in.
* The larger the veNFT they have, the more they will be able to Boost the LP farms.

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### 1️⃣ autoCompunding vaults for Liquidity Pool farms

* These vaults collect $SLIZ emissions from the farm, and autoCompound them back into the LP, increasing the number of tokens in the LP
* The veNFT in the Liquid veSLIZ Vault (explained [below](https://github.com/acryptos/docs.acryptos.com/blob/master/acryptos-vaults/acryptos-vaults/liquid-wrapper-vaults/README.md#2-liquid-vesliz-vault-acssliz)) will Boost the APY for these vaults, up to 2.5X

Examples:

* User A forms a ETH-ARB LP, and farms it for 50% APR, manually harvesting the $SLIZ rewards every few days. User A has no Boosted rewards because he doesn't lock $SLIZ for any veSLIZ
* User B forms a ETH-ARB LP, and stakes in our ETH-ARB Vault. The $SLIZ rewards are autoCompounded few times a day, swapping $SLIZ to ETH and ARB, forming more ETH-ARB LP, and adding on to the original stake. User B gets 125% APR (2.5X Boosted rewards) even if he doesn't lock $SLIZ for veSLIZ.

TL/DR 👉Users can autoCompound their LP with Boosted rewards, without needing to lock $SLIZ to veSLIZ themselves.

### 2️⃣ Liquid veSLIZ Vault (acsSLIZ)

* Users stake their $SLIZ in the vault, getting a acsSLIZ receipt token, and get benefits as if they locked veSLIZ themselves (trading fees/bribes/rebases etc.). Our strategy then locks the $SLIZ for max period, getting max veSLIZ voting power.
* 50% of Boosted rewards from ALL our LP Vaults, are rewarded to acsSLIZ (veSLIZ Vault) holders
* This veSLIZ Vault allows users to withdraw $SLIZ at any time, where otherwise their veSLIZ would be locked for 4 years

*\*Note: Withdrawals are subject to available $SLIZ in the Vault Reserves. Reserves are constanly topped up from above-mentioned sources (bribes/Boost Rewards etc.). Vault Strategy is based on our Liquidizer Vault (one of our other unique strategies, more info* [*here*](https://github.com/acryptos/docs.acryptos.com/blob/master/acryptos-vaults/acryptos-vaults/liquidizer-vaults.md)*)*

TL/DR 👉 Users stake their $SLIZ, gets full locking benefits without locking, gets rewards APY from all our LP Vaults on SolidLizard

The more $SLIZ staked in the veSLIZ Vault, the higher the Boosted APY for the LP vaults↩️

The more the LP vaults gain TVL, the more rewards go to the veSLIZ Vault↩️

### 3️⃣ acsSLIZ-SLIZ LP vault

* Users can pair their acsSLIZ token (Liquid veSLIZ Vault receipt) with $SLIZ, forming an LP
* The voting power from the single-token veSLIZ Vault will be directed to the acsSLIZ-SLIZ LP farm *\*voting strategy might be adjusted after initial launch period, based on TVL and APY*
* Based on the weekly voting %, the farm receives $SLIZ emissions.
* Users can form the LP and stake in our acsSLIZ-SLIZ Vault, autoCompounding more of acsSLIZ-SLIZ
* This acsSLIZ-SLIZ LP provides another method for users to exit their acsSLIZ position back to $SLIZ

TL/DR 👉 Users get max APY by staking in Liquid veSLIZ Vault, then using the receipt acsSLIZ token to stake further in acsSLIZ-SLIZ Vault

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## Steps:

Investing in SLIZ-acsSLIZ Vault

1. Buy $SLIZ on <https://solidlizard.finance/swap>
2. Stake $SLIZ in our [veSLIZ Vault](https://app.acryptos.com/vaults/42161/0x16C4BA98623a1B05d35b9923fB00E9fE02D0B47f), and get acsSLIZ receipt token
3. Form SLIZ-acsSLIZ LP at <https://solidlizard.finance/liquidity>
4. Stake in our [SLIZ-acsSLIZ Vault](https://app.acryptos.com/vaults/42161/0x61A34758576D651643A90838f3eCF86e8680874D)

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### Additional Notes:

The above vaults can be used independent of each other.

Withdrawal fees: 0.1%