NFP V3 Garden

Flor Garden has designed an innovative approach to creating V3 liquidity. The design uses a Non Fungible Position (NFP) contract to streamline the process of managing and creating a V3 FLOR/YES liquidity position owned by the protocol.

When users bond YES, the NFP contract automatically converts a portion of these YES bonds into FLOR/YES liquidity, while also maintaining some YES reserves. For instance, if a user bonds 100 YES, the allocation is as follows:

  • 50% YES directly to treasury to add to reserves

  • 25% YES swapped for FLOR to the NFP contract

  • 25% of the YES to the NFP contract, which is then paired with the above swapped FLOR to add to the FLOR/YES liquidity position managed further growing protocol owned FLOR/YES

At launch the NFP contract will follow the example above, but can always adjust what percentage will go towards reserve assets and the LP.

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