RainSPIRIT Holders
Listing the many benefits and use-cases of rainSPIRIT
Unlike any other winSPIRIT fork, rainSPIRIT holders receive both the revenue from SpiritSwap's protocol AND collect bribes as if they had voted for themselves. This means that rainSPIRIT is able to offer its holders some of the highest APRs of all the winSPIRIT tokens. Each week, rainSPIRIT holders simply decide which rewards they would like to receive and consequently place their rainSPIRIT in the corresponding location:
Staking Pool
Bribe Pools
RainSPIRIT-SPIRIT Farm
Staking Pool
Ola Finance uses the SPIRIT emissions allocated to inSPIRIT holders each week to purchase rainSPIRIT and distribute them to users in the Staking Pool. As some users prefer the bribe pools, those who remain in the staking pool will effectively receive a larger portion of the distributed rewards, thus increasing their APR. The staking pool runs continously.
Staking Pool: Deposit rainSPIRIT, Earn rainSPIRIT
Bribe Pools
Each week, bribe pools will be listed according to the bribes collected in the previous week. Ola determines the weekly pools and their distribution rate to ensure strong, consistent emissions. Rewards distribution for new bribe pools begins each week on Sunday at 9:00 UTC and lasts for 7 days. At the end of the reward distribution period, bribe pools are refilled or expire. Weekly updates on active pools can be found in the Ola Finance discord.
Bribe Pools: Deposit rainSPIRIT, Earn Bribe Token
RainSPIRIT-SPIRIT Farm
Users can provide liquidity to the rainSPIRIT-SPIRIT pair on SpiritSwap to earn a portion of the trading fees generated by the pair. In addition, users can farm additional rewards with the LP tokens received from providing liquidity.
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