Infinity Vaults: A New Dimension

“Infinity is that which is boundless, endless, or larger than any number.”

We’re excited to announce that Infinity Vaults are now live on Planet.
The entire community has contributed ideas and energy to make Infinity Vaults a reality.

Infinity Vaults align protocol incentives in a few key ways:

  • Boosted voting power for AQUA stakers
  • Driving more protocol value to long-term stakers of AQUA & GAMMA
  • Auto-compounded GAMMA rewards
  • Withdraw fees are driven to stakers, towards burning AQUA & the GAMMA reserve

Driving value to long-term holders, for infinity…

Content Overview:

A. What are Infinity Vaults?
B. What are gTokens?
C. How Do Infinity Vaults benefit the protocol?
D. Does GAMMA in the Infinity Vault count for my discount level?
E. How to get gTokens (gAQUA or gGAMMA)
F. gAQUA Infinity Vault
G. gGAMMA Infinity Vault
H. How to Stake
I. How to Unstake
J. How to Instant Unstake
K. Fee Overview

— — —

A. What are Infinity Vaults?

Infinity vaults are time-locked vaults designed to drastically reduce the floating supply of AQUA & GAMMA, while driving voting influence and protocol value towards long-term stakers.

Infinity Vaults allow you to earn GAMMA rewards from Green Planet as well as GAMMA distributed from the farm! In addition to this, you will earn AQUA or GAMMA when others withdraw from the infinity vaults. 50% of their withdraw fee is paid directly to infinity vault stakers. This is how infinity vault stakers are able to earn more than those who choose not to stake their gTokens in infinity vaults.

All GAMMA earned in the GAMMA infinity vault is auto-compounded for you. GAMMA earned by AQUA infinity stakers can be one-click staked into the GAMMA infinity vault (for zero fee).

B. What are gTokens?

gTokens are essentially receipts that you receive for your deposited funds. It’s the way the protocol knows who has what. When someone goes back to withdraw their funds, their gTokens are burned during that process. If you were to transfer your gTokens to another address or someone else, you are essentially giving away the right to withdraw what you’ve supplied to Green Planet. So, keeping that in mind, make sure to handle your gTokens safely.

C. How do Infinity Vaults benefit the protocol?

  • Drive more value to long-term holders
  • Increased voting power for those locking their AQUA in the infinity vault
  • Drastically reduce the “floating supply” of AQUA & GAMMA
  • Increase the AQUA burn rate
  • Increase the rate in which GAMMA is added to the reserve for redistribution

D. Does GAMMA (gGAMMA) in the Infinity Vault count for my discount level?

Yes, any gGAMMA deposited in Infinity Vaults, will still count towards calculating your discount level.

E. How to get gTokens (gAQUA or gGAMMA)

To use infinity vaults you first need to supply AQUA or GAMMA to their single asset vaults on Blue Planet, or directly on Green Planet (they’re the same in case you didn’t know). Once you do, you will receive either gAQUA or gGAMMA as a receipt for your deposit. Then you can go to the Vaults page, and stake your gTokens into the infinity vaults.

You can find infinity vaults here: https://app.planet.finance/

— — —

F. gAQUA Infinity Vault

  • 5X Voting Power
  • Earn More GAMMA
  • 21 Days To Unstake
  • Deposit Fee: 0.1%
  • Standard Unstake Fee: 1%
  • Instant Unstake: 5%
  • Fee Breakdown: 50% Gets Burned & 50% To Infinity Stakers
  • GAMMA earned can be one-click staked into the gGAMMA Infinity Vault to auto-compound your rewards

gAQUA Address: 0xb7eD4A5AF620B52022fb26035C565277035d4FD7

AQUA Infinity Vault: 0x6E7a174836b2Df12599ecB2Dc64C1F9e1576aC45

The APY shown on the AQUA Infinity Vault includes the APY earned from supplying AQUA on Green Planet. AQUA earned from others paying withdraw fees will be auto-compounded for you. As you earn GAMMA it can be one-click staked to the GAMMA Infinity Vault.

G. gGAMMA Infinity Vault

  • Auto-Compounding
  • Earn More GAMMA
  • 21 Days To Unstake
  • Deposit Fee: 0.1%
  • Standard Unstake Fee: 1%
  • Instant Unstake: 5%
  • Performance Fee: 10% (on auto-compounded rewards)
  • Fee Breakdown: 50% To GAMMA Reserve & 50% To Infinity Stakers

gGAMMA Address: 0x0c6dd143f4b86567d6c21e8ccfd0300f00896442

GAMMA Infinity Vault: 0x6bD50dFb39699D2135D987734F4984cd59eD6b53

The APY shown on the GAMMA Infinity Vault includes the APY earned from supplying GAMMA on Green Planet. GAMMA earned from Green Planet & the farm contract will be auto-compounded for you several times per day.

H. How to Stake

To stake in infinity vaults, make sure you already have gAQUA or gGAMMA in your wallet. You will receive gAQUA or gGAMMA by supplying them on Green Planet.

  1. Click the blue + (plus) icon
  2. Select the amount of gAQUA that you want to stake
  3. Click confirm

I. How to Unstake

Unstaking from infinity vaults takes 21 days for your tokens to become transferrable again. Once you start unstaking from an infinity vault you will see a 21 day clock begin to count down. All assets that are in progress of unstaking & waiting for 21 days will not earn any GAMMA rewards during that time.

Any gAQUA/gGAMMA that is unstaking can be cancelled at anytime. Cancelling will return the tokens to your staked balance inside of the infinity vault & stop the unstaking process.

  1. Click the red -(minus) icon on the Infinity Vault
  2. Select the amount of gAQUA that you want to unstake
  3. Click confirm

J. How to Instant Unstake

Keep in mind, instant unstaking comes with a 5% fee for breaking the 21 day unstaking period.

  1. Click the yellow lightning bolt icon
  2. Select the amount of gAQUA that you want to unstake
  3. Click the box to confirm you understand the fee for instant unstaking

K. Fee Overview

  1. Deposit Fee: 0.1%
  2. Performance Fee: 10% (Only on GAMMA Infinity auto-compounding)
  3. 21 Day Unstake: 1%
  4. Instant Unstake Fee: 5%

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Planet

Planet

Decentralize the planet’s finances. Governed by AQUA, powered by GAMMA. https://app.planet.finance/