RAI Uniswap V2 Mint + LP Incentives Program
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The RAI Mint + LP strategy requires that participants mint RAI and provide RAI/ETH liquidity on Uniswap v2 at the same time in order to accrue retroactive rewards.
Go to or and mint some RAI.
Go to the and add the RAI you minted as liquidity
You do not accrue rewards if:
You provide RAI/ETH liquidity without minting RAI (e.g buy from the pool and LP)
You mint RAI without adding RAI/ETH liquidity
If you mint more RAI than the amount of RAI you provide as liquidity, you only accrue rewards on the amount you minted & LPed. Likewise, if you add more RAI as liquidity than you mint, you accrue rewards only on the RAI amount that you both minted and LPed.
In short, you can think of mint + LP as a formula: RAI Eligible for Rewards = min(RAI from LP token balance of an address
, Total RAI debt from Safes owned by the address)
.
You must use the same address to mint RAI and provide Uniswap v2 RAI/ETH liquidity
The Uniswap v2 RAI/ETH LP tokens must stay on the same address that you used to mint RAI and provide liquidity
To see the minimum amount of RAI you must mint on mainnet, check the first
If you open multiple Safes with the same address, your total RAI debt will be the sum of all RAI minted by each of your Safes
If your Safe gets liquidated, the amount of minted RAI you have decreases by the amount of RAI that got confiscated
If you would like to use a to manage your RAI positions and provide liquidity on Uniswap, you can connect to the Safe using WalletConnect and then use
You need to mint RAI in order to accrue rewards. To determine the maximum amount of RAI that you should mint, do the following:
You’re now accruing rewards on the amount of RAI that you both minted and LPed.
4. I minted less RAI than I can currently claim from the Uniswap v2 pool
Similar to the second scenario, if you would like to be eligible for more rewards, you need to check the amount of RAI that you can currently withdraw from the RAI/ETH pool and determine how much more RAI you need to mint.
The retroactive scripts take this situation into account. You do not need to do anything.
Go to the in order to provide liquidity. You should add less or the same amount of RAI you previously minted in the pool. If you provide more RAI as liquidity than the amount of RAI you minted, you only accrue rewards on the amount you both minted and LPed.
Go to the and check how much RAI you would get back if you were to withdraw all your liquidity. Take note of the amount.
Go to or and mint RAI up to the amount that you already provided in the pool.
Currently you’re only accruing rewards for the amount you both minted and LPed. If you would like to accrue more rewards, you need to add more RAI as liquidity in the .