Earn Favor
How to Earn Favor
Favor is minted through staking Esteem ($ESTEEM) in designated Groves within the Wildlands.
The rate of Favor minting is market-driven, meaning Favor supply growth expands when demand is high and contracts when demand is low.
Favor’s daily minting rate varies based on its ratio to its paired asset:
If a Favor type trades at 3x its paired asset or more, 3% of its total supply is minted to its Grove daily.
If it trades under 3x its pair, the percentual increase will adjust accordingly
Users earn Favor proportionally based on their Esteem stake in each grove.
Users may also smelt (burn-mint) Esteem to receive Favor
Since Esteem is illiquid (i.e. no LP and therefore not tradeable via swaps) users may choose to smelt (burn) their Esteem for 70% of its value in (newly minted) Favor tokens of choice.
Smelting Esteem is not considered a primary strategy and acts only as an opt-out to the BetterBank system.
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