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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