๐Ÿซ
40 Acres Finance
  • ๐Ÿซ 40 Acres Finance
  • Getting Started
    • ๐ŸซOverview
  • Borrow
    • ๐Ÿ’ฐBorrowing Breakdown
      • ๐Ÿ’ธVoting
        • Manual Voting Tutorial
      • ๐Ÿ”Top Up
      • Delegated Repayment
        • Delegated Repayment Tutorial
  • โœจRepayment and Fee Structure
  • Automation
    • ๐Ÿ’ซRelayers
      • ๐Ÿ’นReinvest
      • ๐Ÿ’ตCustom Relayer
    • ๐ŸคCommunity veNFT
      • ๐Ÿ‘ฉโ€๐Ÿ’ปGuide for Socialized Flight School
      • ๐Ÿ’ฒRevenue & Distribution
    • ๐Ÿ”—Merge and Increase veNFT
      • Tutorial Add & Merge veNFT
  • Lenders
    • ๐Ÿ“ŠLending
      • ๐Ÿ“ˆLending Key Points
      • ๐ŸงฎLenders Insurance
  • Technical Docs
    • Smart Contracts
      • Repo
    • Treasury
    • Tokenomics/Points/&More
Powered by GitBook
On this page
  • โœ… Step-by-Step: Opting In to Socialized veNFT
  • โŒ Step-by-Step: Opting Out of Socialized veNFT
  1. Automation
  2. Community veNFT

Guide for Socialized Flight School

Step by step guide of what happens if you opt in or out of the Socialized Flight School.

โœ… Step-by-Step: Opting In to Socialized veNFT

  1. You choose to reinvest rewards โ†’ A portion of your weekly rewards is converted to AERO automatically.

  2. You opt in to the Socialized veNFT โ†’ Instead of going to your personal veNFT, the reinvested AERO is sent to a shared Community veNFT.

  3. Your AERO is pooled with others โ†’ All users who opted in contribute to a grouped AERO lock.

  4. The Community veNFT aims to lock 2500+ AERO โ†’ Once the group hits 2500 AERO, the Community veNFT becomes eligible for Aerodromeโ€™s Flight School rewards.

  5. Rewards are distributed proportionally โ†’ Everyone in the pool earns a share of the Flight School boost based on how much AERO they contributed.

  6. Your contribution earns you a share โ†’ Even small deposits count. If you put in 1% of the AERO, you get 1% of the rewards.


โŒ Step-by-Step: Opting Out of Socialized veNFT

  1. You choose to reinvest rewards โ†’ A portion of your weekly rewards is converted into AERO.

  2. You do not opt into the Community veNFT โ†’ Your reinvested AERO is locked directly into your personal veNFT.

  3. Your AERO is tracked individually โ†’ It does not contribute to the shared Community veNFT lock.

  4. If your personal veNFT reaches 2500+ AERO: โ†’ You become eligible for Flight School. โ†’ The Flight School bonus AERO you receive is

    • Automatically added to the Community veNFT

    • You receive shares in the Community veNFT based only on the amount of that Flight School reward. โ†’ Your initial reinvested AERO stays in your personal veNFT โ†’ Your Flight School AERO earns shared yield with the community

  5. If you never reach 2500 AERO: โ†’ Youโ€™re not eligible for Flight School โ†’ You do not contribute to or receive anything from the Community veNFT โ†’ You miss the additional Flight School rewards entirely

PreviousCommunity veNFTNextRevenue & Distribution

Last updated 28 days ago

๐Ÿค
๐Ÿ‘ฉโ€๐Ÿ’ป