Baklava Space on FunctionX - F(x)Core Delegate Vault & FX-Swap Yield Farming Vault

Should be these I think:

stFX Delegation - 0x5c24B402b4b4550CF94227813f3547B94774c1CB

Baklava - FXSwap LP:
WFX/WETH - 0xEfB5a32735390D01e37b620407892E35ACC998C3
WFX/USDT - 0x1c1e54d8bffb02f261814ca8f06f03efed25ab8d
WFX/BAVA - 0x0FE1eaD49B97FBd65875ad8A9da0B869552d0CAa
WFX/PURSE - 0x610629Af1Cc8543C0e0348F62559801dc4099A76
WFX/PUNDIX - 0x76F2F94429155E4E6e4c126aC9B7165Ed347c9D6

FXSwapStrategyVault - 0x0324a1a68d6Ef3C5037DCc5a305F941eD240197A

2 Likes

Thx @SCENE !

1 Like

is this true?

baklava team gave $300k of incentives for baklava on fxcore ?!?!

Baklava did deploy an incentive of 300k $FX (not $USDT) for Baklava vaults.
I don’t know if it’s on Stake vault or FxSwap vaults though (I think it’s only on the first one…)
Link 1
Link 2

it looks like they also deployed 5.9m $BAVA on top of the 300k $FX? @JohnB can u confirm?

Yes, we just mentioned it on our Twitter too. Have you enjoy the yield?

Hi Baklava team @Keith @JohnB,

Thank you for your support and effort to build your platform on f(x)Core. I am very thankful for your commitment, especially when I saw that the FX tokens that you received from proposals #28 and #40 have been 100% allocated as liquidity on FXSwap (FX-BAVA pairing) and also as incentives (on top of the additional allocation of BAVA tokens from Baklava team).

In this message, I want to propose to the FX community to replace FX liquidity on the FX-BAVA pairing on FXSwap with FX tokens from EGF (which will be submitted by the team), and the current FX liquidity that belongs to the Baklava team can be utilized for the next development.

I think this will be beneficial for both teams in the long run. I hope the Baklava team can consider building vaults to bridge the supported chains with f(x)Core and bring that liquidity to f(x)Core (especially if it can utilize the f(x)Bridge).

I look forward to hearing the community’s thoughts.

4 Likes

Would definitely make sense…
I’d support… What’s the amount of FX we’re talking about ?

I am proposing 300,000 FX tokens, basically the same amount as the Baklava team received on proposal #28, where they put all of them as liquidity on FXSwap.

1 Like

Thank you for the consideration @indra & @FrenchXCore, it will be very useful for our future development on fx. our team will wait for more opinions from the other community members. we are proud to be part of fx and always try to deliver our best.

Looks fine to me.

1 Like

Thanks again for building something needed by the community.

Will let the community decide if a 300,000 fx is warranted, but i presonally would like to see it.

On a different note, maybe you can also build some smart vaults for $PUNDIX and $PURSE in the future.

1 Like

Fully support : voted yes.
It would be great to systematically propose $FX incentives as well on all these vaults.

Regards,
@FrenchXCore

voted: Yes

Yes too for me

Hi Baklava team,

Considering there were some validator nodes that became inactive during the upgrade last week, I suggest you guys limit the auto delegation only to the top 30 or top 40 of the active list. From my point of view, most of the rank changes happened in the top 40 below, and this approach is to secure the user’s delegations from slashing. Kindly let me know if you have other solutions.

This approach is subject to change based on the results of the next upgrade.

2 Likes

This is the reason why I suggested this previously, back in September, again and again.

  • A competent team should be able to <visualize issues that have not happened and prevent them> from happening. - Reference Lido for whitelisting quality validators.

Whitelist validators with consistent uptimes; this is to ensure both the users of Function X and Baklava can have peace of mind.

  1. It’s the protocol’s responsibility to ensure they integrate quality validators only.
  • Having bad validators reduces the protocol’s APR.
  • Having bad validators puts the user’s fund at risk of slashing.
  1. It’s the foundation’s responsibility to ensure they delegate to quality validators only.
  • Having bad validators puts the foundation’s fund at risk of being slashed.

Both have a part to play.

Decentralization is a journey, but we should always stick to the principles of being of high quality and not forgo basic measures.

5 Likes

Thank you for the input @indra @SCENE. We will update the auto-delegation feature to minimize the slashing risk.

3 Likes

Hey FX community, we have upgraded our vault to support the top 30 validators at the moment.

Our current delegations in the top 30 to top 50 ranks are redelegated, and we will monitor the situation until the next upgrade.

We have also increased our vault cap to 120 million FX (20% increase).

1 Like

@indra @JohnB that’s really sad to see…

There are a lot of top validators top30-50 only get punished by 2-3 bad validators……50 isn’t not much and there are 20-25 company validators so monitoring 20 Public validations by quality would be nice……