SpookySwap

This is a large farm change proposal aimed at redirecting emissions to high volume pairs, free up some weight and possibly add a new farm, ETH-BTC!

Why ETH-BTC? This is one of if not the most power pair in Crypto and with Spooky’s low trade fee and Fantoms Fast/cheap transactions, we think this pair has a high potential to bring a lot of TVL and volume to Spooky. If in the future it is underperforming, just like any other farm, we will make a proposal to adjust it as necessary. In addition this vote allows for multiple choices so be sure to choose whichever you prefer!

One thing to keep in mind is the chart below that details “Dilution Change”. If this proposal passes and is enacted, the farm will have a net weight gain resulting in less diluted farms across the board. With ETH-BTC being added, a +1.3x dilution change, without it a +2.8x dilution change. To put it simply, when weight is freed up like this every farm benefits from gaining more emissions relative to their size.

This freed up weight also allows us to add partner staking pools without dilution existing farms as much.

Here is an example to better illustrate how dilution changes affect other farms:

• Under performing farm = 0.5x (0.1 BOO Per Second)
• High performing farm = 0.5x (0.1 BOO Per Second)

Remove under performing farm (but high performing is unchanged!)

• Under performing farm = 0x (0 BOO Per Second)
• High performing farm = 0.5x (0.2 BOO Per Second)

Farm weight adjustments are based on the farms 30 day volume, liquidity, unique token holders, the tokens market cap and other factors.

Farm	Weight (old)	Weight (new)
FTM-USDC	7	9
FTM-DAI	4	3
FTM-wBTC	4	3.5
FTM-SUSHI	2	1.8
FTM-CRV	1.8	1.7
FTM-AAVE	1.7	1.1
FTM-SNX	1.3	0.6
FTM-ANY	0.8	0.6
FTM-WOOFY	0.8	0.6
FTM-CREAM	0.7	0.3
FTM-BADGER	0.4	0
FTM-ZOO	0.4	0.2
FTM-BIFI	0.4	0.3
FTM-BAND	0.2	0
FTM-KEK	0.2	0.1

New Farm	Weight
wETH-wBTC	1.5

Dilution Change	Net Gain
With new Farm	1.3
Without new Farm	2.8