❓Frequently Asked Questions

When did Solarflare launch?

Solarflare launched January 13th, 2022.

When did farming start?

Farming started at the same time as launch, during January 13th, 2022.

When will audit be completed?

Our Solarflare contracts are a direct fork of our Solarbeam contracts which have been audited by Halborn & Certik. We will move to also audit our Solarflare deployment too.

Do I need $FLARE to earn $GLMR?

No, but you may stake your $GLMR to earn $FLARE, or pair $GLMR with $FLARE and stake them in the liquidity pools to earn more $FLARE.

Is there plans for marketing?

The marketing campaign has not yet launched, however, there is plans for one in the future.

When will there be an insert token farm?

There are strict requirements to add a farm from a project. Solarflare will not be announcing farms before they are launched.

Is there a transaction fee on Solarflare?

Every swap has 0.25% fee. 0.20% of that is going to LP providers while 0.05% to the team. Half of the team allocations from fees will be used for buybacks and burns. Please refer to the "Tokenomics" section for more information.

What are the tokenomics?

Please refer to the "Tokenomics" section for more information.

What is impermanent loss?

Impermanent loss is a change of value of assets compared to when you deposited them. The larger the change of value, the more loss occurs. The loss is reversible when the values return to what they were at the time of deposit. If assets are removed from the pool before the return to the original pricing, then the impermanent loss becomes permanent.

Please click here for more information about impermanent loss.

Will there be an auto compound?

Not in the short term. It is an option currently being explored.

What is slippage?

Slippage is the % of the difference you want to buy a token compared to the current price. For example, if if the price of the token has changed by the time you initiated transaction, your swap will succeed as long as the difference is within the percentage you chose as the slippage

If I unstake before harvesting. Will It auto harvest for me?

Yes.

How is APR calculated?

Solarflare's APR is calculated with the following formula:

Pool APR = ((pool flare emission per day * flare price) / pool tvl) * 365

Fee APR = (lastDayVolume * 0.002 * 365 * 100) / pairLiquidity