Sweet Pool FAQ & Troubleshooting
Troubleshooting
I can't find the Sweet Pool I was staking in!
You should be able to find the Sweet Pool under the “Finished” tab on the Sweet Pools page.
By selecting “Staked Only”, it will make it easier to find your assets.
Why can’t I unstake my tokens from a Sweet Pool?
If you are unable to unstake from the Stake Leno, Earn LENO pools, please check to make sure that you haven’t sold the SWEET tokens in your wallet. This token acts as a `proof of ownership` over your LENO in the Manual LENO pool.
Why did my earned tokens go to zero after staking/unstaking?
Don’t worry! They’re in your wallet already.
Whenever you stake or unstake from a Sweet Pool or farm, your earned tokens get harvested and sent to your wallet at the same time.
General Questions
How is APR for Sweet Pools calculated?
Sweet Pool APR = Annualized rewards (USD) / User funds staked in Sweet Pool (USD) * 100
As a basic example, let's take a 60-day pool with 300,000 USD worth of rewards, and 3,000,000 USD worth of LENO staked in it.
The APR fluctuates as more LENO is staked by users, and as the price of LENO, and the reward token, vary.
Calculation
Amount
Total rewards to distribute (USD value)
300,000 USD
Distribution period
60 days
Daily distribution
300,000 / 60 =
5,000 USD daily
Annualised rewards (USD value)
5,000 * 365 =
1,825,000 USD
Value of LENO staked by users in pool (USD value)
3,000,000 USD
APR
(1,825,000 / 3,000,000) * 100 =
60.833% APR
What does the “End” number on my Sweet Pool refer to?
This shows the amount of blocks left until the rewards for that pool stop being distributed. Once the pool has reached that block, you should unstake your tokens, because you won’t be receiving any rewards after that.
Where do the rewards from Sweet Pools come from?
There are three main types of Sweet Pools.
Stake LENO, earn LENO
Stake LENO, earn other tokens.
Stake other tokens, earn LENO
The rewards for the "Stake LENO, earn other tokens" type are provided by the project teams who sponsor a Sweet Pool.
For the "Stake other tokens, earn LENO" type, the LenoSwap treasury buys back LENO from the market to distribute as rewards. These pools are funded by LenoSwap, not by the projects themselves.
What’s SWEET Token?
LenoSwap’s SWEET Token is deposited in your wallet when you interact with the Manual “Stake LENO, Earn LENO” Sweet Pool. It's not staked for
It’s basically an IOU that shows how much LENO you’ve staked in the pool.
It’ll be returned automatically when you unstake your LENO from that pool.
Don’t sell your SWEET tokens! You need to return your SWEET to unstake your LENO from the Manual LENO pool. The amount of SWEET you return must be the same as the amount of LENO you unstake.
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