DACKIE LP Vault is a powerful feature designed to boost liquidity for the DACKIE token while offering you a simple way to earn passive income.

By depositing your DACKIE and ETH into the vault, you contribute to a shared DackieSwap V3 liquidity position. This position is configured to provide liquidity across the full price range, ensuring stability and fee generation regardless of market movements. In return, you earn a share of the trading fees generated by that position. The vault automatically collects these fees and converts them into cbBTC, providing you with a steady stream of passive income in Bitcoin (That's always grow sustainably over time)

The primary goals of DACKIE LP Vault are to:

• Increase the liquidity for the DACKIE-ETH trading pair.

• Reward liquidity providers with cbBTC and other tokens.

Here’s a summary of what you can do with DACKIE LP Vault:

• DEPOSIT: Provide liquidity by depositing DACKIE and ETH (or WETH) into the vault. The system handles the rest.

• COLLECT FEES: Manually trigger the collection of your accrued trading fees, which are then converted to cbBTC and sent to your wallet.

• WITHDRAW: Withdraw your principal liquidity. When you do this, the system automatically collects and converts any pending fees for you first.

• EMERGENCY WITHDRAW: Immediately withdraw your principal liquidity without collecting fees. This is useful during times of high market volatility when you need to exit a position quickly. Note, this function cannot withdraw your locked liquidity, locked liquidity can only be withdrawn when expired. (Need to process on Basescan)

For even greater returns, you can lock your liquidity for a set duration, from 1 day up to approximately 2 years. The longer you lock, the higher your reward multiplier, which can go up to 5.0x. This multiplier significantly increases your share of extra rewards.

• DEPOSIT & LOCK: Make a new deposit and choose a lock duration to start earning boosted rewards immediately.

• CONVERT TO LOCKED: Move your existing flexible (normal) liquidity into a locked position.

• INCREASE LOCKED LIQUIDITY: Add more funds to an existing locked position without changing its expiry date.

• EXTEND LOCK DURATION: Extend the lock period on your funds, which may also increase your reward multiplier.

DACKIE LP Vault offers multiple streams of rewards:

1. Trading Fees (cbBTC): Your core reward comes from trading fees. DACKIE LP Vault offers a significant advantage over standard liquidity provision. Previously, providing liquidity to the DACKIE-ETH 1% pool on DackieSwap V3 would earn you 0.66% of the trading fees by DACKIE and ETH, with 0.33% going to the treasury. With DACKIE LP Vault, you receive an enhanced share of 0.8% of all trading fees. These fees are automatically collected and converted to cbBTC for you.

2. Extra Rewards (DACKIE & Partner Tokens): On top of cbBTC fees, you can earn additional rewards like DACKIE and other partner tokens. Your share of these rewards is determined by your "reward weight," which is calculated as:

   Reward Weight = Normal Liquidity + (Locked Liquidity × Multiplier)

   This means your locked funds, boosted by the multiplier, earn you a significantly larger share of these extra rewards.

Automatic Reward Claims: To make things seamless, any time you perform an action that changes your liquidity (like depositing, withdrawing, or locking), the system will automatically claim all your pending extra rewards in the same transaction.