# Roadmap

## Phase 1: Genesis farming

Etherberry fair launch (28-day Genesis farming with 4 Crop Cycles) - Emission on Genesis farms will start at **25th May 2023, 11am (UTC)** to reward early supporters. 

Genesis farms include

* ETH farm
* frxETH farm
* wstETH farm
* sfrxETH farm
* cbETH farm
* BERRY-WETH farm
* BERRY farm
* PEPE farm

### **Crop Cycle 1 (Day 1-7)**

* Total of **88.88 million** $rawBERRY rewards
* Open ETH farm, frxETH farm, BERRY-WETH LP farm, and PEPE farm first

| Farm            | Allocation (%) | Amount / Day ($rawBERRY) |
| --------------- | -------------- | ------------------------ |
| ETH             | 38.00%         | 4,824,914                |
| frxETH          | 12.00%         | 1,523,657                |
| BERRY-WETH LP\* | 45.00%         | 5,713,714                |
| PEPE            | 5.00%          | 634,857                  |

**\* Reward emission for BERRY-WETH LP will start 72 hours after Crop Cycle 1 started (28th May 11 AM UTC)**

## **Crop Cycle 2 (Day 8-14)**

* Total of **88.88 million** $rawBERRY rewards
* Open wstETH farm and BERRY farm

| Farm          | Allocation (%) | Amount / Day ($rawBERRY) |
| ------------- | -------------- | ------------------------ |
| ETH           | 30.00%         | 3,809,143                |
| frxETH        | 14.00%         | 1,777,600                |
| wstETH        | 4.00%          | 507,886                  |
| BERRY-WETH LP | 45.00%         | 5,713,714                |
| BERRY         | 4.00%          | 507,886                  |
| PEPE          | 3.00%          | 380,914                  |

### **Crop Cycle 3 (Day 15-21)**

* Total of **88.88 million** $rawBERRY rewards
* Open sfrxETH farm

| Farm          | Allocation (%) | Amount / Day ($rawBERRY) |
| ------------- | -------------- | ------------------------ |
| ETH           | 22.00%         | 2,793,371                |
| frxETH        | 16.00%         | 2,031,543                |
| wstETH        | 6.00%          | 761,829                  |
| sfrxETH       | 2.00%          | 253,943                  |
| BERRY-WETH LP | 45.00%         | 5,713,714                |
| BERRY         | 6.00%          | 761,829                  |
| PEPE          | 3.00%          | 380,914                  |

### **Crop Cycle 4 (Day 21-28)**

* Total of **88.88 million** $rawBERRY rewards
* Open cbETH farm

| Farm          | Allocation (%) | Amount / Day ($rawBERRY) |
| ------------- | -------------- | ------------------------ |
| ETH           | 14.00%         | 1,777,600                |
| frxETH        | 18.00%         | 2,285,486                |
| wstETH        | 8.00%          | 1,015,771                |
| sfrxETH       | 3.00%          | 380,914                  |
| cbETH         | 1.00%          | 126,971                  |
| BERRY-WETH LP | 45.00%         | 5,713,714                |
| BERRY         | 10.00%         | 1,269,714                |
| PEPE          | 1.00%          | 126,971                  |

## Phase 2: ETH-b and LSD Swap launch

### What is ETH-b?

ETH-b is a basket of assets containing various Ethereum-based LSD types, offering a native LSD fast exchange. Users can mint ETH-b with various types of selected, approved types of ETH for flexibility and convenience. It's optimized for the most favorable ratio based on liquidity, safety, and interest. The token price fluctuates based on a rebalancing mechanism that maintains the optimal ratio of constituent tokens, preventing slippage and ensuring the token retains its value. ETH-b enables direct swaps without needing to go through ETH, resulting in lower slippage rates than Curve and Uniswap due to its optimal constituent token ratio. Ultimately, ETH-b provides a secure, efficient, and cost-effective way for users to swap assets.

### ETH-b and ETH-b farm launch 

ETH-b will be launched in the near future (TBA). 

To acquire ETH-b, users can deposit any of the selected ETH assets into the ETH-b pool contract to receive a corresponding amount of ETH-b tokens. The amount of ETH-b minted is based on the proportion of assets in the pool and the amount deposited. Users who provide assets that are in short supply will receive more ETH-b rewards, while those providing abundant assets will receive less.

To redeem ETH-b, users can choose to redeem proportionally in different types of ETH assets, or opt for a single-sided asset redemption. The ETH-b pool maintains a balance of the constituent tokens, and the price of ETH-b changes based on a rebalancing mechanism to ensure it represents the optimal ratio of the underlying assets.

We will also launch ETH-b farm where users can stake ETH-b to earn $BERRY. For the first 12 weeks, ETH-b farm will provide **3,171,429 $rawBERRY as daily reward**. 

### LSD Swap launch

We will open the LSD Swap function, allowing users to conveniently swap between different types of ETH assets through ETH-b pool. A small service fee (0.1%) will be charged for each transaction, which will go into and benefit liquidity providers.

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