Introducing Vault Battles – new competitive campaign between Sonex and Kyo Finance Vault users!

Join the new competitive campaign timed to the launch of Liquid Farming V2 and battle head to head with new Sonex and Kyo Finance Vault pairs!

The campaign lasts 4 weeks. Each week on both platforms a single Vault is opened simultaneously for the same token pair. In total there will be 8 Vaults.

Pairs:

ETH/ASTR
ETH/USDC
ETH/wBTC
ETH/puffETH (USDT)

Period of TVL calculation

Each “round” lasts from Monday 00:00 UTC to Sunday 23:59 UTC.
On Monday we will take a snapshot of TVL in ETH for each of the two pools.

Weekly prize – 10 000 ASTR

At the end of each round we compare the TVL of the pools.
The pool with the larger TVL “wins.”
10 000 ASTR is distributed proportionally to the TVL of all LP addresses of the winning pool, whose TVL at the time of the snapshot is not below that 50$ equivalent.

Super prize – 20 000 ASTR

After all four rounds are completed we count the number of wins of Sonex and Kyo:

If one platform has won ≥ 3 rounds, it receives the entire $500.
If the score is 3-1 or 4-0, the entire 20 000 ASTR goes to the winner.
If the score is 2-2, the prize pool is split equally: 10 000 ASTR each.
Recipients of the super prize are all LP addresses of the winning platform who participated in at least one round and maintained their liquidity in it.

Additionally

Users who had liquidity in the pairs: ETH/ASTR, ETH/USDC, ETH/wBTC, ETH/puffETH (USDT) on KYO and SoneX at any time from June 1, 2025, received KYO LF Boost NFT and SoneX LF Boost NFT on their accounts. These NFTs provide a 3% bonus on ALGM incentives in the vaults, which means they increase your farming rewards since you can stake more ALGM into the vault. (add a mini guide on how to lock the NFT).

About Algem

Algem is a decentralized application built on Astar Network and Soneium offering two main features: Liquid Farming and Liquid Staking. As the names suggest, these two options let ASTR and ETH holders keep their assets liquid while putting them to work. Liquid Farm or Liquid Stake with Algem’s Cross Chain platforms from Soneium or Astar Network and earn multiple rewards in the process. With Liquid Farming you’ll get a liquid lfETH fully redeemable token, in exchange for your ETH deposit to utilise this across the Soneium ecosystem all whilst earn farming fees and accruing Algem’s Native token ALGM in the process. In Liquid Staking, you’ll earn rewards that are automatically compounded with the Reward bearing xnASTR token for APR Yield in a simplistic way offering you peace of mind.