# Welcome to Black INK Black INK is a yield farming aggregator running on Everscale Network The protocol was designed to maximize FlatQube users' yields by providing them an option of automatic reinvestments. Black INK uses smart contracts to unleash the full potential of all farming activities to its users. Every user can easily set up a farming contract with scheduled reinvestments. A small sum of Black INK tokens is charged from a user balance for every automatic reinvestment. # Deposit User deposit to the Black INK protocol works the same as a usual deposit to the farming contract on any protocol. There is a unique, deployed for every user, contract that deposits funds to the FlatQube farming contracts automatically after the user deposit. ![](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2FHwNYtVLgYZOlXlcoc1bm%2Fimage.png?alt=media\&token=262e1d64-fe5b-4690-bfc4-c9e16363b95a) After that, FlatQube farming contracts start to vest rewards on user deposits. The rewards can be claimed and reinvested by the Black INK contract. # Automatic reinvest When the reward expected value exceeds the cost per reinvest, then user can execute the harvest method for that contract. All reinvests on the Black INK platform are done automatically by keepers for a fee of a certain percentage of the reinvested amount. ![](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2FSsULqV9mlLggm5KBVALv%2Fimage.png?alt=media\&token=3033966f-425c-44a3-95e0-2ec4ac11693f) # Withdrawal User withdrawal works oppositely to the deposit. User calls out the withdrawal method for the Black INK contract, which redeems liquidity from the FlatQube farming contract and sends it back to user. ![](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2FBbzidkDOMyqZupW57fcK%2Fimage.png?alt=media\&token=2ee4933b-3fa8-4486-989f-ea8662ca976e) # How to start earning? Before the start, it is essential to have your **EVER Wallet** downloaded, installed and deployed. {% hint style="info" %} Visit [EVER Wallet (EN)](https://docs.everwallet.net/) Manual to get ready to work with Black INK {% endhint %} After that, **follow this quick guide** to set up your account on Black INK and get an access to all product features 👉 # Connect to Black INK Make your first steps on the Black INK protocol by connecting with EVER Wallet: ![Click on "Connect" button](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2FaFD4KMcSexVPPRGZgyiu%2Fimage.png?alt=media\&token=a13fac8c-4749-41bc-b193-6f26bd12c64e) Choose the most suitable farming pool: ![Why not QUBE/WEVER?](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2F4MVXTXlAWjlPCHuWEqN9%2Fimage.png?alt=media\&token=add5da9e-bbf9-41c3-a72f-e18af4fb4d15) DYOR about the farming pool by clicking on "Explore pool" button *(it will redirect you to FlatQube.io.):* ![By clicking this button you will get to know QUBE/WEVER much better](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2FHo66oqRYo4f6RcA455x7%2Fimage.png?alt=media\&token=c775a215-83a3-4c1a-8e9c-5853df546305) Or even get the LP Tokens beforehand: ![Click on "Get LP Tokens"](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2Ff1aVnSMAPRML42GHDIn1%2Fimage.png?alt=media\&token=3199038e-ed20-4577-a903-c08aac48ad87) # Open position After choosing the desired farming pool, proceed with opening your position: ![Click on "Open Position" button](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2FAEWzgT7DvaoW5SIaex3R%2Fimage.png?alt=media\&token=72f1bb05-701f-432e-8f56-82ad3bba98db) You will need at least 30 EVERs on your EVER Wallet to do that: ![](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2FMSiOJMa6VmBgxSXz7d7X%2Fimage.png?alt=media\&token=d1569783-3542-486a-af18-2b092df9797f) Once the position is opened, it is necessary to deposit funds to the farming pool: ![Click on "Deposit" button](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2FqVtMZnozPFniagdHW7HD%2Fimage.png?alt=media\&token=ee6b9641-3e43-4fd3-9c6a-6d66d460c7dc) There are 3 available options on how to "deposit to position": * By depositing farming pool LP tokens, which you should have in your EVER Wallet *(click "Get More" button to get them on FlatQube)* * By depositing Left/Right token directly via Black INK * By depositing your reward. This option is available once you have already opened a position on Black INK ![There are plenty of ways to "Deposit to Position"](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2FCanzFaOxFfEcOLdmt4al%2Fimage.png?alt=media\&token=cdc7396f-a827-4044-98f8-684b1d3ee099) Sign the transaction: ![](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2F66dQZ3XPHblkA8XR3bhs%2Fimage.png?alt=media\&token=6b7c44b7-bf72-4cfb-b159-49025ecaec01) # Top up Black INK account You need to have INK tokens on your account to unleash the Black INK full potential. {% hint style="info" %} [Why do I need INK tokens to use the protocol?](/tokenomics/ink-token) 🤔 {% endhint %} If there are no funds in your account, you will see this warning: ![Go get INK tokens!](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2FxzgKbAgdWDvkOaU4YMvN%2Fimage.png?alt=media\&token=e39f515c-d2c8-4186-b388-fbd6dd2ed1f8) There is now only one available option to receive INK tokens:\ Tokens have been airdropped among 550 FlatQube users, who can get them via this link: ![Claim your INK tokens](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2F1q6LlSS9TjfGU1AZOyBg%2Fimage.png?alt=media\&token=1ff10b1e-7099-410d-be65-885ad87fa227) Once you have INK tokens in EVER Wallet, you can top up your Black INK account: ![Click on "TOP UP" button](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2Fk99sTpbu0ybUY63pOpg1%2Fimage.png?alt=media\&token=2cad9fec-8b26-4ecf-92ca-be4278feb740) Click on the "Top Up" button one more time: ![The final step](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2F5650DUTPWoJgmJjoHcIC%2Fimage.png?alt=media\&token=9145dc78-4932-4a03-9a4d-684394299e4c) Sign the transaction: ![Almost there!](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2FjjclaGb94IBtKg1uuB3R%2Fimage.png?alt=media\&token=42d0a883-3415-453b-ab3a-e492e61b3c7b) ### # Tune Autofarming settings Once you opened position and deposited INK tokens to your account, you have the access to the main product features. ### Farm Now Click on "Farm Now" button to instantly reinvest all your farming pool rewards: ![These are 2 main product features](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2FZ3S96gTxTVDrEFc2jtzO%2Fimage.png?alt=media\&token=d7e02b29-321c-40be-82da-68f486398cbd) Sign the transaction: ![](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2FOR8FbTMf65weLgJp0cn2%2Fimage.png?alt=media\&token=7a8eb829-fa85-4ab5-9baf-988941199c61) ### Autofarming Frequency By clicking on settings button, you can choose how often the farming contract will reinvest your rewards. #### Optimal Reinvestment optimizer suggests you a maximum profitability reinvestment frequency that takes into account both a farming pool yield and your share. If you want to use this frequency, then click on "Apply" button. ![](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2F8hqIvuCOniI2DUw90ouS%2Fimage.png?alt=media\&token=75f065d6-5d22-4c20-95b0-f3b13af90db8) Sign the transaction: ![](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2Fjr3mi0n6bH1o5egORSra%2Fimage.png?alt=media\&token=14d4260e-2248-443e-8c97-82e6d47be160) #### Set manual You can always manually set a unique reinvestment frequency within a settings interface. Click on "apply" button afterwards. ![](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2FD925ffhuomnQFpHGXzKq%2Fimage.png?alt=media\&token=04d966fb-5282-425b-9aae-67119dc7ff6a) Sign the transaction: ![](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2FbeTLc6kSEHpvVmtKaazf%2Fimage.png?alt=media\&token=a05570e9-2985-46c4-864e-8da53e378128) #### Disable You can disable autofarming by choosing the "Disable" option and clicking on "Apply" button. ![](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2FPe8TLK5or6nGoYotSB2r%2Fimage.png?alt=media\&token=aba2f6bd-501a-4366-8da5-8d5d4d2c3b85) Sign the transaction: ![](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2Ftp756jQSruNeBuPUC9rG%2Fimage.png?alt=media\&token=f0a42af0-c9ec-49d3-94e0-777295dd1b43) # Withdraw LP Tokens To withdraw LP tokens from the opened position, click on the big "-" button: ![](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2F5F9nf84GvZn0SyLQ0y87%2Fimage.png?alt=media\&token=931bdb18-5855-4c62-821b-8bea559662a8) Then click on "Withdraw" button: ![](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2FA7P5WN42iDnatsntrs7R%2Fimage.png?alt=media\&token=17f7553c-2309-469d-9fd1-d5c8deeb6a90) Sign the transaction: ![](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2F6K3YgY0VSc9kkoDD2o6M%2Fimage.png?alt=media\&token=ef44ac35-41ea-40e2-a324-ca2addfd9a0b) # Manage Entitled reward Once you decide to withdraw all the funds from the position, the 2 possible options will appear in the interface on how to manage the remaining entitled rewards: **Refarming** and **Claiming.** ![](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2F3Euu2cwMVUDnKSRel9xJ%2Fimage.png?alt=media\&token=af9dd580-afa5-4c96-900a-72b22b73b0b8) **Refarming** If you select that option, then all entitled reward will be reinvested back in the farming pool. That option allows users to grow farming exposure even when central funds are withdrawn. **Claiming** With that option selected during the withdrawal process, all entitled reward will be claimed right on your balance as soon as it becomes vested. To proceed click on "Withdraw" button: ![](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2FyBfERCLMq4mhAJhavrko%2Fimage.png?alt=media\&token=bf40acb0-0f08-4980-bbc7-fa2150e538a0) Sign the transaction: ![](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2F492TKF1nHjQVoQAwxuEK%2Fimage.png?alt=media\&token=ff7575d4-ba7f-4b25-b609-b7164b8aa978) # FAQ The answers to the most important questions **Q:** How many INK tokens platform spends per reinvest?\ **A:** Users are charged with an [equivalent](https://app.flatqube.io/tokens/0:ba3df9da063c400bc934e35dc16c0ef13b4ca0bf44fa49501f0b5d628aa82fb2) of 2 EVERs in INK tokens per reinvest # INK token To use Black INK contracts, users must stake INK tokens on the Black INK protocol. The tokens are used as reward payments to "keepers" who check vested contracts and call out harvest method when it is needed. Currently users are charged with an [equivalent](https://app.flatqube.io/tokens/0:ba3df9da063c400bc934e35dc16c0ef13b4ca0bf44fa49501f0b5d628aa82fb2) of 2 EVERs in INK tokens per reinvest. The "keeper" also receives 8% of the reinvested amount (Available reward) in LP tokens pre reinvest. 16% of the reinvested available reward in reward tokens is allocated to INK buyback from the market. In the first instance, there will be only one QUBE-INK liquidity pair with initial liquidity taken from the public investment round. # INK distribution INK tokens are allocated to the following accounting entries in the following way: ![](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2FZhk1jzjiXcEYKi3kqNI0%2Fimage5.png?alt=media\&token=19ff8a5d-761e-46ca-91df-fec910235960) # INK vesting schedule ![](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2F7HrzFmuW2o2ZmgFhGmHH%2Fimage.png?alt=media\&token=09f646e7-24be-4df6-a2ce-56735ea287f6) ![](https://3680767165-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHLsJyzZU9oUiavRXDfBt%2Fuploads%2FlNNdZqCv6yJZVDxKU1uT%2Fimage1.png?alt=media\&token=72aae2d9-fc63-4207-b926-816125e3253a)