Proposal for a YEL Partnered Stake Pool and Farm
SpookySwap Welcomes YEL Community to Partnered Staking! xBOO holders, today we are happy to be able to offer you the next partnered staking pool featuring YEL.
The xBOO Pool: Stake xBOO tokens to earn YEL tokens!
- Total Tokens: 1,400,000 YEL
- Distribution duration: 60 days
- Start time: 1637035200 November 16th, 2021 0400 UTC
- Finish time: 1642219200 January 15th, 2021 0400 UTC
- Token rewards per second: 0.27 YEL
The Farm: In addition to the YEL xBOO Pool, we would provide an FTM-YEL farm that will have 1.0x BOO rewards for the first 48 hours and then 0.5x BOO rewards after that.
What is YEL? YEL is a multichain yield enhancement and aggregation platform. Its core mission is to build an ecosystem with several protocols functioning simultaneously to maximize returns for users while helping other DeFi projects to gather multichain liquidity. This is done through automated farming strategies, the launchpad for projects to boost their liquidity, and enhancement protocols. Generated fees will always be used for buybacks of YEL tokens, which then are being distributed for rewards and enhancement purposes, hence creating a looped circulation with constant buy pressure from the protocol.
To learn more about the YEL Community, Grim advises you to visit their official communication channels:
- Website: https://yel.finance
- Twitter: https://twitter.com/yel_finance
- Telegram: https://twitter.com/yel_finance
- Docs: https://yield-enhancement-labs.gitbook.io/yield-enhancement-labs/
- Blog: https://yel-finance.medium.com/
- Discord: https://discord.com/invite/yelfinance
- Github: https://github.com/YieldEnhancementLabs
- CoinGecko: https://www.coingecko.com/en/coins/yel-finance
How do you stake xBOO to earn YEL rewards? If you own BOO tokens, congratulations! You’re one step away from staking xBOO. It’s easy to learn how to stake xBOO for Partnered Staking.
- Visit this webpage: https://spookyswap.finance/pools
- Click “Approve” on the Buyback BOO Single Stake pool
- Click on the “+ Stake” button
- Enter your amount of BOO
- Confirm the transaction, this will get you xBOO
- Then, click “Approve” on the YEL Pool
- Click on the “+ Stake” button
- Enter your amount of xBOO
- Confirm the transaction
YEL Address
Beware scam tokens! The correct YEL address is: 0xD3b71117E6C1558c1553305b44988cd944e97300
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0xB879...450a8b | 246,900 | No |
0x9D84...D2Ce17 | 120,117 | Yes we want YEL |
0xf95C...a8a0FF | 86,323 | No |
0x3a77...0D0110 | 76,594 | Yes we want YEL |
0x42Dd...d741a8 | 73,441 | No |
VOTE POWER
Proposal Status
- Mon November 15 2021, 02:00 amVoting Period Starts
- Tue November 16 2021, 02:00 amEnd Voting Period
Current Results
1-Yes we want YEL
684,506.559
2-No
480,189.738
