Proposal for an Alchemix Partnered Stake Pool and Farm
SpookySwap Welcomes the AlchemixCommunity to Partnered Staking! xBOO holders, today we are happy to be able to offer you the next partnered staking pool in collaboration with Alchemix!
The xBOO Pool: Stake xBOO tokens to earn gALCX tokens!
- Total Tokens: 770 gALCX
- Distribution duration: 60 days
- Start time: 1651759200 May 5, 2022 1400 UTC
- Finish time: 1656943200 July 4th, 2022 1400 UTC
- Token rewards per second: 0.0001485 gALCX
The Farm: In addition to the gALCX xBOO Pool, we would provide a gALCX-FTM farm that will have 1.2x BOO rewards.
What is Alchemix? Alchemix Finance is a platform built on Ethereum to give users an advance on their future yield. Users deposit collateral into the platform in order to take out a loan, in the form of synthetic tokens, that is automatically repaid over time using the yield generated from the deposited collateral. This allows users to instantly receive an advance on the yield of their deposited collateral. Because the tokens minted by the Alchemix platform are synthetic versions of the deposited collateral, users are not exposed to liquidation risk
gALCX is the wrapped version of ALCX designed for crosschain and layer 2. When you wrap ALCX for gALCX they stake and autocompound your ALCX. This saves you claiming rewards and restaking manually.
To learn more about Alchemix, Grim advises you to visit their official communication channels:
- Website: https://alchemix.fi/
- Twitter: https://twitter.com/AlchemixFi
- Medium: https://alchemixfi.medium.com/
- Discord: http://discord.com/invite/alchemix
- Github: https://github.com/alchemix-finance
- CoinGecko: https://www.coingecko.com/en/coins/alchemix
How do you stake xBOO to earn gALCX 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 gALCX Pool
- Click on the “+ Stake” button
- Enter your amount of xBOO
- Confirm the transaction
gALCX Address
Beware scam tokens! The correct gALCX address is: 0x70F9fd19f857411b089977E7916c05A0fc477Ac9
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x3F32...Ed21F8 | 56,382 | Yes |
 0x5Aa0...Ba0Feb | 31,521 | Yes |
 0xB3aD...25076F | 28,267 | Yes |
 0xE277...7A3a4C | 17,546 | Yes |
 0xDc43...d5dd21 | 6,885 | Yes |
VOTE POWER
Proposal Status
- Wed May 04 2022, 03:50 pmVoting Period Starts
- Thu May 05 2022, 01:00 pmEnd Voting Period
Current Results
1-Yes
165,387.537