Prop-025 - New Farm and Farm adjustment!
This new proposal aims at adding a new type of BOO farm, SINGLE-FTM to start our new partnership with single.finance! It also aims to free up a significant amount of weight by closing expired partnered staking farms to be used for future partnered staking!
This new SINGLE farm comes $15k in SINGLE TOKENS for a new partner staking pool!
| New Farm | Weight (new) |
|---|---|
| SINGLE-FTM | 0.6x |
The resulting net farm changes is a reduction of 1.1x weight! Freeing up this 1.1x worth of weight will allow us to add more partnered staking pools, and in the meantime means an APR boost for all other farms.
This will also add the clause that all new partner staking pools will be closed if they are not refilled after sixty days.
Proposed Changes
| Farm | Weight (old) | Weight (new) |
|---|---|---|
| FTM-KAE | 0.3x | 0.0x |
| FTM-ICE | 0.2x | 0.0x |
| FTM-ANY | 0.1x | 0.0x |
| FTM-sFTMx | 0.8x | 1.0x |
| SD-USDC | 0.2x | 0.0x |
| FTM-ALPACA | 0.4x | 0.3x |
| FTM-wsHEC | 0.4x | 0.3x |
| FTM-APE | 0.4x | 0.2x |
| FTM-beFTM | 1.0x | 0.5x |
| ETH-YFI | 0.8x | 0.5x |
| LQDR-FTM | .6x | .4x |
| USDC-MAI | 0.7x | 1.0x |
The new SINGLE Farm Proposal The xBOO Pool: Stake xBOO tokens to earn SINGLE tokens!
- Total Tokens: 1,386,321 SINGLE
- Distribution duration: 60 days
- Start time: 1657569600 July 1, 2022 1500 UTC
- Finish time: 1662753600 August 30, 2022 1500 UTC
- Token rewards per second: 0.267423032407407 SINGLE
The Farm: In addition to the SINGLE xBOO Pool, we would provide: FTM-SINGLE farm: .6x BOO rewards for 60 days
To learn more about Singlefinance.io Grim advises you to visit their official communication channels:
- Website: https://singlefinance.io/
- Twitter: https://twitter.com/single_finance
- Telegram: https://t.me/singlefinanceofficial
- Medium: https://blog.singlefinance.io/
- Discord: https://discord.com/invite/97W57CjJme
- CoinGecko: hhttps://www.coingecko.com/en/coins/single-finance
How do you stake xBOO to earn SINGLE 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 SINGLE Pool
- Click on the “+ Stake” button
- Enter your amount of xBOO
- Confirm the transaction
SINGLE Address
Beware scam tokens! The correct SINGLE address is: 0x8cc97b50fe87f31770bcdcd6bc8603bc1558380b
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0x5Aa0...Ba0Feb | 21,964 | Yes |
0x4f9b...3cdDF8 | 19,425 | Yes |
0x1EFD...6ee7c0 | 18,656 | Yes |
0x17e0...74b2Eb | 18,591 | Yes |
0x2947...278233 | 12,728 | Yes |
VOTE POWER
Proposal Status
- Thu July 07 2022, 10:59 pmVoting Period Starts
- Mon July 11 2022, 03:00 pmEnd Voting Period
Current Results
1-Yes
185,555.492
2-No
1,039.529
