Tree (Layer 3)
Last updated
Last updated
As the seedlings continue to grow, it has finally become a tree.
After learning from our first 2 layers, we have studied other successful farms such as PolyPup that have managed to keep their tokens sustainable.
Below are the features of the new TREE tokens
After launching the first 2 layers, we will finally be introducing the BUSD Pools to all 3 layers: SEEDS, SEEDLINGS & TREES
All native token holders will be able to stake their tokens to earn $BUSD. APR is estimated to be more than 1,000% but may vary depending on the demand in the pool. The BUSD pool will be running for 1 month and should the community loves it, we will be extending it.
To fund this BUSD Pool, we will be allocating a large amount collected from the presale. Should the funds dry up, we will be using auto liquidity to continue funding the BUSD pools.
BUSD Pool will only be available 1 day AFTER farming of $TREES begins.
After studying successful projects, we realised that limiting the supply is key. The lesser the supply, the higher the price. As such, we will be implementing Auto Emission Reduction for $TREES. Below will be the final tokenomics:
Initial Supply: 5,000 $TREES
Total Supply Ever: 47,000 $TREES
Initial Emission Rate: 0.8/ $TREES
Reduction Rate: 15% Every 6 Hours
We will reach 47,000 within 21days (Inclusive of initial supply)
After listening to all the feedbacks given by the community, we have decided that we will heed their advice and reduce the number of non-native pools since they are causing the price to dump.
We have eliminated ALL NON NATIVE LP FARMS except BNB-BUSD LP. Similarly, majority of the non native single staking pools have also been removed, leaving behind BUSD, WBNB and USDT pools.
To incentivise holding, we will be implementing an 8% transfer tax that is broken down into the following:
4% Auto Burn
4% Auto Liquidity
This is to deter paper-hands from selling too early since they will have to factor in the transfer tax for every transaction.
We noticed that 7 days harvest may be too long and we have decided to reduce it to 3 days. All users will be able to harvest their tokens on the pools after every 3 days.
Do note that APR is related to the price of the token and the amount of liquidity in the pool. If the price of $TREES continues to soar, the APR will also increase. Thus, it will be best to not think of the short-term gains and dump all of your harvests during the first harvest. (Not Financial Advice)
