Earn SAFO
stake SAFO-Bills
Start: Mar 29, 2023 11:30 AM
End: Mar 29, 2023 11:30 AM
Duration: 0 days
Remaining: 0 days
New!
BNB Balance:
0
$0
SAFO Balance:
0.00
$0.00
SAFO-Bills Staked:
0.00
$0.00
Pending Rewards:
0.00
$0.00
Paid Rewards:
0.00
$0.00
Your staked tokens are locked until: Mar 29, 2023 11:30 AM. If you unstake before this date, you will be penalized 0% of your staked tokens.
APR
0%
TVL
0.00
Earn LFD
stake LFD-Bills
Start: Mar 29, 2023 11:30 AM
End: Mar 29, 2023 11:30 AM
Duration: 0 days
Remaining: 0 days
New!
BNB Balance:
0
$0
LFD Balance:
0.00
$0.00
LFD-Bills Staked:
0.00
$0.00
Pending Rewards:
0.00
$0.00
Paid Rewards:
0.00
$0.00
Your staked tokens are locked until: Mar 29, 2023 11:30 AM. If you unstake before this date, you will be penalized 0% of your staked tokens.
APR
0%
TVL
0.00
Staking is when you lock crypto assets for a set period of time to help support the operation of a blockchain. In return for staking your crypto, you earn more cryptocurrency.
New style of yield-farming: SAFO-Bills
- SAFO-Bills is essentially yield-farming, but the tokens aren’t bought on the DEX – they are bought from the team via an OTC (over the counter trade) with half of their purchase being paired with purchased tokens to create an LP token, and the other half going to the team.
SAFO-Bills are a unique way of rewarding investors for supplying liquidity. Under the hood, a SAFO-Bill is simply a SAFO-WBNB LP token.
The contract handles ALL logic, from receiving the buyers BNB, calculating the token price to determine how many tokens to give them, creating & staking the LP token, calculating/distributing staking rewards and then unstaking/burning the LP tokens at the end of the farm duration.
How does the process work? Example using a 1BNB purchase:Investor purchases 1BNB worth of SAFO-Bills via the farming/staking dApp.
That 1BNB is split in half, .5BNB used to purchase SAFO from the contract, and the other .5BNB is paired with the purchased tokens to create SAFO-WBNB LP tokens.
SAFO-Bills are automatically ‘staked’ (internally – they don’t leave the contract) and immediately start earning staking rewards.
The investor can collect their staking rewards at anytime throughout the duration of the farm.
The SAFO-Bills are locked for the duration of the farm. Once the farm ends, they can unstake to redeem their SAFO-Bills. This will give them back their original .5BNB, and the amount of tokens they purchased with the other .5BNB.
- The contract accumulates BNB from selling SAFO-Bills, which the team can collect at anytime
- The contract collects the regular ‘yield farming’ trading fee’s that LP tokens receive, which the team collects at the end of the farm
- users can ‘emergency unstake’ before the farm ends, but will forfeit a % fee of their SAFO-Bills
Advantages:- Literally prints money for the team(first project earned 14 beans in the first 24hours) by the team collecting 50% of SAFO-Bill sales. This can be used for anything: marketing, buy back, buy back and burn, giveaways, etc…
- Since the contract is holding the LP tokens, the contract receives the fee’s that LP tokens receive from DEX trading volume. Means more money for the team!
- Introduces a LOT more liquidity into the SAFO-WBNB liquidity pool – which everyone knows is very beneficial thing for everyone. This liquidity is also community owned, which has its appealing benefits
- Can customize features in the smart contract, as in: giving a bonus token purchase amount, etc 5/10% more tokens than what they would get on the market for the same price. Can turn this bonus on and off, as well as modify the percentage. Can also modify the early unstake fee
- Can offer this feature to partner tokens on your dApp
- Can add more tokens to the contract to boost APR and sell more for the bills
Disadvantages:- users have questioned since that they aren’t buying the tokens on the market, that the price isn’t being affected. This can also be viewed as a good thing, because the tokens being bought & bnb are going directly INTO the liquidity pool. Which reduces price impact from selling pressure
2 separate token amounts (previous teams have supplied anywhere from 10%-50% of supply) funded to contract:
First, and larger, is the amount of tokens you wish to sell to your investors for the SAFO-Bills.
Second, and smaller, is the staking rewards amount of tokens you wish to reward and incentivize investors to purchase SAFO-Bills.
Extra advantages:Farm just with bnb and one click
(Super fast&for newbies easy)
Higher LP creation
Higher yields
LP token Lock for full duration of yield farm (30/60/90 days)
Attractive project revenues
Launchpad pools are the transferred launchpad presale pools that continue running here for the entire duration after a successful launch or shifted presales on the Safo Launchpad atLaunchpad.safeonechain.com
Here, you can purchase additional tokens at DEX pricing, harvest your rewards, partially or completely unstake your investments, and utilize the referral system.