Massive Burn Programme

Florentino Ariza
Stag Finance
Published in
May 15, 2021

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🦌 🔥

Dear Stag community,

After careful deliberation, we have decided to implement changes to our fair launch distribution model. These changes apply to our current 90 days long Liquidity Mining Programme before the launch of coverage pools.

The changes are motivated by our desire for

  • A stable token value with gradual appreciation;
  • Alleviating concerns of overly diluting the gains of future coverage participants (where our protocol generates fees from premiums); and
  • Balancing our need to continue incentivising early participation and bootstrapping liquidity.

As such, we have decided to retain our Liquidity Mining Programme while creating a MASSIVE BURN Programme 🔥

More details of the changes can be found at our Gitbook: https://stag-finance.gitbook.io/stag-finance/tokenomics/pool-allocation-ratios

Join Us

💻 Website: https://stag.finance
👾 Discord: https://discord.gg/5FN7VTWrWh
🐦 Twitter: https://twitter.com/StagFi_Official
📰 Medium: https://medium.com/stag-finance
📒GitBook: http://stag-finance.gitbook.io/
💬 Telegram: https://t.me/stagfinance

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