Private Farming for Presale Holders
Farming Without Fees
bYield Finance will be allocating 5 pools for private farming exclusive to early investors who participated in the presale campaign in order to incentivise more investors to participate in the presale. On top of that, presale investors get to save on their deposit fee since there will be no fees implemented for farming in these private farms. Early investors get to enjoy a steady APY for 96 hours from block 11209100 to block 11324300
Relatively stable APY for Private Farms
To ensure that farms are kept private, we will be whitelisting all the wallet addresses that have participated in the presale. Once the presale ends, only the whitelisted wallet addresses will be eligible to farm in our private farms. This way, the farming rewards will not be too saturated since the amount of funds in the private farms are limited during these 96 hours.
Private Farms Allocation
There will be a total of 5 private farms that presale buyers get to farm in. Below are the allocation for these farms:
Name of Farm
Amount of $bYield per Day
bYield - BNB
625
bYield - BUSD
625
bYield
250
BUSD
50
USDT
50
Total
1,600 (0.53% of total supply)
Harvest Lock for Private Farming
Harvest lock will be implemented to private farming to allow more funds to be raised from our Auto Buyback & Burn policy to ensure a healthy price action for bYield token. Harvest will unlock on block 11381900. By then, there should be sufficient liquidity to sustain the selling pressure from the private farms, resulting in a lesser dumping effect.
No Unstaking of Funds (only emergency withdrawal)
To portray a healthy total locked value, it is essential that the funds in private farms are locked as well since addresses that are not whitelisted will not be able to participate and deposit into these private farms. Should there be a need to withdraw, users will need to do it through the emergency withdrawal function, however, that will mean that ALL REWARDS FROM PRIVATE FARMS WILL BE FORFEITED.
Last updated
Was this helpful?