- Discussions/
- #41/
I am all for a farm or if that's what's needed for liquidity in Basilisk. I wouldn't mind taking it slow though.
As the APR could reach 40 or 80% over time, it could feel more rewarding if we had to wait longer to reach the maximum APR this time (for example... 3 weeks!).
Would it be possible to negotiate a double reward with robonomics? Or getting some KSM in a KSM - BSX pool?
I agree with you . The Farm was a giant concerning rewards. I would like to see this continuing, because it allows to create a financial Perpetuum mobile, a self-financing circle. In the last months I always created new Farming positions with the earned rewards, so the system grew more and more. In my opinion it is the perfect way to support the Basilisk and help building a strong project.
Cheerz from Germany, Vinzenz
Update
I have discovered that pre-existing global farms can be continued as before simply by sending additional funds to the global farm account. Therefore, based on discussions my upcoming proposal would be:
- Mint 222,222,222 BSX from the LM portion of supply (the last global farm was 500M BSX)
- Transfer this to the existing BSX global farm
- Stop the current BSX<>USDT farm, as support for USDT on Kusama will come to an end in the coming months
- Reduce the APR % on the BSX<>TNKR farm to 40% (back to 1x multiplier, currently at 2x) as the TNKR rewards already make this a rewarding pool
- Maintain the APR % on the BSX<>KSM farm at 80% so that we can focus liquidity on this most important pool
This would be a smaller farm than last time, but based on those numbers, if it gets filled 100% then it will last ~3 months.
APR was good , i prefered KSM-BSX farm in future which will continue 6-12m with 40%+
APR and after we will have bridge with polkadot we can also add USDC -USDT native .