Farms Emission Update: Reallocation of Emissions

The next round of emission updates on StellaSwap farms is on the way! 🔥

In the continual pursuit of enhancing the protocol and ensure its sustainability, StellaSwap will reduce the emissions of several ‘unproductive’ farms in order to tighten emissions and maximize tokenholder value.

The updated farm emissions will go live on July 23, 14:00 UTC

Why Tighten STELLA Emissions?

In order to boostrap liquidity and attract capital towards StellaSwap, incentivizing stakers to provide liquidity has been a norm in the DeFi space. In return for staking into StellaSwap, liquidity providers are rewarded with daily emissions of STELLA.

The higher the emission of STELLA, the greater the amount of STELLA in circulation, which may result in greater selling pressure. Although a greater TVL is good for the protocol, it dilutes tokenholder value. The most optimal emission strategy would be to continue to incentivize productive farms, which refers to farms with high trading volume.

After extensive analysis on StellaSwap, we have identified several unproductive farms that do not have sufficient trading volume. Continuing daily emissions of STELLA for unproductive farms is a bad idea since it erodes the value for other tokenholders.

Changes of Emissions for the Following Farms;

In order to boost our native STELLA farm, we would seek to reallocate the following farms, effective July 6, 14:00 UTC;

⭐️ STELLA-GLMR: 🔼7465 Stella Per day
⭐️ BNB-USDC: 🔽1866 Stella Per Day
⭐️ BUSD-GLMR: 🔽622 Stella Per Day
⭐️ AVAX-GLMR: 🔽1119 Stella Per Day
⭐️ MATIC-GLMR: 🔽871 Stella Per Day
⭐️ FTM-GLMR: 🔽871 Stella Per Day

Removal of USDC from Tripool

As part of our evolution towards maximizing STELLA tokenholder value through strong value-accrual mechanisms derived from new product launches. We have an exciting line-up of exciting product launches that will maximize tokenholder value, as STELLA tokenholder would receive a portion of the revenues. This will naturally create strong utilities and a price floor for continued organic demand. The change will go live around July 21, 16:00 UTC

  1. IDO Launchpad, featuring Athos Finance as our first project
  2. Hybrid router to unify standard +stable AMM liquidity
  3. GLMR Liquid Staking
  4. Metapool launch (guess which?)
  5. Crosschain swaps

About StellaSwap

StellaSwap is the first and leading Moonbeam DEX that offers an integrated gateway to the DeFi world. Users can swap, earn, yield farm, bridge assets, explore new projects and engage in NFT trading all from a single unified platform. StellaSwap’s products are structured in such a way that facilitates decentralized governance of STELLA holders, while continuing to innovate on the collective foundations by design.

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