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If you're holding $VARA, you don't want to miss out on the $PINKAV LGE - happening on @KAVA_CHAIN!
Check out our latest Medium article to find out why: bit.ly/41x3NIm
Prefer reading it in thread form? We got you covered 🧵
#DeFi #LGE #IDO #ICO #KavaRise $KAVA $MARE
Check out our latest Medium article to find out why: bit.ly/41x3NIm
Prefer reading it in thread form? We got you covered 🧵
#DeFi #LGE #IDO #ICO #KavaRise $KAVA $MARE
▶️ Purchasing $VARA with #LGE funds, locking them as veVARA for FOUR (4) YEARS, & voting for our PINKAV-KAVA LP pool
6% of our LGE funds will be used to purchase VARA (which will be locked and used to vote) - kickstarting the Pinjam-Équilibre flywheel.
6% of our LGE funds will be used to purchase VARA (which will be locked and used to vote) - kickstarting the Pinjam-Équilibre flywheel.
This will result in increased buying pressure for $VARA - which is welcome news for VARA holders!
If we raised USD 300,000 — there will be USD 18,000 worth of buying pressure for VARA from our LGE.
Raised USD 1M? That’s USD 60,000 in VARA buying pressure!
If we raised USD 300,000 — there will be USD 18,000 worth of buying pressure for VARA from our LGE.
Raised USD 1M? That’s USD 60,000 in VARA buying pressure!
We will also have our $PINKAV LP pool paired with $KAVA — which will also increase buying pressure for KAVA throughout the LGE!
When you purchase PINKAV during our LGE, you are indirectly supporting $VARA & KAVA price growth.
The more we raise, the bigger the ecosystem impact!
When you purchase PINKAV during our LGE, you are indirectly supporting $VARA & KAVA price growth.
The more we raise, the bigger the ecosystem impact!
▶️ Bribing our PINKAV-KAVA LP pool with LGE funds
12% of our LGE funds will be used for this initiative - which will kickstart the Pinjam-Équilibre flywheel.
Don't forget, we still have bribes from our fees, $PINKAV supply, and possibly #KavaRise incentives!
12% of our LGE funds will be used for this initiative - which will kickstart the Pinjam-Équilibre flywheel.
Don't forget, we still have bribes from our fees, $PINKAV supply, and possibly #KavaRise incentives!
Let’s do some quick math:
12% of USD 1M raised would be USD 120,000.
Let’s say we spread this out over the span of 10 weeks - you’re looking at USD 12,000 of bribes every epoch just from this #LGE!
We have another sweet surprise for $VARA holders as well 👇
12% of USD 1M raised would be USD 120,000.
Let’s say we spread this out over the span of 10 weeks - you’re looking at USD 12,000 of bribes every epoch just from this #LGE!
We have another sweet surprise for $VARA holders as well 👇
With our Protocol-Owned Liquidity (3,3) module, we will be continuously buying LP tokens at a premium - which will be used to farm more $VARA emissions!
The POL will take those VARA emissions, lock them for 4 YEARS, and used to vote for more VARA emissions to our LP pool.
The POL will take those VARA emissions, lock them for 4 YEARS, and used to vote for more VARA emissions to our LP pool.
This repeats — ensuring consistent emissions of $VARA on the PINKAV-KAVA LP pool which will further incentivize more liquidity.
By doing this, we consistently take more VARA out of circulation, reducing sell pressure.
By doing this, we consistently take more VARA out of circulation, reducing sell pressure.
This will lead to a flywheel effect to ensure deeper liquidity for $PINKAV while reducing sell pressure on $VARA.
This initiative is our goal at creating a sustainable value accrual ecosystem on $KAVA — where Pinjam, Équilibre, and even KAVA benefits too!
This initiative is our goal at creating a sustainable value accrual ecosystem on $KAVA — where Pinjam, Équilibre, and even KAVA benefits too!
Think this PINKAV LGE could be the game-changer for the $KAVA ecosystem?
LIKE + RT and share this with your #DeFi frens?
LIKE + RT and share this with your #DeFi frens?
https://twitter.com/PinjamLabs/status/1648387185345966080
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