We could not wait any longer, finally everything is ready!
We are glad to present PolyWeed, a complete brand new DeFi Yield Farming Platform, active on the recently growing Polygon Network.
We are a fresh team of developers, willing to bring innovation and improvement in the extraordinary and highspeed world of Decentralised Finance.
WHY POLYGON NETWORK?
The choice of the Polygon Network has been clear since the early origin of the project.
The incredible low fees and the quickness of this chain, has undoubtedly played a crucial role, thanks to these features, reaching and creating a widespread community will be much easier.
TOKENOMICS
WEED token has been conceived to be the epicentre of the PolyWeed program, with the long-term vision to reach a major role in the Dapps ecosystem.
The ongoing emission rate of WEED is 1 token per block, with a decrease of 10% rate every day, until a 0.1 token minted per block emission will be obtained.
We opted for this emission rate in order to turn it deflationary and increase the value of WEED token over time.
We also minted an initial amount of 10,000 WEED which will be used to provide liquidity, coupled with WMATIC, ETH and USDC raised from fees.
So, what’s in for the dev team? We reserved a developers’ reward, equal to 5% of new mint.
TIMELOCK FUNCTIONING
Timelock is a function that help our precious user check any change in the contract or generally in PolyWeed platform.
The transaction outgoing from contract can be verified on the following link: https://explorer-mainnet.maticvigil.com/address/0x28ef803eB173b3fa64dB971B3BCe2714f18357C1/transactions
When a change must occur, anybody can see an outgoing transaction from the timelock contract, giving a 24 hours notice, preventing malicious actions from developers.
OUR FARMS
At the moment the available farms on PolyWeed are:
WEED-MATIC
WEED-USDC
WEED-ETH
USDT-USDC
WMATIC-USDC
ETH-USDT
ETH-USDC
OUR POOLS
At the moment the available pools on PolyWeed are:
WEED
MATIC
BTC
WETH
USDT
USDC
DAI
SUSHI
QUICK
IRON
GROWBOX
In this section you will be able to stake WEED in order to farm partner tokens.
We are currently keeping in touch with other Polygon projects, we will inform the public as soon as possible.
KING OF STONERS
With the launch of our platform, we are glad to introduce King of the Stoners. We’ve had to focus on other essential features of the platform, along with tokenomics and farms, in order to have a solid foundation for PolyWeed . But, obviously, we did not forget about the fun part: making money has never been this entertaining!
The game is based on a last man standing concept. The last person to stand when the game timer expires is the winner. In practice it’s a bit more complicated but we will walk you through it later on Medium.
