Estimated launch date for $PWR farming: Monday 11 September.

in LeoFinance9 months ago (edited)

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As I commented in the Hive Power Ventures introductory post, a release date was to be confirmed later in another post.

This is the 'other post'.

$PWR farming through Hive delegation will officially start next Monday, 11 September.

You still have 6 days in case you missed the previous post and haven't started to undelegate your Hive power yet (remember the Hive power takes 5 full days before being available again after undelegating).

If you send your delegation on Sunday to empo.voter you'll be 100% safe to start receiving your first bunch of rewards on Tuesday.


Transparency updates regarding supply:

The initial available supply was intended to be an indeterminate number between 1000 and 5000 tokens allocated into the liquidity pool.

I'm taking advantage of this post to communicate that the supply will finally be 5000 tokens that have already been paired with Hive and assigned to the pool at a 1:1 rate:

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As you can see some accounts already started buying some PWR, a thing that I discourage since currently it's not possible to buy lower than 1 HIVE, and $PWR is intended to be soft pegged to Hive.

You're free to do so, but it's also guaranteed you'll be losing Hive in the process.

This pool will get an initial APR of 5% paid in $PWR tokens for LPs once delegation rewards start.

All the best!


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Sounds gay

Left = @empoderat
Right = @trumpman, aka - PumpMan

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But sirthis man is bald, and I have better hair than ned playing the guitar

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Better late than ever...here we go....delegating my part right away....

You're early, so no worries! Any doubt, ask :)

So far so good ...you are too good in putting everything in plate....will let you know if every have any doubt

you make me blush

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The future is bright.
Great development