🦖Extinction Pools
The concept of Extinction Pools was adapted from DinoSwap. They allow you to sacrifice your deposit in exchange for yield!
In Extinction Pools, users permanently sacrifice tokens (100% deposit fee) in exchange for yield:
The entire deposit is sacrificed and not returned to the depositor
The extinction pool reward is given at a certain total rate for a certain duration
The reward can be any token, but there is a preminted J token supply for Extinction
The code has a toggle for whether pools use preminted or non-preminted J
Extinction pools do not affect the emissions of regular farms or pools
Unlike DinoSwap, our Extinction Pools can offer any token as a reward!
Extinction Pools can be strategically valuable in many ways:
Raises funds for Revenue Sharing
When the reward token is non-native, can be used to remove native tokens from the market
Can be used to reward ownership equity (JO tokens)
Can be used as a B2B service to remove partner tokens from the market
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