Totem Finance , Proposal on making Totem much more sustainable in the long-term
We are here to propose on creating much more TOTEM base pair farm and remove some of the low liquidity farm.
Our current total multiplier is (104.5X) and only total of (65X) go to TOTEM base pair.. We are now planning to propose on creating more TOTEM base pair and remove some of the low liquidity farm/pool.
Our Proposal
Current Farms ;
- TOTEM-FTM 40X
- TOTEM-DAI 15X
- SPIRIT-FTM 8X
- FTM-USDC 8X
- WETH-FTM 3X
- WBTC-FTM 3X
- BNB-FTM 2.5X
- YFI-FTM 2X
- JUST-FTM 1.5X
- ZOO-FTM 2X
- GRIM-FTM 2X
- HODL-FTM 1.5X
- BUTT-FTM 1X
- SHIT-FTM 0.5X
- BSCR-FTM 0.5X
- SINGLE TOTEM 10X
- SINGLE SPIRIT 3X
- ZOO 1X
Our proposed new farms;
- TOTEM-FTM 40X
- TOTEM-USDC 15X
- TOTEM-WETH 10X
- TOTEM-BNB 3.5X
- TOTEM-BSCR 2X
- FTM-USDC 5X
- SPIRIT-FTM 5X
- WETH-FTM 3X
- WBTC-FTM 3X
- GRIM-FTM 2.5X
- HODL-FTM 2X
- BUTT-FTM 1X
- SINGLE TOTEM 8X
- SINGLE SPIRIT 1X
- SINGLE USDC 1X
- SINGLE ZOO 1X
This change will surely affect the TVL, but we are here at Totem Finance are more concern about keeping the Inflation low and making the farm much more sustainable. User must understand that 26500% APR = Unsustainable.. We need to create a sustainable Yield Farming that benefit both liquidity provider and Totem holders ;
This is our upcoming plan/roadmaps to help $TOTEM ecosystem grow!
Priority
- Stake-to-earn other token (partners)
- GTOTEM (Governance Totem token) , this token can be used for exclusive farming, IFOs and Governance purposes
- Lottery
- IFOs
- Sacred Poles
- BSC Bridge
- Auto Compound Totem