Blueswap Blackswap ANN | Palette Finance

2021-05-13 18:07:02 Reconstruction Done!
NEW LISTING : GREEN-BUSD, PURPLE-BUSD on normal pool Open / Comment

2021-05-13 17:59:15 Plat pool reconstructuring is now going on. Open / Comment

2021-05-12 18:17:36 Refresh! BSC seems laggy now but you'll see new burning pools Open / Comment

2021-05-12 18:10:48 Okay it's going up Open / Comment

2021-05-12 18:01:15 Now all the old burning pool's are moved to the "inactive' tab.
New pools will appear soon. There's lag on bsc so it will take a few minutes. Open / Comment

2021-05-12 16:51:10 Merged brushed pools are not dissapearing. Just the allocation points are going 0. So you can still harvest your locked reward after the period ends. Also, you can withdraw and deposit without fee since we have 0% fee policy now! Open / Comment

2021-05-12 16:43:48 Since APR of Plat farm is getting lower than we thought, our core team decided to conduct certain critical measures to make Platinum Farm more attractive for the new users.

We've previously announced that reconstructing of the farm will happen next week but seems it should be done as soon as possible. So we've decided to make it happen tomorrow 3pm UTC.

A few big things will be changed.
1. Merging of Brushed pool with Normal pool to boost APR on all color pools.
*THESE pools will also be DELISTED on Normal pools : DOT, ETH sole pools
2. Block reward will be temporarily increased to 1
3. Instead, lockup will get longer (72hrs => 1 week) and rate will be also 50% to prevent abrupt inflation. Please HARVEST BEFORE due time to prevent unexpected lock up rates on the unharvested interest.
4. To burn more $PLAT, PLAT will have bonus on the wormhole coming up next week. Open / Comment

2021-05-12 15:56:58 https://t.me/blueswapann/406

We've previously announced that new burning pool will have it's lifetime and new rules.
Today, we'll delist (making allocation points to 0 ) old burning pools on Platinum layer and list new pools at the same time.

3 NEW POOLS (wallet cap=5% of max cap to prevent monopoly )
max cap and multipliers are adjusted according to their price to make similar APR when filled. (+ gave a little boost to the blue pool)

BLUE : max cap 15000, X40 multiplier
PURPLE : max cap 50000, X12
PLAT : max cap 25000, X25 Open / Comment

2021-05-12 15:24:32 Fellow Painters!

To promote the burning, New burning pools will have new rules starting from the new pool today 3PM UTC!

1. From now on, burning pools will have a lifetime.
2. Each pool will have a life of 1 week.
3. When a pool dies, it will be replaced by the next burning pool.
4. 3 randomly selected pools will appear from the colors
$BLUE $PURPLE $GREEN & $PLAT
5. All burning pools are max-capped and max-wallet capped.
6. Deposit fee decreases by 2% everyday as expiry date gets close. (when pool is not full)
7. Max-cap will be decided according to the current price

How does the new rule help?

Higher yield and more reduction of supply on a weekly basis for the early painters weekly. And fairer fees as the days goes. Open / Comment

2021-05-11 12:12:04 Currently , there's 80000 Locked in the vault. Which means if you've put 40000 $PLAT when it started, we'll at least get 5500$ in a week.
If you boosted, much more! Open / Comment