Boardroom
** PLEASE NOTE THIS INFORMATION IS NO LONGER VALID **
Please note that the Boardrooms are closing 01 July 2022. You can move Static and Charge LPs to new farms and stake $Charge for % of Bloomify performance fees.
Own a portion of the project and create buy pressure for $Static by utilizing the Boardroom. Both pools will reward $Static (when price is above peg). $Charge is always rewarded.
While $Static TWAP (Time Weighted Average Price) is above $1.01:
- Staking $Charge in the boardroom will reward you with $Static every epoch (8 hours)
- Staking $Static-$BUSD LP’s will reward you with $Static and $Charge every epoch (8 hours)
While $Static TWAP (Time Weighted Average Price) is below $1.00:
- Staking $Charge in the boardroom will NOT reward $Static.
- Staking $Static-$BUSD LP’s will only reward you with $Charge each epoch, NO $Static.
🔐 Lockup: When you deposit, your stake will be locked for 6 epochs (48 hours). Pool rewards can be manually claimed after 3 epochs (24 hours). Claiming rewards and/or additional deposits will reset the 6 epoch (48 hour) lockup timer on your deposit. You must wait for the timer to end before you're able to Withdraw your funds, or Claim rewards.
It's recommended to take profits regularly when you reinvest your rewards.
Last modified 10mo ago