- A Letter to Harpy Community
Just now·4 min read
Dear community members,
Harpy Finance launched about 10 days ago and despite setbacks, everything went smoothly. At first, Harpy Finance should have been launched on Arbitrum, however, through voting, the community opted for the initial deployment of Harpy Finance on Polygon. We are aware that we have frustrated some people with this sudden change, however in the next few weeks we are coming to Arbitrum.
Through this blog post, we would like to talk a little about our ideas and plans for the ecosystem. Constructive criticism and opinions are always welcome. Let us know what you think via the #general channel on Discord. Good reading.
The deployment of Harpy Finance on Arbitrum should take place within 3 weeks at most. We hope to partner with new projects and attract more people to Harpy Finance. The distribution of HARPY tokens and other cryptocurrencies will start on the 1st of the launch of Harpy Finance on Arbitrum. Distribution will take place through yield farming. These are the pools that we have already defined for day 1:
- Deposit HARPY, earn HARPY
- Deposit HARPY-ETH, earn HARPY
- Deposit sHARPY, earn HARPY
Soon we will announce more pools on the 1st.
Furthermore, democracy and good governance are very important to us. Therefore, in February, governance must be implemented and project decisions will be handed over to stakeholders.
Harpy Finance will use Balancer or Sushiswap on Arbitrum as the official DEX for HARPY tokens.
As promised, within two days (until January 16th) we will deliver NFTs to ICO participants who have purchased an amount greater than 160 MATIC. This NFT will give you access to some exclusive pools. Make sure you have this NFT in your wallet, to be eligible to participate in the pools. The pools will be available after the NFT has been sent.
As a way of adding value to the HARPY ecosystem and following in the footsteps of the success of the Harpy Finance ICO, on December 28, 2021, we will soon be creating Harpy Launchpad. We have not yet defined a concrete design for the Harpy Finance Launchpad, but we can say that Harpy holders will benefit greatly from this new product, as they will have access to exclusive tiers in the launchpad pre-sales.
All project tokens released by Harpy Launchpad must be available for yield farming on Harpy Finance on launch day.
Take advantage of this time slot to earn as many Harpy tokens as you can through yield farming.
The dev team at Harpy Labs is also working on the development of sHARPY. Users will have the option to lock their HARPY tokens for a certain period of time. The longer the lock time, the more sHARPY the user should receive.
sHARPY will be used in the ecosystem for deposits into pools to receive cryptocurrencies as rewards. sHARPY pools will give greater rewards across the ecosystem.
The aim is to identify users who are loyal to the ecosystem and benefit them with greater rewards, while ensuring the liquidity of HARPY tokens in the market, avoiding greater sales pressures.
The Harpy Labs team is developing a new product — Lending & Borrowing. This new product will be the first to be released on Harpy Launchpad. We will not go into more detail about this project at this time, as the team is currently focused on developing a bridge for the transfer of HARPY tokens between Polygon and Arbitrum.
On the other hand, we can say that this new product will have a native token, without airdrops. The only way to obtain the token will be through pre-sale, through yield farming, or by buying it on the market after launch. Harpy holders will be able to deposit their HARPY tokens into pools to obtain the new token through Harpy Finance yield farming.
Note: Despite the native token, HARPY tokens will continue to be the only governance token for the entire ecosystem.
We must use Aave, as well as Harpy Finance’s new lending & borrowing protocol, to provide leverage yield farming for investors.
You can have an overview of our plans through the roadmap, which you can access by clicking here.
- Date of publication:
- Fri, 01/14/2022 - 13:30
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