Demeter Finance is Near.
1 min readApr 9, 2021
First off, we would just like to say that we are thankful that we are finally here. Demeter Finance is ready to see the light of day. We are a Goose fork, with Demeter added sweetness.
We hereby announce that we are finally ready to launch. Here are some important dates and times.
- Initial Liquidity Pool Starts 11 April 2021. 4:00P.M (GMT+0).
- Farms and Silos Block Rewards Starts 15 April 2021. 4:00P.M (GMT+0).
Now that we have the date out of the way, here are some of the features of Demeter Finance.
- We removed the nefarious Migrator function from our MasterChef contract. We say no to rugpulls too.
- A Timelock smart contract will be deployed after initial liquidity is supplied. It will own the MasterChef as well as DMTR token’s smart contact as well. The timelock is set at 24 hours. ANY changes to fees, minting, etc, will be publicly available knowledge 24 hours before it can even be effected.
- There is no hardcap for DMTR. BUT. DMTR’s emission rates will be cut frequently. The first cut will be four weeks from the start of block rewards.
- We are not just a yield farm. We intend on supercharging that yield. Up next on our roadmap is definitely yield optimization via autocompounding on lucrative pools to make it even more fertile!
- Low initial liquidity at 50,000 DMTR. Starting block rewards are at 1 DMTR per block.
- No developer pre-mine.
You may find out more from our pages as follows:
