The Free Community Farm ends in several hours at UTC 23:59 - Don’t forget to unstake NEAR. We had planned to have the $Ref, $stNEAR and $Banana phase2 (p2) pools ready, however we were delayed in delivery. We are now awaiting an audit that could take several more weeks to a month before deploying these pools to MainNet.
The p2 contract is actively being tested on TestNet and can be found here: https://test.cheddar.farm
With this in mind, we would like to propose a plan to keep farmers engaged while awaiting the full audit. We propose for the Cheddar DAO to approve a limited engagement of the p2 contract to Stake Cheddar → Farm Cheddar on MainNet. This is a low risk measure as Cheddar does not presently have a value and it also meets two objectives:
Allows farmers to use their freshly minted Cheddar to stack more Cheddar
Battle tests the p2 contract prior to the audit
Here are the pool details:
Stake: Cheddar
Farm: Cheddar
Duration: 20 days after launch
Emissions: 0.28 Cheddar per minute
Please let us know your feedback and thoughts on this proposal, if there is enough positive support we will officially submit a proposal to the Cheddar DAO.
This is a beautyful Idea to bridge the time until the new contracts are audited! Great opportunity for early farmers to stake their $Cheddar farming more Cheese!
It sounds like an easy way to play around with cheddar.
One thing to report while un-staking was that it took several attempts to unstake everything, it seems like it did one pool at the time. I almost walked away after the first confirmation, but realise that it unstaked around 10% only.
