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.