Animal Farm Liquidity & Farm Launch

February 1 update – the launch will begin with a voice chat in their Telegram at 11am Eastern on February 3, then they’ll do a 15 minute countdown to the liquidity launch, and the farm will start 30 minutes after the liquidity launch.

January 31 update – farm delayed to Feb. 3rd.

Next layer from Manor Farm.

No contracts for review.

The team says they have a Paladin audit but it is not up on the Paladin site yet.

DETAILS

Animal Farm is a two token system
- PIGS is the governance token
  - PIGS can only be farmed with DOGS-BNB, DOGS-BUSD, DRIP-BUSD and DOGS single stake
  - No info on max supply
- DOGS is the native farm rewards token
  - 6% base take, 3% is sold for BUSD and paid to PIGS stakers, 3% to auto-liquidity
  - 3% additional tax on selling DOGS, all to burn
  - No info on max supply
Allocation of L1 liquidity:
- 60% will be paid out to PIGS stakers
- 20% will be added to PIGS liquidity through buyback
- 20% will be added to DOGS liquidity through buyback
3% referral commission
Layer 1 participants were able to swap their REV to PIGS and DOGS at a fixed rate, 20% higher than BUSD presale participants
Deposit fees (the deposit fees aren’t specified in docs and there are no contracts to check, but Layer 1 had 6% deposit fees for non-native pools, 4%for non-native LPs and 0% for natives)
- 75% are converted to BUSD and paid as rewards to PIGS single-stake participants
- 15% to marketing
- 10% to platform fees
Delegated farming proceeds:
- 30% to buybacks
- 30% to marketing
- 30% to development
- 10% to platform costs
Dynamic emissions to adjust the rewards based on price (low price – less rewards, high price – more rewards)