@ParryParry316 Users can select their signal providers when minting SGB Micro. They will also be able to change those signal providers at any time. However, rewards are shared between all holders.
SGBMicro will automatically wrap the SGB collateral and delegate votes to signal providers during minting. All rewards will be distributed proportionally back to the SGBMicro holders.
Our team is targeting a Q1 2022 launch of a 2-token system collateralized by SGB that allows users to earn yield in their wallet and provide unique arbitrage opportunities. Stay tuned for more info
#Songbird#Flare#XRP@FlareNetworks@FlareFinance@HugoPhilion @theREALpattyxrp
@XMoonshotz@FlareNetworks@FlareFinance@HugoPhilion @theREALpattyxrp Yes, a portion of the excess SGB Key will be airdropped to SGB holders. However, most of the excess SGB Key will be distributed to early adopters through the minting mechanism. There will be very large incentive to be one of the first few minters.
Our team is targeting a Q1 2022 launch of a 2-token system collateralized by SGB that allows users to earn yield in their wallet and provide unique arbitrage opportunities. Stay tuned for more info
#Songbird#Flare#XRP@FlareNetworks@FlareFinance@HugoPhilion @theREALpattyxrp
The two tokens of the system will consist of the following:
SGBMicro - transactional token fully collateralized by SGB that grows in your wallet via system transfer fee rewards
SGBKey - utility token that accrues rewards and is used to unlock collateral