Songbird Micro

Providing Yield and Arbitrage Opportunities for your SGB in the safety of your own wallet

[Songbird Micro @SGBMicro]

@cryptolewlew Someone doesn't know how the technology works...

[Songbird Micro @SGBMicro]

@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.

[Songbird Micro @SGBMicro]

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.

[Songbird Micro @SGBMicro]

@JohnDooooooooo @FlareNetworks @FlareFinance @HugoPhilion @theREALpattyxrp FLRMicro is also in development.

[Songbird Micro @SGBMicro]

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

[Songbird Micro @SGBMicro]

@XMoonshotz @FlareNetworks @FlareFinance @HugoPhilion @theREALpattyxrp We are aiming for early Q1 and minting is done via Metamask at the moment

[Songbird Micro @SGBMicro]

@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.

[Songbird Micro @SGBMicro]

@OneSoldier3 @FlareNetworks @FlareFinance @HugoPhilion @theREALpattyxrp No we are not affiliated to @FlareFinance, but we plan to get both SGB Micro and SGBKey into Flare Finance liquidity pools.

[Songbird Micro @SGBMicro]

@CaneCrypto @FlareNetworks @FlareFinance @HugoPhilion @theREALpattyxrp We will be releasing our official documentation in the coming weeks. Stay tuned.

[Songbird Micro @SGBMicro]

@CyrptoInvest @MrFreshTime @FlareNetworks @FlareFinance @HugoPhilion @theREALpattyxrp @Santiag78758327 The system will wrap and delegate your SGB automatically and distribute those rewards directly to your wallet.

[Songbird Micro @SGBMicro]

@CyrptoInvest @MrFreshTime @FlareNetworks @FlareFinance @HugoPhilion @theREALpattyxrp @Santiag78758327 We currently do not support WSGB, but I will bring this up to the development team.

[Songbird Micro @SGBMicro]

SGB Micro is collateralized by SGB a rate of 1000:1. This presents an easy arbitrage opportunity if the price of SGB Micro deviates from this ratio.

[Songbird Micro @SGBMicro]

@limzhongyong @JonasPersson37 @MrFreshTime @FlareNetworks @FlareFinance @HugoPhilion @theREALpattyxrp @Santiag78758327 SGB Micro rewards will be generated from a .625% transfer fee and distributed proportionally to all SGB Micro holders at the time of transfer. A daily transfer volume of 30% of total supply would yield a 40% APY on SGB Micro. SGB Key also earns yield.

[Songbird Micro @SGBMicro]

@JonasPersson37 @MrFreshTime @FlareNetworks @FlareFinance @HugoPhilion @theREALpattyxrp @Santiag78758327 Yes, SGB collateral will be auto-delegated and distributed across all SGB Micro holders directly to their wallets. There is no need to periodically collect, your balance will automatically update.

[Songbird Micro @SGBMicro]

@MrFreshTime @CommunityFlare

[Songbird Micro @SGBMicro]

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

[Songbird Micro @SGBMicro]

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