VyFinance
Reminder. VyFinance farming starts on May 29th. Good chance to earn some yield.
Minswap Farm Rebalance
Check out the farms on Minswap. They have added a few memecoins and adjusted a few other tokens.
Axo Airdrop Claim Live
If you were part of that ISPO for Axo Trade (Maladex), you can claim your tokens after completing KYC. There is a vesting schedule so be sure to check out all the details.
YamFore Important Update
Yamefore released a medium article on their token vesting schedule. Here are the main details:
Tokenomics drive protocol usage; Yamfore's token, $CBLP, is critical.
Over 75% of fixed $CBLP tokens allocated for community distribution.
No insider token allocations for venture capitalists or private firms.
Team vests ad-hoc from 5% $CBLP Misc allocation for auxiliary costs.
Token distribution tracked via ADA handles for transparency.
50% of $CBLP for treasury, 25% for community, 5% for Misc, 1% airdrop, 5% NFBO, 19% team.
Vesting: two unlocks, Oct 2023 and 2024, distributing 165 million $CBLP.
The backend developer Sean Sivakumaran is leaving the Yamfore team. His departure was due to creative differences.
Before leaving, Sean had contributed many months of dedicated work to the project, often at significantly reduced pay. As a result, the team decided to give him an early payout of his token allocation.
This consisted of 25 million $CBLP tokens and it was provided without a fixed vesting schedule in place.
To regulate his sales of the tokens, Sean has put a self-imposed limitation of 3-6 million $CBLP tokens per month. However, this limit is self-imposed and could change at Sean's discretion.
Community members can track all of Sean's sales through his main wallet address.
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