Community Finance Whitepaper
  • Whitepaper Overview
  • Roadmap
  • Protocol Overview
  • Basics
    • Welcome to Community Market
    • Useful Resources
  • Limitations on Current Stable-Swap Protocols
    • Impermanent Loss
    • Capital Inefficiencies
    • User Experience
    • User Benefits
  • Enhanced Features
    • Auto-Allocations
    • Auto-Balance
    • Auto-Compound
  • Stableswap Details
    • Asset Liability Management
    • Liquidity providers
    • Asset listing & Governance
  • RY - REALYIELD
    • Utility
    • Token Details
  • veRY - veREALYIELD
    • Utility
    • Token Details
  • Liquidity Mining
    • Liquidity Pool Fees
  • Incentives
    • Liquidity Incentives
    • Swap Incentives
    • Partner Program
  • How to use Community Market
    • Providing Liquidity
    • Swapping
      • Asset Swaps
      • Exchanging Tokens
    • Liquidity Mining
      • Preparatory Steps
      • Import $RY as a custom token
      • (I) Deposit and Staking LP Tokens
      • ​ (II) Collecting Rewards & Withdrawing Liquidity
      • Withdraw in other asset
      • (III) Stake Your NFT To Farm $veRY
  • NFT OVERVIEW
    • The Yield Ones
    • Collectible Value
    • Levels
    • Types
  • NFT Fundamentals
    • Web3
    • NFT Market
    • Ownership
    • The Future
  • FAQ
    • Frequently asked questions
      • What will be token for Community Market?
      • What markets is the $REALYIELD token traded on?
      • Other questions?
      • Which wallets can I use to swap on Market?
      • What happens if one of the coins in a pool loses its peg?
    • Other questions?
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  • Burn to level up
  • Airdrop Allocation
  1. RY - REALYIELD

Utility

$RY is burned to level up the Yield Ones NFT.

There won't be an initial offering for $RY (REALYIELD tokens). $RY will be airdropped to genesis Yield Ones NFT owners.

Burn to level up

$RY has deflationary burn mechanics. The supply of $RY is not fixed or limited. The token is "burned" to level up the Yield Ones.

The Yield Ones NFT and its level will determine the amount of $veRY (voting escrow token) the user earns per hour.

$veRY is non transferable and the amount a user owns is reset to 0 if the Yield Ones NFT is unstaked from the platform.

$veRY will determine the rewards the user obtains from their staked stablecoins.

Your amount of $veRY and your generation capability of $veRY will determine the APR of your capital yield.

In summary, the higher the level of your Yield Ones NFT, the higher the APR you can generate on the platform.

Airdrop Allocation

The token generation event for $RY will precede its airdrop distribution to holders of the Yield Ones NFT.

We will perform an undisclosed snapshot of Yield One's owners before the airdrop.

This may happen in Q2 2023. After this snapshot, holders of the Yield Ones will be airdropped a base allocation of $RY.

We will add $RY to that base allocation. This additional amount is determined by the amount of $RY you may have earned by contributing to the community in the months before the airdrop event.

You can participate in our marketing initiatives in order to increase your allocation of $RY in our Crew3 questboard, amongst other mediums.

You will need to mint and own a Yield Ones NFT to receive the airdrop.

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Last updated 1 year ago

To join our Crew3 questboard, follow this .

link