$CIVILIZATION
CivFarm v2 Is Now Live
Find out what’s new released features
CIVians, the wait is over. CivFarm v2 is live!
The many new features and capabilities that CivFarm brings signals that Civilization is taking yet another big step toward true democratization — all of the new features were developed thanks to feedback from the community. Let’s take a look at what our developer team has cooked up!
Rewards lock
CivFarm’s initial launch was marked by a liquidity event that rewarded the first liquidity providers to the ecosystem. Rewards stakers and farmers accrued by the platform were available immediately. Although this rewarded users on one hand, it brought strong selling pressure to Stone on the other at the same time. This was part of the inspiration for the lock functionality we are rolling out in v2 of CivFarm.
- 10% of your yield can be claimed immediately, whenever you want.
- 90% must remain locked for six months from the time of claim.
Community believes this is a fair tradeoff, as it helps build more value to Stone and by extension, the community at large while giving stakers even stronger yield. We’ve updated the user interface to reflect these changes and make it easy for users to see the dates locked rewards will become available. Here’s a screenshot of the new interface:
Important:
In order to take advantage of the locking feature, you will need to migrate your position from our old (legacy) pools to new ones. You must complete this migration on your own. Legacy pool are moved on the bottom, while the new pools are placed on the top of CivFarm interface.
The migration will have to be done manually and cannot be done automatically because in no way is there a chance for the dev team to be able to access your funds.
Leaving your assets in these pools will mean that you stop generating rewards. Please move your assets to the new pool to prevent this from happening.
With the highly anticipated launch of CivFund and licensing our technology to several new and exciting projects right around the corner, v2’s rewards lock will only add fuel to the fire and strengthen #0NE all the more, benefitting all token holders and the larger community. We expect to see:
- reduced sell pressure of #0NE due to the lock function
- increased burn due to approaching the end of the mint period and continued adoption of our technology by other projects.
Further DAO insights and discussions will follow about #0NE role in CivFund and CivFarm additional enhancements in the coming weeks to define new direction for other matters. So keep an eye out for them!
New Version, New Pools — DAO Pools
The community expressed incredible interest in having DAO pools integrated into v2 of CivFarm — it was one of the most requested features to be added. DAO pools allow third-party projects to provide liquidity within the Civilization ecosystem.
In order for this to happen, the Civilization community will need to decide which projects to bring into CivFarm for a DAO pool via a CivFarm vote (0NE token holders — single Stone pool and Stone LP pools). Users from selected projects and communities will be able to deposit LP tokens of their native token and #0NE pairs to earn rewards.
First proposal will be released in the coming days. Stay tuned!
Turning Another Corner
We are happy with what we have developed in v2 of CivFarm and turning in the direction of truly realizing the democratization of space. As always, we welcome feedback and digestions to make our ecosystem even better and deliver financial solutions for all.
Keep an eye out for announcements about the release of CivFund, our greatest statement of freedom and prosperity for all, in the coming weeks. 2023 will be a time historians in the future will write about what we built together and how we changed the financial world.
Onwards and upwards, CIVians! #WeAreCIV
Join the Civilization Telegram group to discover our innovation roadmap
PS: To learn more about Civilization, please read our vision blog post:
About Civilization
Civilization is the world’s first Decentralized Investment Fund: owned and managed directly by its own users. Token $CIV: the Community Investment Vehicle.
Its CivTrade reached volume of $5 million in its first month, earning $1,718 extra per trade while saving -37.5% gas versus Uniswap. The ProView upgrade achieved functional equivalence with Binance, but fully DeX / DeFi.
Also branded the Burning Man of Finance, Civilization now plans CivFarm and CivFund, to make the benefits of Decentralized Finance accessible to everyone. Any questions? Please join the global Telegram group.
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