Chef Nobu energizing Enoki in the forest

Enoki Finance— Fruiting a Fair and Regenerative Ecosystem.

Enoki DeFi Club
Enoki DeFi Club
Published in
3 min readOct 9, 2020

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Enoki are thin mushrooms which decompose logs in the forest.

DeFi is ready for engaging games with novel tokenomics that reward the community for creating long-lasting, regenerative, open ecosystem. Enoki will inoculate DeFi with a new wave of extended-play players, investors and developers.

How do I farm $ENOKI?

The answer is… You can’t, directly.

Farm $ENOKI by collecting mushrooms and planting them with your staked liquidity. Each mushroom has a different lifespan, yielding rate and cost to evolve.

Here in the Enoki forest, you’ll need to farm juicy $SPORES and collect Mushroom NFTs to attract $ENOKI.

Mushroom NFTS

You can claim Mushroom NFTs instead of $SPORES when you join Enoki pools. More effective Mushrooms will be offered with riskier pools.

By rewarding hodlers with tangible trophies, $ENOKI will deepen its liquidity across diversity of exchanges before balancing the liquidity with its own market maker and rewarding $ENOKI holders with fees.

Trading & Collecting

Yes, you can trade the Slug and Mushroom NFTs on third-party marketplaces. However, we cannot guarantee return from your NFT beyond the tokens it implicitly entitles its holder. Please be reasonable and invest with caution.

Education for fun and profit

Players will discover facts about actual Mushrooms as they play in the Enoki forest. $ENOKI loves nature and wants you to feel its beauty and mystery.

Governed by the collectors

Collectables drive the mission of the $ENOKI ecosystem, rewarding its community for being a part of a long-lasting legacy in DeFi.

ENOKInomics

Inoculate and evolve

Enoki incentivizes diverse liquidity across multiple exchanges, starting with its $SPORE token. $SPORE is farmed in limited tranches, deflationary at its core, and its supply is only widened with a vote by $ENOKI holders. This ebb and flow gives Enoki a real heartbeat, unlike a typical junk-food farm.

A Market Maker with a heartbeat

Our yield pools award players based on an algorithm that $ENOKI holders vote on. $ENOKI holders give life to the game by making decisions about the protocol.

EnokiSwap will slowly rebalance liquidity from pools to favor of our Market Maker, but we will not be greedy about it. We wish to grow the forest, not clear-cut it.

Our social market maker is not only a cross-chain value exchange; it’s a protocol that allows NFT Collectors to realign their community with their collections. More on this later.

Welcoming all walks of investors

$ENOKI holders give life to the game by making decisions about pools output rates and incentives. To make sure our protocol ends up in the hands of the community, awards are set low for low-risk stable-coin pairs and grow towards pairs like $ENOKI-$SPORE pairs.

A Fair Launch with No Rug Pull Possible

Although our exact numbers have yet to be decided, we do want the community to know that we’ll be having a fair launch. No $ENOKI or $SPORES will be pre-minted to devs. All NFT, $SPORE & ERC-20 minter’s rights belong collectively to $ENOKI holders.

Contracts will be audited by Sumo Labs

Pre-mint

No $ENOKI will be available for presale. Devs will be pre-minted Slugs.

Pre-sale

Join our Discord and keep an ear out about how to get whitelisted to buy Spores ahead of time.

💬 Join our Enoki DeFi Club

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