Chapter 6: Tom’s House

Greetings my Huckleberry friends!

Finn again! As most of you are aware, I am perfectly content passively sailin’ on Huckleberry’s many rivers. But sometimes, even I must admit, that it is nice to take small shore excursions to explore all that Moonriver has to offer.

As such, I am happy to announce to you all that Huckleberry’s Excursions, or single-sided $FINN staking, is just around the corner!

Tom’s House

Tom is one of my closest friends. By visitin’ Tom’s House, all drifters can stake $FINN to receive $TOM.

Because this is single-sided $FINN staking, there is no impermanent loss. Because the pool of $FINN backing $TOM continually grows thanks to both Passive Sailin’ and a portion of Huckleberry DEX fees, $TOM has the potential for never-ending growth (Tom always was one to come up with imaginative schemes)!

Excursions

After countless hours sailin’ Huckleberry’s Rivers, some drifters might feel the need to take a short excursion ashore to discover the plentiful mysteries of new surroundings. Huckleberry’s Excursions lets drifters stake $TOM to earn $FINN or other projects’ tokens.

$TOM makes these kinds of single-sided staking pools feasible since $TOM is not subject to Huckleberry’s Passive Sailin’ function. In other words, $TOM transactions are not subject to a 1% reflect. This also makes $TOM more suited to certain day-to-day activities, such as formal governance, that will come to Huckleberry in the future.

$FINN, $TOM and tradin’ volume

As a decentralized exchange, Huckleberry’s value is in its ability to facilitate direct drifter-to-drifter cryptocurrency transactions. A fundamental component of this is tradin’ volume. Put another way, a decentralized exchange’s tradin’ volume is directly tied to its value. $TOM takes things a step further by directly tying Huckleberry’s tradin’ volume to the value of $FINN, as $TOM receives 0.05% of all trades made on Huckleberry.

Huckleberry’s Rivers are also gradually driftin’ towards usin’ dynamic reward multipliers. These dynamic reward multipliers make it possible to maintain healthy APRs to improve trading volume. They also make it possible to reduce or even close Rivers that are not increasing the value of Huckleberry and $FINN.

Dottin’ the i’s and crossin’ the t’s

All drifters will continue to be incentivized to hold $FINN. Makin’ it worthwhile to hold $FINN has been one of Huckleberry’s goals from the very beginnin’. This is exactly why we launched with a Passive Sailin’ function, where 1% of all $FINN transactions are automatically shared between all $FINN holders, proportional to their holdings. $TOM gives drifters yet another reason to hold $FINN, as more of Huckleberry’s emissions will be spent on growin’ tradin’ volume, and therefore on growin’ the value of $FINN.

Prior Writin’

• Prologue: There’s such a lot of world to see
• Chapter 1: The little things
• Chapter 2: Airdrops
• Chapter 3: How to trade on Huckleberry
• Chapter 4: How to add and remove liquidity
• Chapter 5: Airdrops Part 2

Let the river guide you

Let the river guide you

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