The Lost World takes a Journey to MATIC

Ian Malcom
jurassicfarm
Published in
3 min readApr 30, 2021

We will start by saying that we appreciate our community's loyalty and that you’ve stuck with us all this time.

Most of you are aware of the issues we had obtaining a solidity developer to build out our v2 model. We are confident that the v2 model is well thought out and if executed, would work but we simply do not have the resources to execute this vision. The team is happy to hand off the v2 plans to any development team that wants to pursue them.

Most of you are aware with the decrease in attractiveness for BSC Farms. We believe that this environment coupled with our ability to easily move to MATIC, creates the best solution for DINOv2.

Moving to MATIC — FAQ

(1) I have only ever used BSC, how do I access MATIC and how does it work?

Your MATIC wallet address will be the same address you use for BSC.

Connect to MATIC via metamask as folows (https://docs.matic.network/docs/develop/metamask/config-matic/#:~:text=To%20add%20Matic's%20Mainnet%2C%20click,Network%20field%2C%20click%20on%20Save.)

The exchange commonly used for MATIC is: https://quickswap.exchange/

(2) How will the farm work on MATIC?

The DINO farm on MATIC will be very similar to DINOv1. We noticed some issues with DINOv1 specifically related to the emissions. We will be dropping the total distributed supply and adjusting the weights to lessen sell impact.

We will offer the standard farms of DINOv1:

  • Raptor/BUSD, RAPTOR/BNB, Stable Pairs (USDC/USDT), and single token pairs (Including RAPTOR)
  • All farms will have RAPTOR token as emissions
  • Stable pairs and single token farms will have a 4% deposit fee. The deposit fee will be split as follows: 0.5% to all DINOv1 snapshot contributors, 1% to dev wallet, 2.5% to buyback tokens on market, create liquidity, and burn . Unlike all other farms, our buyback and add liquidity then burn function will be fully automated
  • Similar to our DINOv1 model, we will also burn the emissions sent to the dev wallet of RAPTOR. This remains a manual process.

(3) I sent my DINOv1 to the dev wallet for the snapshot, what happens to it?

We understand that this is not the situation everyone wanted. The fact is that we are trying our best to stand by our early supporter even though we cannot execute our original v2 vision.This solution while not perfect, will reward DINOv1 snapshot holders and allows the DINO model to live on.

All of the BUSD funds in the dev wallet will be distributed back proportionally to each wallet that sent DINOv1. This farm will not use Vaults or a DINOv2 token, instead DINOv1 snapshot contributors will receive fees from the new farm.

(4) When are you planning to launch and how will DINOv1 snapshot participants receive fees?

We want to make sure the UI is working and everything is in order. We are currently on track to launch Monday.

We will distribute the 0.5% fee to DINOv1 snapshot holders using disperse app weekly. The fees will be sent to a separate wallet where they can be publicly seen on the blockchain.

We have a breakout of all DINOv1 snapshot contributors by % and will use this for distributions.

Hope this helps answer some questions related to our MATIC launch. Happy to answer anything further in the Telegram.

Website: https://www.jurassicfarm.app/farms

Telegram: https://t.me/JurassicFarm

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