Pandayield 02/19 Update

Pandayield will go through an update starting on 02/22. We are bringing something you like, something you deeply want, something that will leverage Pandayield.com.

First of all, Timelock!

As we are modifying the Smart Contract, the timelock will be triggered. It means that we are queueing some transactions, and it will take 12 hours minimum to be executed.

The timelock is a layer of security and proof of legitimacy from the team behind a project. Its primary use is to lock a smart contract, precisely some functionalities on an application for some time, in our case, for 12 hours minimum.

Deeper timelock set info:

• 14 days grace period
• Minimum delay 12 hours
• Maximum delay 30 days

So on Monday the 22nd of February, if you see a timelock trigger alert on Pandayield, don’t be alert; we are updating.

( Pandayield 101 — Timelock explained will be released soon)

Now, the update you are waiting for…

New Pairs Pools = New LPs

This update is mainly focused on adding New Pairs Pools to the Farms page.

These new pools will be divided into three categories:

• BBOO
• BNB
• BUSD

BBOO category contains BBOO pairs.

BNB category contains BNB pairs.

BUSD contains BUSD pairs aka the Stable category.

What you can expect to be added:

BNB related

BNB-BBOO / BNB-BUSD / BNB-BTCB / BNB-ETH / BNB-DOT / BNB-USDT / BNB-DAI / BNB-SXP / BNB-LTC / BNB-ADA / BNB-ATOM / BNB-LINK

BUSD related

BUSD-BBOO / BUSD-BNB / BUSD-BTCB / BUSD-ETH BUSD-DOT / BUSD-USDT / BUSD-DAI / BUSD-SXP BUSD-LTC / BUSD-ADA / BUSD-ATOM / BUSD-LINK

For the BNB and BUSD — related Pools, the multipliers will be much lower than those for the BBOO pools.

Lesser risk, lesser rewards. Higher risk, higher rewards.

Furthermore, the strategy by lowering the multiplier on those is to give an advantage to users who join the project using BBOO.

Layer of Fairness

We are precisely adding 21 pairs. However, we won’t release all of them at the same time for fairness purposes. We want to let each user have a chance to be the first to step into a pool. As our users are from different timezones, we decided to release three per three pools and cover the whole globe with this releasing strategy.

Now, remember we said that we have a 12 hours minimum timelock, but we have decided to execute each transaction at an 18 hours pace.

In this case, one transaction = Adding 3 Pairs Pools.

So, it will go like this: One transaction executed — 18 hours later — One transaction executed — 18 hours later — One transaction executed — 18 hours later until all the pairs are added.

Update timeline:

Queueing the transactions on Monday 02/22

Adding the Pairs starts on Tuesday 02/23

Adding Pairs pools finish 5 and a half days later.

If you have some suggestions for the team head to the proposal page!

Want to join an awesome and dynamic community?

Right here > https://t.me/PandaYieldd