Fellow Krillionares,
We are happy to finally share our vision of Polywhale. We have just updated our roadmap, announcing what we have in mind for Q2.
Polywhale will soon be releasing:
- Lotteries.
- Launchpad.
- NFTs.
In that order, we will be implementing what will be the three new features of Polywhale. These features will power the Polywhale burn factory, and we will add to our existing farm-deposit burn-mechanism.
🔥 Burn Mechanism 1: Farming
Farming is at the core of Polywhale at the moment. It is our first feature and first burn mechanism. Almost every deposit that is in our farms has deposit-taxes. The majority of these taxes are being used to buy-back and burn KRILL.
You can read all about the current taxes here.
🔥 Burn Mechanism 2: Lottery
The second burn-mechanism we will be launching is the Polywhale Lottery, the first Lottery feature built on Polygon. The lottery will be a fun way for people to win KRILL tokens.
20% of all lottery proceeds will be burned. 80% will be given out in rewards. This is subject to change as we currently are improving the incentive structure. We will also be including the community in choosing between different fun prizes for the Lotteries.
An extensive article will be published with all details in due time. Read more about the Lottery here.
🔥 Burn Mechanism 3: Launchpad
We are pleased to say that Polywhale will be launching the very first Launchpad that is built on Polygon. This will probably be the biggest leap we have taken since our launch, and we can’t wait.
Polywhale will be working as a medium of fundraising for various projects that are building on Polygon, but also as an accelerator that helps with marketing, development and strategic planning for the new projects incubated through our Launchpad.
If you are currently developing a project on Polygon, reach out to us on launchpad@polywhale.finance. We will start reviewing projects shortly.
An extensive article will be published with all details very soon.
🔥 Burn Mechanism 4: NFTs
We are in contact with several designers to roll out the very first Polywhale NFTs.
We are still establishing the scarcity of the various NFTs, and if there will be utility associated with owning different NFTs.
An extensive article will be published with all details in due time.
To summarize
We want to thank all the loyal members of our community. This wouldn’t be possible without you. We can’t wait to show you what we are building. Separate articles of these new features, explaining each burn mechanism in detail will be released shortly.
We aim to cover all of your DEFI needs with Polywhale in the weeks, months, and years to come.
Sincerely,
The Polywhale Team
Official links
If you want to learn more about Polywhale, you can read our blog on Medium.
If you want to see our full roadmap, it’s available on Gitbook.
Website: https://polywhale.finance
Telegram: https://t.me/polywhalefi
Twitter: https://twitter.com/polywhalefi
Polygon: https://polygon.technology/
Twitter: https://twitter.com/0xPolygon
