Jan 23
Introducing PPO Yield 🧑🌾📈
prePO is excited to announce PPO Yield, which allows PPO holders to accumulate even more PPO over time!
With a new incentive to acquire PPO sooner rather than later, this program aims to attract new holders and increase engagement among existing community members. It also allows the team to focus on the core product, saving the fully-featured PPO Staking product for later in the roadmap.
The program is live now!
How to Participate 👇
1. Buy PPO at sale.prepo.io
2. Click the ‘Earn Yield’ button to start earning yield:
3. As you earn PPO yield over time, or whenever you acquire more PPO, you can compound it by clicking the ‘Earn Yield’ button that’ll appear!
FAQ ❓
Who can participate?
Anyone with PPO (after acknowledging the Legal Disclaimers below).
How long will the PPO Yield program last?
Whilst there is no guarantee on how long the PPO Yield program will continue, it would likely make sense to continue the program for as long as it serves to meaningfully drive key metrics such as sales volume, holder count, and platform usage.
Additionally, it is likely to be replaced by a more comprehensive PPO Staking program in future (around when token transferability is enabled).
What token will I be earning as yield?
PPO.
Will my tokens be locked up if I participate?
No. Tokens in the yield program can be withdrawn at any time.
Are there withdrawal fees?
No (except gas costs).
Are there additional risks to my PPO for earning yield vs. simply holding?
No (beyond the standard risks associated with interacting with new smart contracts).
How frequently should I compound my earned PPO?
There are diminishing returns on compounding more frequently.
For high APYs, you might consider compounding every 1 or 2 weeks.
For low APYs, you might consider only compounding once per month.
However, ultimately it depends on a variety of factors, including the current APY, how much PPO you own, gas costs, and your personal situation, and it is up to you to decide.
What is APY and how is it calculated?
In the context of PPO Yield, APY (annual percentage yield) is the current effective rate of return on all PPO currently participating in the program, accounting for compounding interest.
Is the APY fixed or dynamic?
Dynamic — the more PPO participating in earning yield, the lower the APY, since the same amount of rewards will be shared among a bigger pool.
Why do I see no PPO in my wallet after participating?
Your PPO is deposited into the PPO Yield contract in order to earn yield, hence it will no longer show as being in your wallet (however, the PPO deposited still belongs to you).
How do I withdraw from the PPO Yield program?
Withdrawals can be made at any time by calling the exit() function here.
What reward amount will be allocated to the program initially?
This will be determined prior to the start date based on the amount of participating PPO.
Will rewards allocated to the program always be the same?
Not necessarily — it is quite likely that rewards will be experimentally adjusted up or down over time with the goal of improving key metrics such as sales volume, holder count, and platform usage.
Do I need to claim my yield within a certain time?
There is currently no time limit for claiming your yield rewards. It’s possible that a final time limit may be introduced when the PPO Yield program is being replaced, but this will be announced ahead of time. In the unlikely case of an emergency where the contract needs to be halted, any unclaimed yield will be forfeited in this scenario as well (but deposited PPO will always be unaffected).
What is the PPO Yield contract address?
Legal Disclaimer ⚖️
The information provided in this article is for informational purposes only and should not be considered financial or investment advice. Any information provided is not a recommendation or solicitation to buy, sell, or hold PPO tokens. The information is believed to be accurate, but its accuracy or completeness is not guaranteed. The information is subject to change without notice and you should always obtain current information and perform your own due diligence before purchasing or using PPO tokens or participating in the PPO Yield program. Your use of the information provided is at your own risk.
Additionally, users must agree to the following terms on the site before participating:
You are not located, incorporated, or otherwise established in, or a citizen or resident of the United States, any OFAC-sanctioned country, or any other state, country, or jurisdiction where it would be illegal according to applicable laws to participate in PPO-related programs (including any PPO token sales or yield programs), and you are also not listed as a Specially Designated National by OFAC.
You will only participate in PPO-related programs, now or in future, if it is legally permitted for you to do so according to all applicable laws.
You understand that the purpose, benefits and functionality of the PPO token are determined by the prePO DAO and are always subject to change.You understand that the information provided or referenced on this site: is for informational purposes only and should not be considered financial or investment advice; is not a recommendation or solicitation to buy, sell, or hold PPO tokens, or to participate in any PPO-related programs; is not guaranteed to be accurate or complete; is subject to change without notice and you should always obtain current information and perform your own due diligence before purchasing or using PPO tokens or participating in PPO-related programs; is used at your own risk.
You have done your own research on the PPO token and PPO-related programs, and understand and assume the risks associated with purchasing and using the PPO token and participating in PPO-related programs.
If you cannot acknowledge the above terms of participation, please exit this website.
Happy yielding Pregens! 🙌
About prePO
prePO is a decentralized trading platform allowing anyone to go long or short on any pre-IPO stock or pre-IDO token.
prePO’s mission is to democratize pre-public investing — transforming a world of financial exclusion into a world of permissionless access.
