Introduction to smol economics

Smol.finance
smol.finance
Published in
Nov 13, 2020

It’s time to begin unveiling the foundations of the economic system we’ve been building for the last 49 days. We’re excited to announce that our first two staking pools will go live at 9:00 PM Eastern Standard Time.

  • SMOL/ETH LPs staked for TING
  • SMOL staked for TING
(*) : Price at time of writing, LP token’s price is subject to change relative to SMOL price.

The above table shows the max stake of both SMOL and SMOL/ETH LP, emission schedules, and prices of the NFTs. Wallets will be capped to ensure it is a fair launch. You are able to stake both SMOL and SMOL/ETH LP from the same wallet.

What do these initial NFTs do?

Our initial NFTs are the first building blocks in creating your own TING emission system. When staked, they will each provide a 20% boost to the emission of TING to a select staking pool.

Copper boosts SMOL pool
Neon boosts LP pool

If you have any additional questions about the economics of the project reach out to us on twitter or join smol tok. We’re always happy to discuss the project with interested developers and farmers alike!

Disclaimer — SMOL is a community-driven project that is always evolving. We are building a system that uses NFTs in a new way that will require the ability to learn, grow, and change as a community while we build. While we have done extensive testing, there is still a risk for a smart contract vulnerability. Please take this into account when determining your financial risk.

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