iGOV Yield Farming and Airdrop

This is a huge week for $iFUND, meeting many milestones right as the market really heats up.

iGOV:

Our new $iGOV token will be in control of funds and critical platform features. After an initial airdrop to iFUND holders, new tokens will only be issued through staking or yield farming.

iGOV will have a fee-on-transfer and yield farming has an early unstake penalty of 2%. Both of these fees will be put directly under the control of iGOV holders.

iGOV Distribution:

• Initial supply: 500 $iGOV
• Air drop amount: 427 $iGOV
• Monthly inflation: 100 $iGOV

Airdrop:

Anyone who had an $iFUND balance of 2000 or more tokens on November 18th at block number 11286500 will be eligible to claim one (1) $iGOV token.

This will only be available to claim for two (2) weeks. This time limit helps ensure people who are paying attention to the platform are more likely to be rewarded.

Yield farming:

A total of 100 iGOV tokens and 330k iFUND tokens will be awarded to stakers and liquidity providers each month. Both pools will give double rewards the first month.

Pool 1 : $iFUND pool
Users can stake $iFUND tokens to get their share of 25% of the total rewards.

Pool 2: iFUND / ETH LP pool:
Users can stake iFUND/ETH LP tokens to get their share of 75% of the total rewards.

Claiming Rewards and Unstaking:

Both pools have an early unstake penalty of 2% which affects the amount staked, not the rewards.

This penalty applies to anyone who unstakes their coins within 30 days of their most recent staking or unstaking action. Claiming rewards can be done at any time, and does not reset the 30-day timer on the penalty.