PUB.Finance’s Symbiosis upgrade will make $PUB deflationary while yield farming!

PUB.Finance’s Symbiosis upgrade will make $PUB deflationary while yield farming!

By DaniBom | danibom | 19 Oct 2020


The pub.finance team announced last week a system upgrade that will come into effect in a few days (October 23).

"The Symbosis upgrade will transition PUB from its current state as a high-inflation yield farming coin into an aggressively deflationary yield farming ecosystem."

This upgrade will happen after a token swap and the new token design for $PUB will have a combination of community-governed flexible yields, unstaking and transfer taxes/burns, and tiered rewards for LP token staking lockup

This new system aims to achieve a state of deflation, reducing sell pressure and total supply over time, while keeping the LP incentivized with high yields.

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Locked LP token staking rewards are on a sliding scale, where farmers are eligible to receive additional reward streams if they choose longer voluntary lockups.

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DaniBom
DaniBom

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danibom
danibom

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