Staking Pool Update
#crofam – Less Than 13 Days Remaining in current
$FILLL Obsidian.finance Turtle NFT staking pool!
We’re excited to share the latest update as we approach the final stretch on the existing pool. As of today, our NFT contract holds 6,660
#CRO, and here’s how it will be allocated:
• 20% (1,332 CRO): Allocated to the Obsidian Staking Pool with a 3-4 month term, rewarding our dedicated stakers.
• 25% (1,665 CRO): Directed to treasury/build funds. We’re actively working on enhancing our staking pool with onsite analytics, including total stakers, total staked, total earned by user, to date, this year, and other data requiring API integration. We’re also exploring a leaderboard system and user profiles, which demand more complex coding and backend storage. While our developer is currently occupied, some of these funds may temporarily support our XVVS Lion Mine.
• 5% (333 CRO): Used for buybacks of
$TURTLE, sent to turtlestaking.cro to top up our annual
$TURTLE staking contracts.
• 25% (1,665 CRO): Designated for liquidity burning, paired with an equivalent amount of
$TURTLE from turtle minting funds in our
@VVS_finance WCRO/TURTLE pool.
• 25% (1,665 CRO): Allocated to the team (funds already spent).
What’s Next?
• Obsidian Staking Pool will be topped up 7 days before the current pool closes and starts immediately after.🚨ANY additional mints will boost the rewards for this upcoming pool, so now’s the perfect time to mint and contribute!👈
• We’re nearly one month into our 6 month Flex-to-Earn program. This CRO pool will sustain us for the next 3-4 months, allowing us to plan the next Obsidian Pool and decide on renewing Flex-to-Earn.
• Additionally, 25% of royalties will support either Flex-to-Earn or CRO earning pool moving forward.
• Until incentive allocations exceed flextoearn and obsidian staking pools costs, funding these will be the primary focus of incentives.
Staking
$TURTLE native on our site has been live and is funded for 3 years, and will remain 3 years funded post mint with turtle minting funds if necessary.
Thank you for your support! Let’s make the most of these final days and keep building together.