1/ Starting tomorrow, we are thrilled to announce that the rewards on the $CRP-$SOL pair will be in form of options .
06 Jul 2022, 10:22
1/ Starting tomorrow, we are thrilled to announce that the rewards on the $CRP-$SOL pair will be in form of options ! The options are as follows:
- American style
- Strike price of 50% of the $CRP token price at the farm start
- 3 months expiry
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2/ With the goal to reduce the emission of our native token to a minimum while still ensuring positive user benefits and a fair swapping price, we came across the perfect solution: options.
3/ This initiative's key advantages are better alignment with liquidity providers’ incentives and a reduction in farming-and-dumping, since the token price must be above the strike price in order for holders to profit.
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