We’re proud to introduce Bear Yield: Genesis, a collection of 100 yield boosting cards that will be the first of many collections we’ll release over time.
Genesis will sell for a price of 1 ETH each and 12 of them will be reserved for partners, giveaways and contests. This will bootstrap the safety buffer on the treasury with 88 ETH.
These cards will grant the following benefits to holders:
Staking Platform
Genesis cards grant users early access to our platform guarded launch and yield boosting abilities. We will launch with ETH, DAI, USDT and USDC vaults, holders will be able to boost one vault per NFT and boosts will stack. Boost percentages determined by number of users staking, number and age of collection, number of NFTs, and stats on each individual NFT.
Yield Games
Play games and take actions on behalf of the protocol in order to gain additional yield bonus on your NFT. PVE games will allow players to bet yield multipliers against the treasury buffer with reasonable limits set by our policy team. PVP games will allow players to bet yield multipliers against each other. This will be gradually rolled out as we achieve the user base and treasury critical mass that will allow for a consistent experience.
Voting
We will feature artists in the space with our future launches. Genesis holders will be able to vote on which artists to commission work from. If your vote wins, you will get a percentage of the sales volume from the next launch as well as a boost multiplier increase on your NFT.
The system will be managed by our policy team to ensure that the base protocol can handle 10% yield generation for a targeted 4-year runway. We believe that this is enough runway to protect against black swan events and market downturns.
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