Nov 24, 2022
Staw.Finance: EarlyBirds Campaign & Governance Plan.
Staw.Finance is an independent community-served protocol, facilitating $WAVES scarcity, tokens stakes, credit facility and commodity market at defined entries.
Staw.Finance is a tech development of BFI Fishfactory LTD. We saw a need for a rebranding as we explained 👉here. Also, the STAW (scarcity) token was created (12th Nov, 22) as the governance token for its ecosystem. And this gave us the chance to enter the 👉WX.Network Token contest as well.
Now, let get into the details of governance plans and early-bird outreach. As an independent project on waves, we need a community to drive this utility and we are inviting you🙏.
Our top-most goal is to create a secondary level-scarcity for $WAVES and generate value on waves blockchain via the staw.finance project.
What is STAW ➝ STAked Waves.?
STAW is the governance token of Staw.Finance. It creates a secondary level-scarcity for $WAVES via defi-staking. By staking, we mean locking WAVES within users wallets via a dApp interaction to mints STAW tokens at defined Ppy & Sf*. 👉Read More on Forum
⚠️The $STAW token has not been launched and not in circulation. STAW shall be released according to roadmap and dapp release
STAW is scheduled for official launch, when the release of scarcity dapp is public. STAW will govern the future of app.staw.finance dapp. DAO proposals will be taken via voting (these decisions shall include token listing, and update to protocol changes and configurations).
🔥EARLYBIRDS: APPLY & SHARE IN 200,000 STAW
As we seek WAVES scarcity, only an initial 5 million of STAW will be emitted. And its circulation is based on community scarcity actions, until there is a governance demand.
Importantly:
It will take an average of 423 days locking of 1 WAVES to mint ~1 STAW token without the Scarcity factor. EarlyBird participants will share 200,000 STAW via this application. Any applicant can access up to 17.32734 $STAW per wallet immediately, depending on their Waves committal — without scarcity factor. Submit application to get,👉 EARLYBIRD ACCESS
EARLYBIRD MINTING BENEFITs
We target 20,000 applications and below are the benefits:
- All applicants are eligible to share the 200k STAW supply.
- STAW is minted to your wallet instantly.
- The Minting Rate is 0.00000002 STAW/Milli-secs.
- You decide how many STAW you can claim at 183 Days.
- No Scarcity factor is applied & St. Waves is within your wallet.
- Referrals are paid from 10% of 200k tokens, paid after all event
- You can use the calculator to determine your minting power.
Requirement
- Fill the application form once, with reacheable email
- Submit Waves.Exchange Address (starting with “3P”) — Do not submit a Binance or other exchange account.
$STAW GOVERNANCE
- Initial Supply emission of 5,000,000 STAW is created.
- 20% (1,000,000 STAW) supply is allocated to staking reserve with a 45% APR. This reserve can only be extracted (earned) by the community via dApp staking of STAW.
- 2% (100,000 STAW) is allocated for proposed Initial Liquidity Offering (ILO) on Puzzleswap.
- 15% (750,000 STAW) supply is allocated for developments & marketing:
🔹Early birds (7%) access with a 6-month scarcity trigger (without scarcity factor).
🔹8% of initial emission is allocated for the team and other marketing, with 6 month vesting. - 63% (3,150,000 STAW) is allocated as community mint-able supply for creating $WAVES scarcity under full governance control of the user. Every community (user) who mints on dApp shall agree and allocates 10% distribution to staw.finance wallet as dev incentive.
- Any changes to this original governance distribution will be subject to community poll.
STAW STAKING
STAW tokens will be stake-able on app.staw.finance immediately after the token launch. Staking your STAW shall grant some 45% APR. Below is the staking dapp with XFP staking enabled.
🔹 Blockchains cannot do without Nodes. There are the lifelines of the network. Node-leasing on Waves Blockchain, creates temporal scarcity from one hand and add inflation on the other. At least 6 WAVES per block inflation is released every time a block is forged, also with an average of 1440 blocks daily.
WE NEED NODE OPERATION & SCARCITY DRIVERS.
STAW ➝ DRIVES THAT WAVES SCARCITY & VALUE…
