Proposal for Defi Farm - Next Step

We proposed a BABY-BNB yield farming last month, as well as a weekly BABY lucky draw for all the wealthy baby holders. Now according to the latest vote result, the farming reward will be used to sweep the Baby Wealthy Club NFT. It’s time to think about what to do next, and we wealthy babies will together make the decision. During this summer, the bear market went deeper, and the Bitcoin price kept bouncing and continued to go downward, so with the BABY price. Today the LP staked in BABY-BNB farm worth $105,898.89, which equals about 350 BNB for now. Although we have tried our best to control the risks and choose carefully, we will face a 30% loss if we quit yield farming at this moment.

We offer follow-up options. Please vote for the one that you assume to better preserve the funds of the Baby Wealthy Bank.

Option 1 Continue to farm for another 30 days. 100% of the farming reward will be used to sweep the Baby Wealthy Club NFT (items listed in $BABY will have priority). The NFTs swept will be held on-chain in the Baby Wealthy Bank and then won by Sign-up BWCs through weekly prize draws. At the end of farming, we will start a new vote about whether to end farming and remove liquidity or continue this whole event.

Option 2 End farming, removes liquidity, and the fund goes back to Bank.