Create PSB-SGB SuperFarm with SGB Rewards

Proposal: Utilize SGB liquidity incentives to create a new PSB-SGB SuperFarm incentivizing 4m SGB over six months

IMPORTANT: Creation of a new farm Creating a PSB-SGB SuperFarm means that emissions will have to be redirected from the current PSB-SGB farm. This means the current PSB-SGB farm will halt emission rewards, and APR will only include swap fees.

Users will have to un-stake their LP and re-stake in the new SuperFarm, resetting their reward rate.


*It’s important to note that all users will start over at 0%. However, rewards will change from only PSB to both PSB & SGB.


Why PSB-SGB? SGB and PSB are central assets to our contracts on Songbird Network. Higher liquidity for this pool will minimize volatility when the market becomes turbulent and create better rates for our exchange's two most popular assets.


Where will SGB rewards come from? We will fund the SuperFarm with SGB liquidity rewards. These will be paired with PSB farm emissions for double rewards on top of fees earned from swap volume on the pair.

Yes = Create PSB-SGB SuperFarm. PSB-SGB LP farmers will need to unstake and re-enter SuperFarm, restarting APR from 0% with double rewards in PSB & SGB



No = No SuperFarm and current PSB-SGB LP farmers will keep current APR with only PSB rewards