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SpookySwapSpookySwapby0x3FdaEfDCc53A565E7800fD8d8cb37503d849D31E0x3Fda…D31E

Proposal for a YEL Partnered Stake Pool and Farm

Voting ended over 4 years agoSucceeded

SpookySwap Welcomes YEL Community to Partnered Staking! xBOO holders, today we are happy to be able to offer you the next partnered staking pool featuring YEL.

The xBOO Pool: Stake xBOO tokens to earn YEL tokens!

  • Total Tokens: 1,400,000 YEL
  • Distribution duration: 60 days
  • Start time: 1637035200 November 16th, 2021 0400 UTC
  • Finish time: 1642219200 January 15th, 2021 0400 UTC
  • Token rewards per second: 0.27 YEL

The Farm: In addition to the YEL xBOO Pool, we would provide an FTM-YEL farm that will have 1.0x BOO rewards for the first 48 hours and then 0.5x BOO rewards after that.

What is YEL? YEL is a multichain yield enhancement and aggregation platform. Its core mission is to build an ecosystem with several protocols functioning simultaneously to maximize returns for users while helping other DeFi projects to gather multichain liquidity. This is done through automated farming strategies, the launchpad for projects to boost their liquidity, and enhancement protocols. Generated fees will always be used for buybacks of YEL tokens, which then are being distributed for rewards and enhancement purposes, hence creating a looped circulation with constant buy pressure from the protocol.

To learn more about the YEL Community, Grim advises you to visit their official communication channels:

  • Website: https://yel.finance
  • Twitter: https://twitter.com/yel_finance
  • Telegram: https://twitter.com/yel_finance
  • Docs: https://yield-enhancement-labs.gitbook.io/yield-enhancement-labs/
  • Blog: https://yel-finance.medium.com/
  • Discord: https://discord.com/invite/yelfinance
  • Github: https://github.com/YieldEnhancementLabs
  • CoinGecko: https://www.coingecko.com/en/coins/yel-finance

How do you stake xBOO to earn YEL rewards? If you own BOO tokens, congratulations! You’re one step away from staking xBOO. It’s easy to learn how to stake xBOO for Partnered Staking.

  • Visit this webpage: https://spookyswap.finance/pools
  • Click “Approve” on the Buyback BOO Single Stake pool
  • Click on the “+ Stake” button
  • Enter your amount of BOO
  • Confirm the transaction, this will get you xBOO
  • Then, click “Approve” on the YEL Pool
  • Click on the “+ Stake” button
  • Enter your amount of xBOO
  • Confirm the transaction

YEL Address

Beware scam tokens! The correct YEL address is: 0xD3b71117E6C1558c1553305b44988cd944e97300

Off-Chain Vote

Yes we want YEL
684.51K 58.8%
No
480.19K 41.2%
Download mobile app to vote

Timeline

Nov 15, 2021Proposal created
Nov 15, 2021Proposal vote started
Nov 16, 2021Proposal vote ended
Oct 26, 2023Proposal updated