Halving, Seed Staking, New $SFUND Staking Pools, Multipliers, and More

2023 has begun. Last year we’ve been transforming Seedify to become more than a launchpad.

We’ve built our incubation division, which currently has 15+ games on its’ roster, each one selected after play testing the games, and betting only on teams who have been building through the bear market.

The seed staking mechanism is a unique concept crafted by Seedify, to drive value to $SFUND stakers and farmers by distributing incubation tokens from projects we are supporting with our marketing and incubation departments.

There may be questions about how many tokens each staker and farmer will get.

• Within next week we will fully share the amount of tokens that will be distributed to our community from each project that’s in our incubation roster. And we will continue to update that list, after each new incubation’s tokenomics is completed.
• By looking at your current percentage compared to the total amount of seed staking points earned by all stakers and farmers, you will be able to tell your distribution amount of each vesting.
• The vestings will be dynamic, meaning, on each vesting of each project, the calculations will be redone according to your seed staking percentage, so if you are generating more seed staking points compared to the rest of the pool, you will be earning more, and vice versa if you have been not staking.
• Within Q1, we will also add a new section to our website, where you will be able to see all the numbers, and your passive earning potential so you don’t have to count all the numbers by yourself.
• We will also introduce APIs for the already released tokens, so instead of their initial launch prices, dynamic pricing will be used to determine your earnings.

We recognize that transparency in this front is the most optimal way.

As you might remember from old days, IGOs generally had long vestings. Long IGO vestings created a downward spiral. Our tokenomics team made some big changes that applies to almost all of our incubations:

• IGOs will be finished in 3 vestings, launch, and then 2 more. This means having a 3x on the launch covers the initial costs.
• To minimize the pressure in each IGO vesting, there will be more events, such as NFT sales with project tokens, Battle-passes, staking & farming, in-game prize-pool tournaments and other in-game activities which are important to create positive momentum after each vesting.
• Right after IGO vestings are fully complete, the incubation tokens will start to get distributed, which will continue for 24 months (only first 2 incubations when we commenced on this division were done as 36 months).
• The incubation token releases are standardized this way, because we don’t want to hurt the positive momentum of projects after the IGO vestings are complete, so the token prices can move upwards, and this way there can be more earnings derived from each seed staking point you earn from each incubation.
• We could alternatively do the vestings on seed staking earnings shorter, but that meant damaging each project’s momentum, and others outside of Seedify community not wanting to buy the tokens, thus everyone earning much less in the process.

Our goal is to reach a minimum of 50 quality game incubations by the end of 2023 that can create user adoption. Within Q4 we incubated 15+ games so far. By quality and quantity of games increasing in our incubation roster, the value that will be generated passively will increase more and more over time.

Staking and farming $SFUND will mean not just IGO allocations anymore, but also a way to earn passively in an ever increasing way.

We are also commencing on the IGOs this month as you know, and will consistently launch incubations, so we can start to generate more value.

Staking and farming $SFUND was at the core about IGO allocations; in 2023, you will start to see an increasing income due to incubations as well, besides the IGO allocations which will continue on.

Let’s now get into the details on yields of $SFUND, new staking pools which will commence in this month, and more details.

$SFUND has been a highly inflationary token since it’s start on March 2021. Through the staking and farming the long term believers increased their $SFUND holdings and tiers, yielded many high performing IGO allocations while we’ve been the highest ROI launchpad in the previous bull run; they also got a 1 to 110 $SNFTS airdrop (if staked or farmed during all snapshots), and been accruing seed staking points since a while.

We are coming close to half of the $SFUND’s total supply being in the market, whether its being staked, farmed, or held. By being highly inflationary at first, we could distribute most of our tokens to our community, instead of keeping them in our treasury.

We announced that we will be transforming our high inflationary nature in the process, and commenced on closing the high yield staking pools one by one starting from Q3 2022.

The last $SFUND high yield staking pools that are left for deposits are 30 days, 14 days, and 7 days which will be closing soon within next days.

We initially were thinking to halt the $SFUND yields completely, and only give seed staking rewards with a multiplier for longer term staking. However, a lot of our community members shared their feedback to us that they would like to still earn some $SFUND even though its’ yield would be comparatively low.

Transforming from highly inflationary nature to low, is called halving, and has been the backbone of Bitcoin, which happens every 4 years. Which results in less coins entering the market, thus creating greater positive momentum. It has such an effect in the market that halving became connected with market bull runs.

After gathering the feedback from our community on how we should commence on our halving process, we also announced the Viral Public Raise model which will start on February. VPR model has at its core many advantages that will increase the adoption of each game and social virality of each launch as well, which were two very important advantages that we wanted to create.

Another advantage of it is so we can start to do buybacks from market with the premiums gathered; put the bought back SFUNDs from the market into staking and farming to continue providing $SFUND yields.

So in the new staking pools there will be still $SFUND yields, although comparatively low, and those tokens will be bought and deposited into pools through Viral Public Raise premiums, instead of getting derived to the market mainly from the non-circulating supply.

Let’s dive deeper to the new $SFUND staking pools now:

• 270 days: 11% SFUND APR, 200% positive impact (3x) on seed staking points generation per SFUND
• 180 days: 7% SFUND APR, 100% positive impact (2x) on seed staking points generation per SFUND
• 90 days: 3% SFUND APR, no multiplier (1x) on seed staking points generation per SFUND
• 30 days: 1% SFUND APR, 50% negative impact (0.5x) on seed staking on seed staking points generation per SFUND

With these changes, $SFUND will transform in nature due to a huge halving, and staking rewards will no more be a barrier for positive momentum. Also the pools will benefit long term thinkers by attaching multipliers.

We will also halve the farming pool rewards by 50% in 2 months from now, so the $SFUND yield generated from there is not too high, but still rewarding for our community to farm. For now the farms will have no multiplier on seed staking, so it will stay as 1x, and after the halving introduced there will be a multiplier there too with 2x.

Also beginning from next week, the $SFUND/$SNFTS farms will generate seed staking points as well.

With the changes happening in relation to $SFUND in regards to buybacks, incubations, halved inflation, consistent IGOs, and a maturing ecosystem we are helping to build, we will start to get back to a better place than ever before.

We wanted to be fully transparent on everything on this article.

Highly inflationary staking rewards have been creating a positive at first, but a net negative after.

We will continue to work hard, constantly announce new incubations, and make sure that we do launches each month; so the value that gets derived from both IGO allocations and incubation tokens can steadily increase.

2022 has been harsh, and we took our fair hits too. It’s now time for a great transformation, and a comeback story. Step by step, brick by brick we are determined to rise to a place where we can see our community blossom with happiness. We will not stop until we get there.

Thank you for being on this journey with us!

Seedify Team