Squirrel Announcements
76 subscribers
3 photos
220 links
Ecosystem to empower simple & secure DeFi 🌰🐿️ https://squirrel.finance
Download Telegram
Squirrel v2 Announcement πŸ‘€
Hey guys, got some big news about NUTS. Over past week i've been concepting a v2 version of Insure, with healthier tokenomics for adoption in the current landscape (where everyone is providing product incentives via farming). Unfortunately gaining adoption on our products without this has been hard. And since NUTS has never been a farm token (1mil supply) thought it would be unfair to change tokenomics on you existing & loyal holders -so that is why I have decided that NUTS will be migrating for a fresh launch on BSC πŸ™Œ

I've wrote a full article below with details/reasons, so go read that (includes a teaser of some of the first farms) but basically there has been a snapshot of your tokens & in two weeks once liquidity is unlocked (2 week timelock) you will be able to redeem your existing NUTS for roughly $6 (0.003 eth each) πŸ’Έ
Note: Please do NOT buy or sell NUTS upon reading this, or you will not receive your redemption eth.

Then in afew days the v2 Insure / NUTS token will launch on BSC where you'll also be airdropped your tokens back :thumbsup: But yeah read the article below for full details, any questions lemme know:

The next big chapter for NUTS will begin shortly, see you then! πŸš€

πŸ”– https://squirrelfinance.medium.com/squirrel-v2-announcement-b5c8db08e2d6 πŸ‘ˆ πŸ‘ˆ
Squirrel Announcements pinned Β«Squirrel v2 Announcement πŸ‘€ Hey guys, got some big news about NUTS. Over past week i've been concepting a v2 version of Insure, with healthier tokenomics for adoption in the current landscape (where everyone is providing product incentives via farming). Unfortunately…»
Squirrel Finance is now live on BSC: πŸŽ‰
(Existing eth holders who had nuts in their wallet before the snapshot should now have bsc NUTS in their address) people who had nuts staked or in stash, you will have to dm me your address for manual processing (just to check what you had staked at snapshot) but dont worry you wont be missed out πŸ‘
Initial supply of NUTS is 400k + 10k NUTS per farm per week (which can change with governance if our TVL goes mega) so go check out the website below for the first farms! πŸ’Έ More insured farms will start tomorrow, any questions lemme know! πŸ™Œ But to reiterate: low liquidity at start, be careful -if you want NUTS dca over several transactions as existing eth holders sell afew, just my advice!
πŸ”– https://squirrel.finance πŸ‘ˆ πŸ‘ˆ (link to token / pancake swap is on the website)
cake's BRY farm is now available for deposits πŸŽ‰ (you may need to refresh) yield will begin in 2 mins -it is the second insured farm which provides % to NUTS farm πŸš€ tomorrow may add goose nest πŸ‘ (unless anyone else has any good suggestions for single assets farms)

πŸ”– squirrel.finance/farms.html πŸ‘ˆ
Clarification on eth liquidity redemption:
All existing eth holders should have received their bsc nuts airdrop 1:1 last night (if you had yours in eth LP or staked dm me your address to process manually) and some new community people have raised the question (understandably) that its slightly unfair that eth holders got their bsc nuts + eth from the project's liquidity as well. Which I can see their point, so small tweak to how eth payouts will be split. The eligible holders snapshotted will still receive eth (around 0.003 per nut) in two weeks but it will involve a snapshot of their bsc nuts too πŸ‘ (e.g. if they have sold half they will only get half eth) any remaining eth after this process will be used for nuts buybacks πŸ™Œ

Hope that makes sense & is now fair for both new + existing holders, any questions lemme know πŸ‘

(edit: nuts in farms are fine of course)
goose's Egg farm is now available for deposits πŸŽ‰ (you may need to refresh) yield will begin in 2 mins -it is the third insured farm which provides % to NUTS farm πŸš€ tomorrow may add another! πŸ‘ (let me know your suggestions for single assets farms)

πŸ”– squirrel.finance/farms.html πŸ‘ˆ
100,000 NUTS burn πŸ”₯
(just fyi) we overestimated how many NUTS were needed to migrate token to bsc, so have now gone ahead and burnt 100k nuts that was left over so now the circulating supply is just over 300k 🌰 Keep up the good farming! πŸ’Έ
viking's VIKING farm is now available for deposits πŸŽ‰ (you may need to refresh to see it) It is the fourth insured farm which provides % to NUTS farm, enjoy! πŸš€ (let me know if you have any suggestions for future single assets farms)

πŸ”– squirrel.finance/farms.html πŸ‘ˆ
(just fyi as well) first 10 eth buyback (roughly 70bnb) from project's eth buyback allocation will take place tonight πŸ’Έ
ape's BANANA farm is now available for deposits πŸŽ‰ (you may need to refresh to see it) yield will begin in 2 mins -It is the fifth insured farm which provides % to the NUTS farm, enjoy! πŸš€ (let me know if you have any suggestions for future single assets farms)

πŸ”– https://squirrel.finance/farms.html πŸ‘ˆ
auto's AUTO-BNB LP farm is now available for deposits πŸŽ‰ (you may need to refresh to see it) yield will begin in 20 mins -It is the sixth insured farm which provides % to the NUTS farm, enjoy! πŸš€

Also: the insurance cover of existing farms has been increased (+20k each), so now farming assets have even more protection for your peace of mind! This will continue to increase as our liquidity & marketcap grows πŸ’ͺ
πŸ”– https://squirrel.finance/farms.html πŸ‘ˆ
SQUIRREL GRAPHICS/MEME CONTEST: 🎨
Whilst the hard work on more farms & features continues (auto-compounding) thought we'd power up the community magic by running a graphics/meme contest this week πŸŽ‰

Pretty simple, to enter just post your squirrel related graphics, promo or memes in our discord's #graphics-contest channel (discord.gg/zMjN3QX) or dm me, you can submit as many as you want but try to favor quality over quantity πŸ’ͺ Could be anything from some cute squirrels we can use for discord/tg avatars, twitter promo banners, promo video/gifs, or farming memes -go wild!

Contest Prizes: 🎁
1st - 300 NUTS
2nd - 200 NUTS
3rd - 100 NUTS

More runner-up prizes will be added if there's plenty of submissions. Contest entry closes next Friday! πŸ“†
Looking forward to seeing a variety of squirrel/nuts/farming content, good luck! πŸ™Œ
https://twitter.com/SquirrelDeFi/status/1368614456809381898

(If you had VIKING in farm might be wise to sell it, but if price gets much lower you might make more back just farming NUTS for 5-6 days) πŸ‘

Note: NUTS insurance is only triggered by the farm if you cannot withdraw your deposit, so in current state cant be triggered on VIKING as you can still withdraw your VIKING from their farm (see this article to see how farm insurance works: https://squirrelfinance.medium.com/how-insured-farms-work-%EF%B8%8F-14106c5e4994)