Viola — final countdown
Countdown: https://bscscan.com/block/countdown/8521000
Our governance token launch is tomorrow at exact block 8521000 (Estimated Target Date: Tue Jun 22 2021 16:28:47 GMT+0200 — Central European Summer Time), together with new farming pairs. As previously mentioned, Viola will not act as governance token from the exact start, we will add it in later stages of project development.
Fair launch
So called “fair launch” will allow community to ride the project, to provide liquidity and to set their own price. No presale, no initial liquidity from the team, no whales.
Of course, to create farming pairs and make them live, we will mint 3000 Viola tokens just to add some little bit of liquidity for each pair to work smoothly instead of delaying them. It’s how it works, that must be done.
How to start?
To even start using new farms, you will have to buy Melody, at least in the first few hours or days when APR’s are the highest! First pool that will generate rewards in Viola will be Melody staking pool with 20% burning fee. As we said, that’s a win-win situation where community will also burn Melody tokens and get high rewards in Viola token which should have higher price than Melody due to Viola tokenomics.
Step 1: Buy Melody
Step 2: Stake Melody, get Viola
Step 3: Add liquidity for Viola with MELODY, BNB or BUSD
Step 4: You can also stake Viola into single pool
Tokenomics
Viola will have stable 1 reward per block, meaning it will only generate 28,800 tokens per day. To cut eventual inflation, we added 2% burn on each transaction and later team will add more deflationary features. Remember to set slippage to 2,2% minimum to get your transaction through!
Block reward distribution:
0.56 to farms
0.35 to pools
0.09 to dev/team address
Contracts and audit
Viola token: 0x8Acb84E58F24C127a51069D9Eef1c9a8d8F42C70
MasterChef token: 0xB543F2D4dBC821291957081b7A879417DeD1cF04
Viola audit is scheduled by TechRate, we fixed all the eventual issues and we are waiting for final audit report to become live. This should be done very quick as our final changes has been applied and sent to the TechRate.
Farming pairs
In the right beginning, you will be able to use 3 farming pairs:
1. Viola/Melody 24x
2. Viola/BNB 16x
3. Viola/BUSD 12x
Viola/Melody will be best performing pair with highest multiplier and we hope that community will recognize this.
After 72 hours we will add non-native token pairs.
Harvest lockup
Harvest lockup is an unique and creative farming rewards lockup mechanism. This mechanism can help us limit the frequency of harvest to prevent farming arbitrage bots from constantly harvesting and dumping.
To avoid whales and bots price manipulation, each farming pair will have 2 hours of harvest lockup, meaning you can harvest your Viola tokens once every 2 hours.
Without further ado, feel free to reach our team on official telegram and ask any questions!
Stay classy!
