We are proud to introduce our huge leap on the farming system with DUO!
As you know, Singular team always make twists on everything to provide you with a revolutionized farming experience. We’ve learnt many things from the past two months, found some room for improvement. So we are here to show you our fresh & lucrative blueprint.
- 1.Major DEXs such as TraderJoe and Apeswap are gradually switching to the dual reward system. So in order to be compatible and to stay relevant, a new Masterchef is a must. DUO will absorb all the multi-rewards and give back with higher rewards in dual farming.
- 2.No transfer tax! No slippage! No Melting Pot on DUO (MP on SING will be up and running continously). Transfer tax has caused many errors and it has hindered new users to join the farms. Instead, users will be incentivized with higher APRs through more tokens from respective chains (AVAX, BNB, FTM, MATIC)
- 3.Currently, there are many pools that do not receive double rewards including native token pools. On DUO, most of the pools will get dual rewards and more allocation points will be given to the native pools to incentivize our Diamond-Handed DUO holders!
- 4.Earnings from strategic farming (delegated farming) will be converted to main tokens on each chain ($AVAX for Avalanche chain, $BNB for BSC, $FTM for Fantom chain and $MATIC for Polygon chain) which will be distributed out as a Dual reward!
- 5.Security of the fund is always the top priority! We’ll implement the solutions for the problems pointed out by the Paladin audit and Rugdoc review.
- 6.Also, the melting pot will be continuously giving out rewards on Singular, and there will be an occasional syrup pool addition exclusive for SING holders with the revenue from the DUO farm.