Cheddar Pool - Stake Cheddar -> Farm Cheddar

The Free Community Farm ends in several hours at UTC 23:59 - Don’t forget to unstake NEAR. We had planned to have the $Ref, $stNEAR and $Banana phase2 (p2) pools ready, however we were delayed in delivery. We are now awaiting an audit that could take several more weeks to a month before deploying these pools to MainNet.

The p2 contract is actively being tested on TestNet and can be found here: https://test.cheddar.farm

With this in mind, we would like to propose a plan to keep farmers engaged while awaiting the full audit. We propose for the Cheddar DAO to approve a limited engagement of the p2 contract to Stake Cheddar → Farm Cheddar on MainNet. This is a low risk measure as Cheddar does not presently have a value and it also meets two objectives:

1. Allows farmers to use their freshly minted Cheddar to stack more Cheddar
2. Battle tests the p2 contract prior to the audit

Here are the pool details:

1. Stake: Cheddar
2. Farm: Cheddar
3. Duration: 20 days after launch
4. Emissions: 0.28 Cheddar per minute

Please let us know your feedback and thoughts on this proposal, if there is enough positive support we will officially submit a proposal to the Cheddar DAO.

Very good and reasonable idea. Facilitating project supporters!

Great opportunity to give early farmers a risk-free reward

yep, good plan, agreed

Sounds like a good way to put that Ched to work!

Totally agree good proposal.

Sounds reasonable to me.

This is a beautyful Idea to bridge the time until the new contracts are audited! Great opportunity for early farmers to stake their $Cheddar farming more Cheese!

totally agree! We expect more use of Cheddar in near future

It sounds like an easy way to play around with cheddar.
One thing to report while un-staking was that it took several attempts to unstake everything, it seems like it did one pool at the time. I almost walked away after the first confirmation, but realise that it unstaked around 10% only.

Cheers

G

Sounds reasonable,agreed

good propose, how to vote ?

a great plan. I’m really looking forward to this event

Kế hoạch rất tốt. Nhưng hiện tại tôi có thể lấy các token test ở đâu

Kế hoạch rất tốt. Nhưng hiện tại tôi có thể lấy các token test ở đâu. Với lại các tohen Cheddar đã có thì sử dụng thế nào.

Good job, i experienced staking on Cheddar farm, it’s great.

good idea! keep going, i happy to joining.

how i get test coin?
my testnet wallet only have Near token!

I was spend whole time to farming cheddar last event. And now it even more interesting

Very good. But I cant test stack stNear on overthere.

good idea…!the price is too low…!

this project on mainnet. we staked $Nears and earned some $cheddar. now going to earn more $cheddar by staking $cheddar