Cropper Finance Bringing Yield Farming To The Next Level
CropperFinance is a permissionless yield farming platform on Solana that enables any SPL project to offer yield farming to their holders in a few clicks, bringing yield farming to a whole new level.
CropperFinance platform aims to democratize yield farming and make it accessible to all SPL projects. Its turn-key solution will enable SPL builders to launch liquidity pools to reward their holders without requiring special permissions. They aim to build a user-friendly platform for both token holders and Solana projects in order to make yield farming accessible to all, even newbies.
TOKEN INFO:
- TYPE: SPL on Solana
- TICKER: CRP
- TOTAL SUPPLY: 500,000,000 CRP
- INITIAL CIRCULATING SUPPLY: 16,500,000 CRP
TOKEN DISTRIBUTION:
- COMMUNITY & ECOSYSTEM
• 59% : 295,000,000 $CRP
•Unlocked through LP rewards, with a weekly emission reduction of -2% - TEAM & ADVISORS
• 21% : 105,000,000 $CRP
• Team’s token are locked for the first 6 months after the TGE, then every month 2.1% of the team’s token are unlocked over the course of 4 years. - TREASURY
• 9,6% : 48,000,000 $CRP - LIQUIDITY
• 2,4% : 12,000,000 $CRP
• Fully unlocked at TGE - RISING SUPPLY
• 7,2% : 36,000,000 $CRP - AIRDROP
• 0,8% : 4,000,000 $CRP
• 12,5% of airdrop supply will be distributed at TGE
$CRP is the native token of CropperFinance. Holders will be able to deposit $CRP into liquidity pools (LP), as well as launch their own LP to enable their tokens to be farmed.
To motivate $CRP holders to take their coins off the market and reduce sell pressure, CropperFinance intends to launch lockup LP pools where tokens will be locked for a specified amount of time. These pools will have a higher emissions rate than the unlocked LP.
Recently CropperFinance announced collaboration with Index Capital as one of the earliest investors in their Seed Round. In addition to the initial seed investment, Index Capital has provided a long-term commitment to CropperFinance via a vesting mechanism.
ABOUT CropperFinance
CropperFinance is an automated market maker (AMM) built on the Solana blockchain which leverages the central order book of the Serum decentralized exchange (DEX) to enable lightning-fast trades, shared liquidity and new features for earning yield.
