Providing Yield and Arbitrage Opportunities for your SGB in the safety of your own wallet
Joined December 2021
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SGB Micro is collateralized by SGB a rate of 1000:1. This presents an easy arbitrage opportunity if the price of SGB Micro deviates from this ratio.
SGBMicro will automatically wrap the SGB collateral and delegate votes to signal providers during minting. All rewards will be distributed proportionally back to the SGBMicro holders.
The two tokens of the system will consist of the following:
SGBMicro - transactional token fully collateralized by SGB that grows in your wallet via system transfer fee rewards
SGBKey - utility token that accrues rewards and is used to unlock collateral
Our team is targeting a Q1 2022 launch of a 2-token system collateralized by SGB that allows users to earn yield in their wallet and provide unique arbitrage opportunities. Stay tuned for more info
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@FlareNetworks @FlareFinance @HugoPhilion @theREALpattyxrp