Philetairus socius - yield farm on Fantom (FTM) with APR reset system. It helps investors to protect their funds by providing a transparent environment for users to use the services without worry and helps to earn a stable passive income through staking.
Philetairus socius will have a maximum of two "native" farms and eleven "non-native" farms at any given time, which will incur a deposit fee (4%) and will reset each week. At the moment, there are the following "native" farms that will become a mainstay:
- SOCIUS - FTM - 30x multiplier;
- SOCIUS- 15x multiplier.
For example, a WFTM pool with a 4% deposit fee will run for 7 days. After that, all WFTM deposits will be left to the user for withdrawal or forcibly returned to the owners. After that, income farm investors will vote on the next set of farms, which will replace the current set.
This will mean that each week, as the amounts, deposited by non-natives reset, there is a new influx of deposit fees that will help to keep the native project going while generating high APRs for those who are interested in joining the project.
A dividend pool - a cash pool that is evenly distributed, depending on the amount of stakes. $SOCIUS holders can wager their $SOCIUS to earn USDC. The higher the $SOCIUS stake, the higher the amount of USDC you can earn. The issuance rate is not fixed and may change, depending on the state (i.e. price, APR) of the SOCIUS token.