Farm.Space — First SPACE Rewards Halving

UniMex
2 min readApr 18, 2021

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As we near towards the end of phase 1 distribution, and begin preparing for the launch of phase 2 with WBNB + Stablecoin rewards, we will be executing our first rewards halving.

In order to avoid a needless token migration since rewards halving was not included in our contract for sake of decentralization, we have taken the following the steps:

1. Created a private pool which has a 50% rewards allocation. Pool id is 18.
2. We then created a private token for this pool. Address of the token: 0xDA7c209A7e236099452f59cDb5D012F9647f2624
3. Finally we created a smart contract and sent the private token to it. The smart contract is the only owner of the token, so it receives all the dividends from the pool.
0x1d5eb0a75A56CED5780d03Dfc2Bbc8f0E0D0aA07

  • Smart Contract adds token to pool, begins farming.
  • Smart Contract has a public function to withdraw dividends and burn them. $SPACE can only be burnt from the smart contract and can’t be withdrawn.

Farm Space Socials

Official website: https://farm.space/

Telegram: https://t.me/farmdotspace
Telegram Ann Channel:
https://t.me/projectTBAsoonAnn
Discord:
https://discord.gg/9RhP7u6
Twitter:
https://twitter.com/farmdotspace

Project Lead

Twitter: https://twitter.com/farmtownN
Tg contact: @farmtownN

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