Cobra Farm
In april of 2021,
Cobra.Farm was launched.
The yield farm features time-limited staking pools, where users stop earning rewards after a certain amount of time passes.
This feature incentivizes the burning of tokens to remove them from circulation, as well as funneling currency into a 👛 Community Investment fund.
Most time-limited pool stop earning rewards 31 days after staking.
If a user claims their reward too late, they will not lose any rewards; they simply earn the same amount they would have earned during the time limit.
If a user claims their rewards too early, they will earn less COBRA than if they wait for the time limit to end.
The deposit fees on
Cobra.Farm work differently than on the other farms, here is a breakdown of the average deposit fees:
Nest Fee: 1.5%
Developer Fee: 1.25%
Community Fee: 0.25%
Note: 100% of the BUSD pool fee goes into the accumulating
Eagle's Nest automatically.
Last modified 5mo ago
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