Sentivate Announces Strategic Partnership With Value DeFi
We are pleased to announce that we have partnered with Value DeFi protocol to launch one of the first liquidity mining programs using the one-click solution of Value Liquid technology. We will distribute 240 million SNTVT tokens using Value Liquid over the next 8–35 weeks. The initial pools are:
- WETH <> SNTVT at a 98/2 Ratio
The WETH <> SNTVT 98/2 pool was chosen with a 98% wETH and 2% SNTVT ratio in order to attract traders to build up project liquidity and distribute the tokens among other traders in our ecosystem. This pool will run initially for 8 weeks and distribute a total of 116,250,000 SNTVT Tokens.
10% of tokens staked during the stated period will be unlocked immediately for claiming. The other 90% tokens will be unlocked after 2 months, then unlocked linearly every block for 10 days.
- VALUE <> SNTVT at a 50/50 Ratio
The VALUE <> SNTVT 50/50 pool was selected in order to honor the partnership between our two projects. We will welcome VALUE as one of the first projects on our mainnet as soon as we go live in 2021. This pool will run initially for 8 weeks and distribute a total of 123,750,000 SNTVT Tokens.
10% of tokens staked during the stated period will be unlocked immediately for claiming. The other 90% tokens will be unlocked after 8 weeks, then unlocked linearly every block for 10 days.
Starting at November 2, 2020
Block Timer: https://etherscan.io/block/countdown/11178700
- DAI <> SNTVT at a 2/98 Ratio
The DAI <> SNTVT 2/98 Pool will be dubbed the “SNTVT-Staking Pool.” For the protection of Liquidity Providers this pool will have a lock-up of 7 days. This pool will run initially for 32 weeks and distribute a total of 75,000,000 SNTVT Tokens.
10% of tokens staked during the stated period will be unlocked immediately for claiming. The other 90% tokens will be unlocked after 32 weeks, then unlocked linearly every block for 10 days.
- USDC <>SNTVT at a 40/60 Ratio
The USDC <> SNTVT 40/60 Pool was chosen to give outside LPs an extra incentive to provide liquidity and to be a lower risk pool; less affected by impermanent loss. This pool will run initially for 16 weeks and distribute a total of 90,000,000 SNTVT Tokens.
10% of tokens staked during the stated period will be unlocked immediately for claiming. The other 90% tokens will be unlocked after 16 weeks, then unlocked linearly every block for 10 days.
- wBTC <>SNTVT at a 50/50 Ratio
The wBTC <> SNTVT 50/50 pool will run initially for 16 weeks and distribute a total of 95,000,000 SNTVT Tokens.
10% of tokens staked during the stated period will be unlocked immediately for claiming. The other 90% tokens will be unlocked after 16 weeks, then unlocked linearly every block for 10 days.
The Sentivate Governance Board reserves the right to renew the WETH & VALUE Pools after the original 8 week periods and may also contribute additional SNTVT Tokens to the VALUE DeFi Program for Pools as they see fit at a later date.
About Value DeFi Protocol
The Value DeFi protocol is a platform and suite of products that aim to bring fairness, true value, and innovation to Decentralized Finance. Their flagship products include Value Liquid, an automated market-maker built on Ethereum that allows anyone to create trading pools with flexible ratio pairs, add liquidity, and earn trading fees, and Value Vaults, state-of-the-art multi-strategy yield-optimizers that allow unprecedented composability and flexibility of LP assets to maximize returns.
