What is the Factory?
The Factory is the second 'means of production' pool in the Rebel DAO ecosystem (the first being the Farm). The Factory works almost identical to the Farm, except stakes into the Factory can only be made with REBEL Uniswap Liquidity Tokens.
Highlights:
- REBEL LP Token Staking - The Factory only accepts REBEL-ETH LP tokens as a form of staking. No other tokens will be accepted in the Factory.
- New Stakes - Stakes can only be made into the Factory on 'Staking Day' which is the first day of each new cycle.
- Three Production Amounts - The Factory can produce 100,000 - 300,000 - or 500.000 $REBEL each cycle, depending on the current laws voted into place.
- Permanent Staking - Factory staking requires a permanent stake of REBEL LP Liquidity tokens, which can never be withdrawn. Only the production share (APY) generated from the Factory can be withdrawn.
- Staked LP Locked - When new stakers join the Factory, they are permanently locking their liquidity, making the $REBEL platform grow its’ Uniswap liquidity permanently over time. This is good for price stability and prevents extreme swings, which could negatively affect the ecosystem.
- Payouts Proportional to Ownership - The Factory mints a maximum fixed amount of $REBEL coins each week, which are divided and distributed proportionally to all of the owners of the pool, upon a staker’s withdrawal of rewards. The larger the share of the pool you own, the bigger your payout will be.
- Permanent Ownership - As all stakes in the Factory are permanent, each stake will always hold a percentage of the pool. Over time, as more Farm stakers join the pool, each staker's share of the pool will decrease, yielding fewer rewards with each dilution.
- Taxes Collected Upon Earnings Withdrawal - When a Factory staker collects his payout, the effective tax rate of 10%-50% is automatically applied to the reward, depending on the laws in place.
- No Minimum or Maximum Stake