What is the Farm?
The Farm is a staking pool that accepts $REBEL tokens as a means of staking. The Farm is one of the two 'means of production' pools in the Rebel DAO ecosystem, the other one being the Factory.
Highlights:
- REBEL Token Staking - The Farm only accepts REBEL tokens as a form of staking. LP tokens or any other tokens won't be accepted on the Farm.
- New Stakes - Stakes can only be made into the Farm on 'Staking Day', which is the first day of each new cycle.
- Three Cycle-Based Production Amounts - The Farm can produce 100,000 - 300,000 - or 500,000 $REBEL each cycle, depending on the current laws voted into place.
- Permanent Staking - Farm staking requires a permanent stake of REBEL tokens, which can never be withdrawn. Only the production share (APY) generated from the Farm can be withdrawn.
- Permanent Ownership - As all stakes in the Farm 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.
- Staked Tokens Burned - Tokens are burned upon staking, decreasing total REBEL supply. Burning tokens from the Farm stakes helps to prevent inflation as well as protect existing Farm owners from over-dilution.
- Payouts Proportional to Ownership - The Farm mints a maximum fixed amount of REBEL coins each cycle, 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.
- Taxes Collected Upon Earnings Withdrawal - When a Farm 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