PolyWave by SURF Finance

New farm launch from the very established SURF Finance team. Currently also in IFO through July 31 at 9pm Eastern (New York) time.

DETAILS

• Max supply 10,000,000 WAVE
• All single asset staking
• 5 million WAVE will be distributed during the farming phase
• Emissions are 50% of the remaining rewards per month (2.5 million the first month, 1.25 million the second month, etc.)
• 2.5% staking fee and 1.5% unstaking fee, these fees decrease over time in relation to the proportion of WAVE that has already been rewards vs total WAVE rewards
  • 33.3% of fees to the SURF treasury and can be used in future vaults
  • 33.3% buys WAVE, 1/2 goes to rewards for the pool the fee came from and 1/2 to locked liquidity
  • 16.7% buys MATIC and is paired with WAVE as locked liquidity
  • 16.7% buys TOWELS to be used in a future WAVE vault
• Native SURF, TOWEL, wRBT and wLEV have no stake or unstake fees