Township
Township marketplace is a new and exciting platform for DeFi protocols to acquire their own liquidity.
The Township's unique mechanism combines bonding and farming strategies. By bonding with Township, liquidity providers are swapping LP tokens in exchange for the protocol discounted governance tokens, which are then automatically staked and start generating rewards.
What is the problem with existing yield farms?
The current farming pools are distributing generous rewards to liquidity providers that stake their LP token. However, as soon as the rewards are exhausted, the LP’s remove their capital and move on to the next opportunity
So, you have spent a fortune on marketing, Distributed massive inflationary rewards and eventually been left with nothing in your hands.
With Township Liquidity comes in and stays in!
The main Benefits for DeFi protocols:
Protocols now own their liquidity, rather than relying on mercenary LPs. This stabilizes the liquidity and provides confidence for the protocol and its users.
As more liquidity is established, the pool can handle bigger trades and ensure price stability. This in turn creates a healthy price action, attracting long-term holders.
Protocols can generate new revenue sources by earning liquidity fees as they also become the liquidity providers themselves.
By partnering with Township, protocols gain extra exposure as their bonds will be featured on Township marketplace.
FAQ
Will it work for me?
Yes it will, the UNITS protocol has successfully tested it and raised for its own treasury over $300K in a very short period, now we are opening this exciting new technology for other protocols to use.
Which networks are supported?
For now BSC and Polygon networks are supported, additional networks will follow.
Which tokens can I pair with my governance token?
Your LP token from Pancakeswap, Quickswap, Sushiswap and any other common AMM base DEXs
How long are the bond tokens and rewards locked?
It's up to you to decide, but remember, whatever it is, you will be paying it back in your own governance tokens, so the token pair stays in your treasury forever.
How much governance token price discount do I have to offer for the bonders?
It's up to you, the common range is 5%-7%, this discount is displayed as ROI for the bonders.
What determines the displayed APR?
The UNITs protocol calculates it automatically according to your defined rewards and the pool duration, higher APR increases the funds raise potential.
How will my project be promoted?
In addition to your promotion efforts, we will promote it in the most lucrative channels.
How much does it cost?
We have two pricing plans:
Setup fee of $5K +5% of the pool governance tokens.
No set up fee + 10% of the pool governance tokens.
Great, How do I start?
Just fill a simple application form, we will review it and get in touch with you.
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