Announcing Platypusâ Factory Pool
Know more about the FactoryÂ Pool!
We are excited to announce the launch of our Factory Pool. Itâs going live on the 24th of May at 930 am UTC. Three tokens will be listed in this pool: $H2O, $MONEY, andÂ $TSD.
What is the FactoryÂ Pool?
Last month, we launched the Alternative Pool, which was brought in to segregate time-tested stablecoins from the riskier ones. Each stablecoins carries its own unique risks, and as a way to bring users more choices and opportunities while managing risks, categorization was put in place. The Factory Pool is created for the most adventurous riskÂ level.
Main Poolâââestablished and time-tested stablecoins
Alternative Poolââânewer and relatively risky stablecoins
Factory Poolâââmaximum risk stablecoins
Will the Factory Pool Be Different From the OtherÂ Pools?
There are a couple of details that will be different in the Factory Pool. Firstly, it will not have a boosting option. Interest will only be earned from the baseÂ pool.
Like the Alternative Pool, all stablecoins in the Factory pool will be paired with USDC. But unlike the other pools, there is no price oracle in the Factory Pool. Trades will not stop in the event of a depeg, and the USDC in this pool is at risk of draining out. LPs should be aware of the risks when depositing in thisÂ pool.
Extra farming rewards from each stablecoins
All three protocols in the Factory Pool will provide incentive rewards to their respective pools. Further details will be shared in our socials, so stay tuned forÂ more!
Updated Emission Allocation
After the launch of the Factory Pool, the adjusted emission market weights will be asÂ follows: