Liquidity Provision Strategy 🌟
We are proud to announce our partnership with
@SolidoMoney and
@AtmosProtocol! The collected treasury isn't just sitting idle, it's intelligently allocated to support
@SUPRA_Labs liquidity and security, as well as foster understanding of iAssets within the community.
How do we do that? we split (50:50) our treasury (2.5M
$SUPRA) into two directions:
The first is staking
$SUPRA through the Solido Money dapp. By staking, we earn delegation rewards, and the other automatically farms Solido points to receive future airdrops. Then, we will deposit stSUPRA, as a liquid staking token, into the SUPRA/stSUPRA Atmos protocol pool to earn yield and trading fees.
The second is staking iAssets through the SupraNova dapp. By staking
$SUPRA, minting, and holding iSUPRA we earn delegation rewards and boost iAsset adoption. As a liquid staking token, iSUPRA will be added to the SUPRA/iSUPRA Atmos protocol pool to earn yield and trading fees.
A portion of the liquidity provision will be distributed to MetaSoul NFT holders and returned to the treasury each month.