Layer 2 is out ! And it’s definitely better than layer 1
1 min readMay 25, 2021
Hello Spongers !
Know that Layer 2 has just been released, and here are the few changes from Layer 1 :
- Deposit fees are removed ! It is replaced by 4 % exit fees, but you will only pay it if you stay less than 96 hours in the farm (since last deposit)… After that it is 0%. Also know that exit fees are impacted by SPG rank (3% for VIP, 1,5% for ELITE)
- There are single asset stacking options : you can stack Siph1 or Siph2 to earn Siph2
- Max supply has been raised to 25k token, still emitted over 40 days
Here are the farms and allocations % :
- Soak (single asset) 8%
- Siph1 (single asset) 5%
- Siph2 (single asset) 6% (coming tomorrow)
- Siph1/bnb: 3%
- Siph1/busd: 3%
- Siph2/bnb :12%
- Siph2/busd 12%
- Cake/bnb 10%
- FTS (single asset) 5%
- XVS/bnb 5%
- Busd/bnb 10%
- xblzd/busd 5%
- xblzd/bnb 5%
- Spg/bnb (V1 LP) 3%
- Spg/bnb (V2 LP) 2%
- Soak/bnb 3%
- Steam/bnb 3%
Siph2 token address : 0x7F907B5F7B063194CA6C0C1f55F9332d95305693
Layer 2 address : 0xF218650d4d960940a6E583EEfDAC457ec6799990
Layer 2 app link : https://app.sponge.finance/layeredFarming/2/home
Telegram : https://t.me/SpongeFinanceChat
Twitter : @nojobfinance