Benefits
Last updated
Last updated
Guerrilla Holders have access to a special Discord chanel, where they will get early access to Safeforge's products.
Guerrilla Token holders are entitled to a share 15% of the revenue generated from the main $SAFF protocol for the first 10 years, aligning the interests of token holders with the success of the Safeforge ecosystem.
After 10 years they can be redeemed for a share of 5% of the governance tokens.
Guerrilla is minted on an exponential bonding curve. The particular type of bonding curve used is one that doubles at a increasingly decreasing rate. To illustrate, the first doubling will take 30 mints, the second will take 50, the third 80, fourth 120, with the difference between the doublings widening by 10 every doubling. The full bonding curve (for the first 1360 tokens) can be found here for reference:
40% of the ETH used for minting will goes toward SAFF Backed Guerrilla Pool as backing.
User can burn Guerrilla to get 1 / total amount of Guerrilla minted $SAFF back. This places a hard floor on the price of Guerrilla -- at some point this floor will exceed the purchase price paid.
$SAFF's initial price at launch will be 1 $SAFF = 1 ETH.
Scenario 1
A user minted one Guerrilla with 0.1 ETH 3 months ago (which is 0.04 ETH goes into the pool), and now burn it, this user will get 1 / total of Guerrilla minted * total $SAFF in the pool = 1 / 600* 50= 0.08 $SAFF
Scenario 2
A user minted one Guerrilla with 0.5 ETH two days ago (which is 0.2 ETH goes into the pool), and now burn it, this user will still get 1 / total of Guerrilla minted * total $SAFF in the pool = 1 / 600* 50= 0.08 $SAFF