Additional SD Token Incentives for LunaX <> Luna Pool

Dear Lunatics, we have exciting updates to share with you! Our team is thrilled to announce that we are adding additional SD token incentives for the whole Terra fam.

In this post we will cover:

• Vesting details of the already farmed SD tokens
• Special 50% APY until TGE
• Additional 15,000 SD tokens per day added to the Community Farm

Vesting details of the already farmed SD tokens

Stader’s Liquid Staking Community Farm has been a huge success. 1% of SD tokens set aside for Luna <> LunaX pool have been farmed.

Please note that LP has to be provided until February 9th to qualify for the 1st vesting and continue to vest at least 50% of farmed SD tokens.

For full details regarding vesting, please refer to the link.

Special 50% APY until TGE

Due to regulatory reasons, our Token Generation Event (TGE) will be around March 7th, 2022.

That is why we want to reward you for your support in the following way: Stader will be offering a 50% extra APY on the vested $SD rewards until TGE.

Additional 15,000 SD tokens per day added to the Community Farm

Since our Community Farm was such a success, we also had multiple requests to extend it for a longer period of time. That’s why we are continuing it until the end-February.

The Luna <> LunaX LPs will be able to farm 15,000 SD tokens per day starting 5th Feb’22 upto end-Feb’22 in addition to 50% APY on vested SD tokens.

Key Points:

1. This means an APR of ~30% on the current pool (incl. ~1.67% swap fees) based on our CoinList sale price of 4.5 USD/ SD.
2. The APR doesn’t consider any additional price appreciation post SD token listing
3. SD tokens farmed from 5th Feb 2022 to 28th Feb 2022 will vest linearly starting 9th March for 5 months. Your newly farmed SD tokens will not vest if you remove your LP before 9th Mar’22.

PS: Additional SD rewards are subject to slight changes as we are working with other DEXs to enable dual incentives for LP providers.