Multi-chain, Hyper-stable ‘Pup-coin’ sCENT Farming!
“Oh not another Dog Theme Coin!”
Yeah I know folks, but Samo is soo cute 🐾 and irresistible.
He is a fluffy dog in his thick white coat, very social, demands love 💖and attention.
“Okay Samo, you caught my eye, what did you just dig up?”
A Swap-based Hyper-stable Cent coin minter for Polygon, BSC and Arbitrum!
SamoPup mints a “Pup” version of the stable coin in such a way that instead of referring to the price of USD/(the original token), it refers to 1/100th of the price, sCENT token.
“XYZ Phenomenon”
In the DeFi space, you usually find the use of .xyz domains. This usually refers to applications running in multi-chain.
SamoPup will run on Polygon, BSC and Arbitrum, but for now only the Polygon version is available.
“What are you doing in the Backyard?”
Focus on bringing native MATIC token and other stable coins to this platform, using the AMM DEX App we forked from Sushiswap (thanks to the amazing 🍣 Sushi Team!).
Users will bridge their MATIC and stable coins from Ethereum to Polygon network, and in particular, to our Liquidity Pool. As usual, Liquidity Providers will receive Swap Fees plus SAMOZ tokens or sCENT token as rewards when they deposit the LP tokens.
Stable coins & Native coin Swap
Swap between the most widely used Stable Coins: USDT, USDC, DAI and Hyper-stable sCENT by harnessing the power of Polygon Technology of low gas fee and faster finality.
Liquidity Mining
Provide Liquidity for a pool, you’ll get LP Tokens and 0.25% swap fee every time a user swaps in the pool that you fill in the liquidity and 0.05% more swap fee when you stake SAMOZ token.
Yield Farming
Farm SAMOZ or sCENT token as rewards by staking your LP Tokens.
Rewards will be added to your wallet every few seconds!
As long as the supply of SAMOZ tokens is available, all Farming Pools will reward users with SAMOZ tokens. When SAMOZ runs out, Farming Pools will continue to reward in sCENT tokens.
The initial pools on Polygon available with SAMOZ / sCENT allocation:
SAMOZ/MATIC (30%) —”Icy Native”
SCENT/MATIC (30%) — “sCent Sniffer”
USDT/USDC (20%) — “Twinnie”
DAI/USDC (20%) — “Dairy”
more Farming Pools are coming soon…
“What are you doing in the Frontyard?”
For the next phase, SamoPup will partner with other platforms that require micro payments such as Game providers, NFT & Content Creators and Marketplaces so that they can take advantage of sCENT for fast and stable micro payments at very low cost.
“What is SAMO-(X/Y/Z) Token?”
In SamoPup, there are 3 tokens :
SamoZ token on Ethereum bridge-able to Polygon chain.
SamoX token on Ethereum bridge-able to BSC (coming soon).
SamoY token on Ethereum bridge-able to Arbitrum Chain (coming soon).
SAMO-(X/Y/Z) is a governance token that is used to vote such as when determining new liquidity pool / farming pool.
SAMOZ Token Supply on Polygon : 541110 (read: SAMO!)
Ethereum Network : 0x7be4060fff13360301e0123d676a2705149964d7
Polygon Network : 0x7d3fA4bAD8220d927A23F29aa70866Ea97bBF313
🛒🛒🛒 buy SAMOZ 🛒🛒🛒
(coming soon )SAMOX Token Supply on BSC : 541110 (read: SAMO!)
Ethereum Network : 0x48e7066d36E54C966fD46Fbe0daF562c2BdAa8F6
(coming soon) SAMOY Token Supply on Arbitrum : 541110 (read: SAMO!)
Distribution of Tokens
SAMOZ on Polygon
50% of SAMOZ non transferable token has been burned to Polygon Foundation and thus they become the Main Decision Maker in SamoPup Governance. Centralized? Well not really, because the foundation can also choose not to vote and let other SAMOZ holders to decide.
49% of SAMOZ token has been bridged from Ethereum to Polygon Network.
You can earn SAMOZ by staking LP Tokens to SamoPup.xyz Polygon Farming Pools.
Samo loves Orijen
1% of SAMOZ token is for Samo to buy Orijen! 🥗😋
SAMOX on BSC, SAMOY on Arbitrum (coming soon)
“What is sCENT Token?”
sCENT is a hyper-stable coin with elastic supply which expanded and contracted in response to market conditions, targeting 1/100 USDC per sCENT (stay tuned for our next articles : sCENT Rebase Token mechanism).
You can earn sCENT by staking LP Tokens to SamoPup.xyz Farming Pools, only when SAMOZ maximum supply has been reached.
Alternatively, you can also earn sCENT by staking SAMOZ to Staking Pool, without having to wait until the SAMOZ reach maximum supply.
“What makes SamoPup different and secure?”
- We limit the pool to only stable coins and native token to reduce the impermanent loss
- There will be no fake token / pool because every new pool creation must go through a voting process
- Use audited smartcontracts forked from Sushiswap and will be re-audited soon
- Harnessing the power of BSC, Arbitrum and Polygon Technology, with low gas fee and fast finality
- SAMO-(X/Y/Z) token can be bridged between Ethereum Mainnet and BSC / Arbitrum / Polygon, so the holders can use any ERC-20 compatible wallet to hold and trading it
- No new SAMO-(X/Y/Z) tokens will be created beyond the initial 541110 (deflation), and thus the base price of SAMO-(X/Y/Z) (the guaranteed minimum price of the token) can only increase📈📈📈 , by design
- sCENT tokens enable consistent return value for Yield Farmers as well as for SAMOZ Stakers
- SAMOZ and sCENT are not tokens for sale with “promised development”, but by the time you read this article, the App is ready!
that’s all for now, SAMO Lovers 💖
stay tuned, 📻
send us message on telegram
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and keep digging! 🐾
