🪙STAG Token

❗️Important Update (1 June 2021)❗️ As we continue developing the product, token emissions have been temporarily paused for the time being until product launch, to preserve token value for future participants.

Existing users that have staked liquidity in our staking pools are advised to remove your liquidity for now, as you will no longer be awarded tokens for doing so. Earned tokens up to this point will be used for our future platform product releases.

More information will be given at a later stage on development progress and future direction. We thank everyone for their support so far, and seek your understanding that the lack of updates is also due to an unfortunate lack of traction and interest by BSC users for our platform.

STAG is the native token of Stag Finance and it has the following uses:

• Capture the economic gains of our platform

• Future governance purposes

Users who participate in bootstrapping our platform via staking and interact with our coverage products will be rewarded with STAG.

STAG Details

Ticker: STAG

Total Supply: 20 million

Distribution:

To participate in Liquidity Mining, simply deposit your assets into the 5 available pools. See more here.

After 90 days, the 10% allocation to Liquidity Mining will be directed to Policy Mining.

Development Fund will be used to fund development and expand the team. The Development Fund will be emitted proportionally in line with the schedule of the Liquidity and Policy Mining i.e. for the first 90 days, a total of (10/77)*3m = 389,610.39 tokens will be linearly released and subject to the same 180-days lock-up mechanism below.

Partnerships funds will be pre-mined for strategic expenses such as listing fees, audits, liquidity for partnerships etc. These funds will be subject to a 24-hour timelock, as a reassurance to our users

Token Lock-up Mechanism

A lock-up mechanism on STAG rewards earned is put in place to maintain steady liquidity and price stability for STAG.

For the first 180 days, 20% of all STAG rewards can be claimed immediately and 80% of all STAG rewards earned will be subject to a 180-days linear unlock. See the following illustration:

Day	Directly awarded (%) - (A)	Locked (%) - (B)	Unlocked (%)* - (C)	Total Received (%) - (A) + (C)
0	20	80	0	20
90	20	40	40	60
160	20	8.89	71.11	91.11
180	20	0	80	100

*Unlocked (%) = (No. of days from launch/180)*80%

The lock-up mechanism for all STAG rewards will end after 180 days from launch (i.e. all STAG rewards earned from policy mining can be claimed immediately).