IBCO Launch: 3 days to go until you can stack
Join the IBCO launch on?Monday,?the 28th of November,?to get early access to discounted rates and rewards!
We have?21,794?people on our IBCO waitlist! The leader has?14730 points. You still have time to change it.
If you?want exclusive prizes and early access to the sEURO, join our referral program to get your hands on rare NFTs, our governance Token, TST, and more!
?How Does The Referral Program Work?
The higher your position on the leaderboard, the better the rewards. Top performers will even receive tokenized physical gold! Earn points to secure your spot in the rankings with waitlist referrals and other activities.
(Note: Rewards are conditional to IBCO participation. Appropriate airdrops are given after a user has committed more than 1K euro (made up of sEURO and USDT) of liquidity in stage two of the IBCO. TST is valued at 8 cents per TST. A maximum of 1.45 million dollars worth of TST is allocated to this airdrop.)
How each stage of the IBCO benefits you
Stage 1: Initial Discount Curve for sEURO
Users can buy sEURO at a massive discount starting at 80 cents. As more liquidity comes into the pool, the discount will become less until we reach a 1:1 peg.
This starts on the 28th of November, 2022
The sEURO is only considered a stablecoin once the Stage 1 discount reaches 1:1.
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Stage 2: Initial Bonding Curve (Liquidity Bond)
While users wait for the sEURO to reach parity with the EURO, they can already take advantage of the EURO value by buying a liquidity bond with the sEURO they just purchased.
Users commit the sEURO they received in stage 1 with an equal amount of USDC; they choose a maturity date. 7 days, 30 days 90days, 180days and 365 days. The longer the maturity date, the higher the yield of the bond.?
This bond is paid out in TST and enables the user to receive the membership tokens early at a great price. This process rewarded users for helping the protocol over-collateralizing and providing deep liquidity to the stability pools.
Stage 3: Staking TST
The DAO will vote on deploying the protocol-controlled value collected in stages 1 and 2 for the safest and highest yield. The yields of this pooled fund will initially be rewarded to TST stakers and later help the protocols treasury for R&D, marketing, and expansion.
The Standard Participation Poll
This anonymous poll will help us understand what the DAO can expect from releasing the first stablecoin sEURO and the bonding curve offering.
Thanks for your continued support!