Monthly Report [December 2023]

Stackswap
4 min readDec 30, 2023

(Disclaimer: The contents are subject to change without prior notice, and under no circumstances can it be used as evidence of legal responsibility for investment results. The information provided here does not constitute investment advice. If you have any questions, please contact the Stackswap team.)

Hello Stackswap Community,

Do you remember the Welshcorgicoin Group Farming event held on Stackswap?

Starting on block 65,538 and ending at block 100,538,, approximately 14.2 million $WELSH was disitrubted every 500 blocks. Over the Group Farming period of 70 rounds, a total of about 1 billion $WELSH, or 10% of the total supply was paid as rewards.

https://www.coingecko.com/en/coins/welsh-corgi-coin
https://medium.com/welshcorgicoin/welsh-lp-pool-reward-available-on-stackswap-93a1d5aefab4

Currently, the size of the meme market, which includes the 1st generation Doge, the 2nd generation Pepe, and the 3rd generation BTC-20, is expanding surprisingly. In the market, new services are launched with meme coins based on expanded liquidity, and user interest is also focused.

Recently, Stacks’ first memecoin, Welshcorgicoin, has shown remarkable growth, and we are truly happy about $WELSH’s growth as a result of the early Stackswap events.

And following $WELSH, a new Group Farming is to start on Stackswap’s platform.

Boreden Retriever ($BORDN) x STSW

In this group farming, 75% (7,500,000,000 $BORDN) of the total supply of Boreden Retrievers and $2 million $WELSH will be supplied to the market.

Group Farming Types

1. LP farming for $BORDN and $Welsh with STSW-BORDN LP
2. Single Farming, Farming $BORDN and $Welsh with $BORDN
3. NFT farming to farm $BORDN with Gold Pass, Silver Pass (NFT)

1) LP Farming

Starting block: 133,774
End Blocks: 153,934

Farming period: 133,774 ~ 153,934 block (20,160 block, approximately 4 months)

Total Number of Rounds: 70
Blocks per Round: 288 (Rewards released approximately once every two days, depending on Stacks blockchain)

Token used for Farming: STSW-BORDN LP
Reward Tokens: $BORDN, $WELSH

Total LP Farming Quantity: 6,392,857,143 $BORDN
1,704,762 $Welsh
LP Farming Amount per Round: 91,326,531 $BORDN (x70 times)
24,354 $ Welsh (x70 times)

2) Single Farming

Starting block: 133,774
End Blocks: 153,934

Farming period: 133,774 ~ 153,934 block (20,160 block, approximately 4 months)

Total Number of Rounds: 70
Blocks per Round: 288 (Rewards released approximately once every two days, depending on Stacks blockchain)

Token used for farming: $BORDN
Reward Tokens: $BORDN, $WELSH

Total Single Farming quantity: 750,000,000 $BORDN
200,000 $WELSH

Single Farming quantity per Round: 10,714,286 $BORDN (x 70 times)
2,857 $WELSH (x70 times)

3) NFT Farming

Gold Pass Start Block: 133,774
Silver Pass Start Block: 134,842
End Block: 138,047

Farming period: 133,774 ~ 138,047 blocks (4,273 blocks, approximately 1 month)

Reward payment period: Claim after block 138,047

Tokens used for farming: Gold Pass NFT (Stake), Silver Pass NFT (Burn)
*Please note that Silver Pass tokens are burned after use.

Reward tokens: $BORDN, $WELSH

Total NFT Farming volume: 357,142,857 $BORDN
95,238 $WELSH

Boreden Retriever official channels

Progress Report

> Stackswap Dashboard (at block number 133,717)

> Stacks Accelerator Verified Tokens: 12

  • Stackswap (STSW)
  • Stacks (STX)
  • ALEX (ALEX)
  • atALEX (atALEX)
  • Arkadiko Token (DIKO)
  • Arkadiko Stablecoin (USDA)
  • Miamicoin (MIA) v1
  • Miamicoin (MIA) v1
  • Newyorkcity Coin (NYC) v2
  • Newyorkcity Coin (NYC) v2
  • Lucid Bitcoin (lBTC)
  • HireVibes (VIBES)

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