2/28/22 Forex AMA Highlights — PIGGY BANK Launch

Oink Oink! PIGS and DOGS about to go stellar!

First, please follow me for up-to-date crypto, DRIP, and Animal Farm updates!

DRIP Update: A major whale just hit max payout! This will start to happen more and more, as early whales reach max payout.

3/1/22 at 11AM EST, front end will launch. Referral links will go live. Contracts will be visible and reviewable.
A 48-hour countdown will begin before contract is un-paused.
Piggy Bank will begin contract interaction on 3/3/22
Visit https://theanimal.farm/
(the above link contains a referral link)

Very similar to DRIP Garden, will start with false existing balance. This is because it sets the exchange rate, and creates fairness for later investors. DRIP Garden started the same way.
In the DRIP Garden, DRIP-BUSD LP purchased “plants”, which produced seeds.
In the Piggy Bank, PIGS-BUSD LP purchases “piglets”, which produces “truffles”.
If you don’t timelock, the experience is just like the DRIP Garden. Your buy piglets, and you earn about 3% ROI worth of truffles. Everyday, if you don’t compound at a rate equal to or greater than the average user of the system, your ROI goes down by a little bit. This is incentivizes new piglets. The price of piglets goes down by a little bit every day. The rate at which piglets goes down is less than your ability to increase your capital by compounding. Those that compound daily will continue to see close to 3% daily ROI.

Additional options:

Timelock.
Only Non-inflationary staking that you can compound your bonus and your interest.
Airdrop-able Time-locked Stakes
When you time-lock, you set the time-lock interval. You now get a bonus, and the bonus will show in the UI as you decide your time-lock duration.
You will get your bonus rewarded daily, available to compound (but not withdraw until time-lock is done). You will get fewer bonus rewards to start, but it will increase your bonus as the time-lock goes on towards ending duration.
30% of the bonus is applied during that first 75% of the stake duration. 70% of the bonus is applied during the last 25% of the stake duration.

You can earn compounded bonus for the life of the stake.
It’s expected that the vast majority will be time-staked.
The Piggy Bank contract will be added to the whitepaper and explain the mechanics in the whitepaper.
When you initially buy, you buy truffles, which can immediately “compound” the truffles, and now you’ll have Piglets. And, if you time-lock you select a duration and you get the bonus
You can have multiple time-locked stakes in the same wallet, and you’ll be able to time multiple contracts to end at different times.

Referral bonuses are based on percentages. When you send out your referral links, you must have DOGS staked in the single-asset DOGS pool on the Animal Farm.
To earn 1% of referral percentage, you need 2 DOGS
2% referral percentage, you need 3 DOGS
3% referral percentage, you need 5 DOGS
4% referral percentage, you need 8 DOGS
5% referral percentage, you need 13 DOGS
5% is the referral cap
The referral DOGS requirement is adjustable, in case DOGS moons and becomes prohibitive for new users.
When you get a referral bonus, it is added to your principal immediately.

HotBit.io just added DOGS and PIGS to their exchange! Forex is reaching out to Binance for listing on Binance.
There will be an emergency endstake from a time-locked contract. If your built-dividends is greater than your initial principal, if will give you half of your principal back and end the time-lock.
The PIGPEN will see more BUSD enter it, and likely a smaller amount of PIGS stakers (as many will move PIGS to Piggy Bank). Also, DOGS tax will eventually be turned again. The Collateral Rehypothecation (lending Animal Farm assets to Pancakeswap) will be used to fund the PIGPEN. Right now, the BUSD being used is still from the L1 to L2 transition. Also, weakhands in the PIGPEN are filtering out.
A lottery is coming! In the lottery, the tickets will be purchased with DRIP and DOGS, which are sent to a burn address. Every ticket you buy will give you a chance to earn the PIGS generated from the site.
A ChainLink promotion is coming, to utilize ChainLink price feeds. The ChainLink partner will also provide the randomizer for the lottery.

Check out https://theanimal.farm/ to see the site in action.

(referral link embedded FYI)

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