Farming & Other updates
Farming is up!
Our first ever farming pool is up and due to start on BSC block #15173546 (Feb. 11 ~midday).
It can be access through the dApp at farming.ethosproject.io
The first pool requires staking of ETHOS-BNB LP tokens acquired by adding Ethos liquidity on pancakeswap.finance
Pool 0 Details
Stake: ETHOS-BNB LP
Reward: ETHOS
APY: ~1024% expected
Pool 1 — Stake ETHOS to earn ETHOS (coming soon)
Pool 2 — Stake ETHOS-BNB LP to earn EverSol (project to be launched soon)
Pool 3 — Stake EverSol-BNB LP to earn EverSol (TBA)
Pool 4 — Stake ETHOS-BNB LP to earn NFTs (TBA)
Details about aforementioned projects and farms are to be announced in the coming weeks.
Farming Instructions
- Browse to https://farming.ethosproject.io/ on a PC browser with Metamask installed (other clients may work also). On mobile, use the Metamask or Truswallet apps to access directly.
- Connect wallet by clicking the button on the top right, select client and click connect. Confirm the connection within the wallet client pop-up.
- Select the Ethos farm available.
4. Click “Approve” to begin, if you do not have any ETHOS-BNB LP tokens click the button “Get LP Tokens”
5. Approve the transaction on Metamask or you selected wallet client.
6. Once Approval is confirmed on-chain, click the “Deposit” button and select either manually enter the amount of LP tokens to stake or simple click, “Max” and confirm. Confirm the subsequent wallet transaction.
7. Once your deposited LP balance appears, you are done! Once the farm starts, rewards will start to accumulate.
If you have any questions or require assistance staking, please ask in our Telegram community.
Audit platform development update
The planned instant, automated (instamated?) audit platform is under development and a beta is planned to launch initially as an API within the next 4–6 weeks.
Expected features on launch are:
- Enter on-chain contract ID as input
- Pay with ETHOS to perform audit
- View audit results instantly
- Fix issues and retry audit as many times as necessary
- Once audit result is acceptable, choose to mint the report into an Ethos Audit NFT if you are the ‘owner’
- Audit will test most points of failure covered within a full, standard manual audit
Ethos DAO update
As mentioned before, Ethos will be transforming into a DAO to utilize community token holders as governance of it’s automated audit platform.
The main role of the DAO will be to propose and vote on the addition of new vulnerability checks within the automated platform.
As new threats become evident and exploits discovered, it will be up to the Ethos holders to continuously add the check to the audit platform.
Once a proposal is voted on and accepted, its community-appointed leaders and devs will proceed with the necessary development updates using the treasury funds as purchasing power.
And finally, the treasury will accumulate with profits from both automated and manual audit sales over time.
Tentative launch: Q2 2022
Wen marketing?!
The harsh reality of it is that marketing costs money, and token price doesn’t justify sales of tokens to pay for marketing. Especially at this time when the market is going through the tail end of a cycle.
We’ve been very clear that this is a time for development and being in a solid state of development when the market starts to turn for good.
In order to accumulate a decent treasury amount, more sales will need to take place. However, over the next few months, we will go ahead and audit selected projects that we like for free simply to increase exposure and build up our database of audits.
If you have any suggestions of audits to perform on projects you like, please @ mention the team in the Telegram chat and we can vote on it.
We continue to rely on development and sales progress to build up our marketing push over the course of Q1 & Q2.
About Ethos
Ethos is a crypto services organization which specializes in bringing additional security to the crypto space by applying a proven and standardized approach to token and platform smart contract auditing. Ethos’ team of experienced developers bring decades of development and code auditing history from the traditional software development world.
Website: https://www.ethosproject.io/
Farming: https://farming.ethosproject.io/
Telegram: https://t.me/TheEthosProject
Twitter: https://twitter.com/EthosProjectBSC
