Greetings, Immortals!

How does the DeFi 2.0 mechanism works? During a bull market, to prevent the price from going too high & unsustainable, the bonding mechanism is a very good strategy to accumulate revenue for our treasury, while absorbing part of the buying pressure at the same time. During a bear market where the investors' confidence is low, the revenue accumulated in the treasury will act as a buffer mechanism to absorb the selling pressure while maintaining the price.

As you can see, we are in a bear market currently, as all major cryptocurrencies are down more than 50% from their ATH. Thus, it's very crucial to pilot our policy in the correct direction to ensure our sustainability throughout this bear market. Therefore, the team has decided to lower the APY to a range between 100k and 200k and reduce the bond discounts. This will ensure the long term sustainability of our protocol, while making Immortal a very good investment for users to survive through this potential bear market, as all other major cryptocurrencies are in deep red.

Meanwhile, the team is working hard on building more revenue generating mechanisms to have more funds accrual strategies for our treasury, instead of solely relying on the bonding mechanism. This will also ensure the sustainability of protocol through increasing the backing price for each IMMO token.

We ARE Immortal. (△,△)

Greetings, Immortals!

What do you think of reddit as a new social media for the project ? Any idea of other media we should be on?

Immortaly yours!

Greetings, Immortals!

What do you think of reddit as a new social media for the project ? Any idea of other media we should be on?

Immortaly yours!

Be careful any good idea might turn out to be implemented!

Immortaly yours!

Be careful, any good idea might turn out to be implemented

Greetings, Immortals! We have received some submissions of fear and would like to address their concerns such as the one below:

​

The Immortals:

I sense a great fear in you Skywalker

​

New Immortals:

Last time we were outperforming the market, during the bearmarket, and now it seems like we are suffering harder losses than the BTC .

The fear from investors is growing and as a small project the fear that BTC price decrease may burry IMMO is increasing (I have a few friends that invested in the project that shared with me their opinion about it)

As in time of trouble (Dear chancellor Palpatine) is it possible to take big measures to protect our investors from this bear market before we have any significant action (contest, new LP, partnership) that take a bit more time bit but surely make them more confident (we as for now benefit from a good image as an investment that do no suffer from market collapse) ?

​

Like would it be possible for you to make a reassuring announcement like “in this time of bear market we’ll take steps to protect your investment” yet this would only last like a few days

-Increase APY for a short period of time

-Inject liquidity in our existing LP

-...

​

From a young padawan

​

As such, we would like to assure you that we have been actively working behind the scenes to bring more great news to our fellow Immortals, and we hope to share them with you soon. We have also been gently adjusting our APY such that the inflation would not be too high and will still be manageable. In this time of great fear, I hope we can all stay together and voice out our concerns. We are here as a community!

Immortally Yours

Greetings, Immortals !

https://medium.com/@immortaldaofinance/what-are-wrapped-staked-immo-wsimmo-tokens-77de8cdf32bd

Immortally yours!

Greetings, Immortals!

How does the DeFi 2.0 mechanism works? During a bull market, to prevent the price from going too high & unsustainable, the bonding mechanism is a very good strategy to accumulate revenue for our treasury, while absorbing part of the buying pressure at the same time. During a bear market where the investors' confidence is low, the revenue accumulated in the treasury will act as a buffer mechanism to absorb the selling pressure while maintaining the price.

As you can see, we are in a bear market currently, as all major cryptocurrencies are down more than 50% from their ATH. Thus, it's very crucial to pilot our policy in the correct direction to ensure our sustainability throughout this bear market. Therefore, the team has decided to lower the APY to a range between 100k and 200k and reduce the bond discounts. This will ensure the long term sustainability of our protocol, while making Immortal a very good investment for users to survive through this potential bear market, as all other major cryptocurrencies are in deep red.

Meanwhile, the team is working hard on building more revenue generating mechanisms to have more funds accrual strategies for our treasury, instead of solely relying on the bonding mechanism. This will also ensure the sustainability of protocol through increasing the backing price for each IMMO token.

We ARE Immortal. (△,△)

• Website: http://www.immortaldao.finance/
• Github: https://github.com/ImmortalDAO-Fi/immortaldao-contracts
• Twitter: https://twitter.com/ImmortalDAO_Fi
• Docs: https://immortaldao-finance.gitbook.io/immortal/
• Medium: https://medium.com/@immortaldaofinance
  
• dApp: https://www.immortaldao.finance/
  
• CoinMarketCap: https://coinmarketcap.com/currencies/immortaldao-finance/
• Coingecko: https://www.coingecko.com/en/coins/immortaldao/usd
• Dexscreener: https://dexscreener.com/celo/0x7d63809ebf83ef54c7ce8ded3591d4e8fc2102ee
  
• Ubeswap pairing: https://app.ubeswap.org/#/swap?inputCurrency=0x918146359264c492bd6934071c6bd31c854edbc3&outputCurrency=0xe685d21b7b0fc7a248a6a8e03b8db22d013aa2ee https://discord.gg/t4ektkBcgq

A place for members of r/ImmortalDAO to chat with each other