Farming Update

3 min readOct 8, 2020

Since the last update we did change small details like rewards output, exact fee distributions, staking mechanics and so on.

Farms

We will launch 2 farms. Both farms will have NO minimum requirement but a maximum amount a person possibly can stake. The max. reward will be 1 IQ / day (24h). We will be able to launch and replace the lootbox once they got drained. We are also able to have multiple different lootboxes going at the same time.

$BRAIN — Stake up to 5 $BRAIN / Wallet. 5 $BRAIN = 1 IQ / DAY
$LOCKED BRAINWETH — Stake up to 5 $LOCKED BRAINWETH / Wallet. 5 $LOCKED BRAINWETH = 1 IQ / DAY

What is “LOCKED BRAINWETH”?

We will have a pretty straight forward tool on our website to convert your current $BRAIN/ETH Univ2 tokens 1:1 into $LOCKED BRAINWETH. The conversion is a one way path with means no one is able to convert $LOCKED BRAINWETH back into $BRAIN/ETH Univ2 or pull out liquidity of the Uniswap Pool.

Now you’re able to farm on the Locked LP pool with the $LOCKED BRAINWETH. This token will be tradeable as every other erc-20 token and therefore the Community will be able to open up a market for it.

Lootboxes

The allmighty lootboxes. Here are the facts.

Around 1616–1636 total NFT’s available.
Spread across 5 Tiers.
No supply of them ever again.
One pull costs 4 IQ.
Every pull could contain any rarity Tier.
The more gets pulled, the higher the chance of pulling a top Tier NFT.
NFT amounts and price can be changed and will be applied on the next Lootbox.

Fees & Rewards

On farmlaunch we will raise the fees from currently 0.1% up to 2%. This will basically initiate our start. To avoid any errors i will announce it on Telegram. The fees are sent to a Contract called “FeeDisributor” which then splits and sends the fees to the following destinations:

1.5% Locked LP Farm
0.25% Burn address
0.1% Creator (XMR)
0.1% Developer (DecentralisedTech)
0.05% NFT Treasury: 0xDDfF1Ddfb0608964053e9Bf767F2253101247bfb

The FeeDistribution function can be called by anyone and will get called constantly through Staking and withdrawing of either pools. The 1.5% fee rewards will be distributed from Block to Block (between 10–19 seconds).

We will have the APY displayed on our website https://nobrainer.finance

Hey, you still own 5’000 $BRAIN! [Insert FUD here]

Yes, relax. I got inspired by Trump and will announce a Timeframe where i will send a Stimulus Check to the Farm. Once i sent it, the Pool will automatically distribute the X $BRAIN to the current users that stake on our Locked LP pool by the next Block.

Obviously i won’t fucking yolo in ~200k$ at once. This will happen in batches while the first batch will be the biggest. Stay tuned on Telegram where i shitpost almost 24/7.