<aside> ✅ Incubator went live on Harmony Mon 6, Dec 2021 at 18:00 UTC https://harmony.parrotdefi.com/incubator
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Where others failed we aim to succeed. As previously deployed on Arbitrum and IoTeX networks, Incubator is coming to Polygon.
Burn $1PEGG to get $BPEGG and Stake $BPEGG to earn way more $1PEGG.
We’ll explain it all, keep reading.
Parrot Incubator is similar but not the same as Goose Finance Incubator.
The guys from Goose, to combat inflation, decided to start layered farming with a feature called Incubator, which consisted of users staking their $EGG and getting a new token (GG1, GG2, GG3, etc). These layers were generated automatically every 7–10 days.
The Incubator was an $EGG pool generator with a burning fee. It had a very high multiplier, around 60x (The total multiplier of all pools was 150), and the most prominent point was a burning fee applied to their genesis layer tokens, $EGG. This fee was from 2% to 20%.
Parrot Incubator is a newly and improved version of Goose Finance’s Incubator, with the main difference being a 100% burning fee instead of goose’s 2% to 20%.
This is huge, and it will fight inflation at epic dimensions.
