Hola babies! It’s a bloody May, and Baby wants to make certain changes according to the recent market conditions. As you might already know, one of the world’s top stablecoins was struck to the ground. It rings the bell that stablecoins usually have centralized problems and can be fragile at some point.
BabySwap normally uses the USDT route because it’s the best and easiest way to arbitrage between CEX and DEX. However, as of now, we’ve seen the uncertainty related to stablecoins. In order to make sure your benefits are not harmed and to kill the uncertainty in advance, we immediately respond to the possible crisis and always have a plan B.
Farm Adjustment
Due to the recent uncertainty related to stablecoins and to be more antifragile, we will add BNB farms and LP trading pairs to BabySwap. Since our goals at all times are to match with the market, to avoid the risks of facing uncertainties, and to be antifragile.
Here are the farms newly coming in:
Current USDT farms will be reserved and their multipliers will be reduced to 50% of their originals until further notice. The remaining 50% is distributed to the corresponding BNB farms.
Principal’s Note
🍼Docs
Disclaimer — All projects are subject to both high market risk and volatility. Please, do your own research and full due diligence before even considering investing your funds in any project and please, make your investments very cautiously. BabySwap will not be held responsible for any investment losses.
