$GRASS ISPO Launching July 29th

GOAT Tribe
3 min readJul 8, 2022

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Fellow GOAT holders and lovers,

We’re delighted to announce the launch of the GOAT Tribe initial stake pool offering (ISPO) which will allow GOAT Tribe to raise funds while rewarding our loyal NFT holders.

Wen ISPO?

The public ISPO will start from July 29th, 2022, (Epoch 354) and last for six months until January 25th, 2023 (Epoch 390)

The first snapshot will be at the beginning of Epoch 354, however you may start staking before the event takes place.

How ISPO?

ISPO rewards will be calculated through live stake and the number of GOAT NFTs in your staked wallet. Meaning delegators will need to start delegating from the previous epoch to be eligible for the total rewards available.

Anyone can delegate to the ISPO pool to receive $GRASS, although holding GOAT NFTs will multiply the amount of $GRASS you receive.

Those who only delegate ADA will receive .01 $GRASS per staked ADA
Pool rewards will be 100% $GRASS.

Here’s a table breaking down the rewards according to the number of GOAT NFTs:

Each epoch will take a snapshot and verify the number of GOATs each delegate has.

During the 36 Epoch (6 months) ISPO period, GOAT Tribe will distribute 8,154,845 $GRASS, equivalent to 30% of the total supply of 27,182,818 tokens.

But that’s not all. Delegators will also be eligible to receive bonus NFTs whose utilities will be announced in the weeks ahead. These bonus NFTs include:

  • A custom 1/1 GOATIA NFT: awarded to the user who stakes the most amount of GOATs & ADA for the longest period of time.
  • Psy GOAT NFTs: awarded to users who stake at least 1000 ADA for a minimum of 18 epochs with at least 1 GOAT tribe NFT in their wallet, allocated on a per wallet basis.
  • Baby GOAT NFTs: awarded to users who stake at least 500 ADA for a minimum of 18 epochs.

Where ISPO?

GOAT Tribe is proud to partner with Uniscroll and we will use Uniscroll’s ISPO pools ticker: UNI1. Click here.

Uniscroll is a Web3 company that provides brands with decentralized solutions to grow their communities.

Current UNI1 delegators don’t have to change their delegation to be part of the GOAT Tribe ISPO.

New delegators can stake to UNI1 as long as the pool is not saturated.
Any ADA added after saturation will not earn any $GRASS rewards.

Delegate to UNI1 Today

Get ready to earn $GRASS by delegating your ADA and GOAT Tribe NFTs to the UNI1 stake pool.

*Note*
All GOAT Tribe NFTs must be in the same wallet delegated, any $ADA added after saturation will not earn any $GRASS rewards.
Stay up to date on all things GOAT Tribe by joining our Discord and following us on Twitter.

Resources:
Website: https://www.goattribe.io/
Twitter: https://twitter.com/adaGOATs
Discord: https://discord.gg/goattribe

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GOAT Tribe
GOAT Tribe

Written by GOAT Tribe

The Baddest Tribe on Cardano, launched 19th October '21 & building utility ever since. Hand illustrated #NFT series of 10,000 with the most engaged community

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