Quote from: ZACHARIAA on March 18, 2022, 10:50:45 PM

Quote from: Citadao.io on March 18, 2022, 03:47:20 AM

Quote from: Chappas on March 18, 2022, 02:31:11 AM

There are a lots of yield farming pools which are very profitable and the interest rate is quite high. What amount of interest could a person gets if he yield he’s money on it?

Hey, I believe you are referring to yield farming with our Real Estate Tokens (RET) and USDC. For that you would receive rewards in our governance token, KNIGHT. We are targeting an APY of ~20% for yield farmers and we believe this is a very lucrative and competitive APY. We believe in ensuring sustainable yield and this would entail a sustainable price and sustainable APY. If your underlying yield farming token freefalls in price even though APY is high, you are likely to be at a net loss. Similarly, if your yield farming token is stable/appreciates in price but APY is freefalling, you are likely to not gain as much yield.

At CitaDAO, Real Estate Tokens will have a fairly stable price that appreciates in the long term and our yield farms will have an APY that can sustain over a long period. Thank you for the question!

Didn't see in thread that your Governance token is KNIGHT, is it a stable coin? What would be the maximum supply of it?

Hi. Nope, KNIGHT tokens are not stablecoins. They are the CitaDAO platform's native governance token that gives you the voting rights for decisions made with regards to the CitaDAO Treasury and Platform. We plan to introduce many more use cases for the KNIGHT token. The maximum supply is 10 Billion. Feel free to read more about our tokenomics here. Cheers!