Dear Augury (a glimpse into the future)
Since the end of OMEN emissions, folks have been asking one question about Augury Finance: What comes next? Today, we’re going to answer that question.
A complete redesign of Augury Finance is on the way!
We’re anticipating rolling this redesign out before September 30, 2021.
Infinitum launches on Wednesday, September 8, 2021. It will be incorporated into the current Augury Finance design until we complete our redesign (above). Infinitum is a token that has an increasing price floor and can always be redeemed for USDC.
To learn more about Infinitum, you can view our white paper here: https://augury.finance/INFINITUM_AUGURY.pdf
You can also read our poster on Infinitum below:
We’re bringing Single-Staking back! Yes, you read that right. Augury Pylon is our new, proprietary system that allows us to leverage our in-house liquidity (our operational investment capital) in order to offer you rewards for staking. Since we are leveraging our investment capital, we can offer you OMEN again without turning on emissions.
To start, there will be a single staking pool made available for OMEN stakeholders. By placing your OMEN in the OMEN Pylon, you will receive 90% Infinitum and 10% OMEN. We are aiming to release Pylon the week of September 12th.
We will be monitoring our pylon system closely and will introduce other single staking options (e.g. MATIC, wBTC, wETH, etc.) that will give you the opportunity to earn both Infinitum and OMEN every single day!
Our OMEN buyback program is alive and working well. We’ve purchased over 1.2 million more OMEN over the past 3 weeks (~2.75%+ of the total supply). We will continue to make periodic purchases of OMEN, as we believe in the future of OMEN and the products that will continue to add value to the OMEN holders.
Things to do with OMEN
- Earn Dividends: You earn dividends by keeping your OMEN in any of the following areas: single-stake, LP (portals), and/or the OMEN vault.
- Earn Infinitum + More Omen: By staking OMEN in the Augury Pylons you can earn Infinitum and even more OMEN.
- Earn Airmail: You earn airmail by keeping your OMEN in any of the following areas: single-stake, LP (portals), and/or the OMEN vault. Look for a new Airmail at some point during this quarter.
- Participate in the Cauldron: Future Cauldron offerings will likely require a small contribution of OMEN in order to participate. We’ll unveil this along with our next cauldron offering.
About a month ago we announced a new product that will launch in our Augury Cauldron. We are still working on delivering this product and we should be able to unveil additional information by the end of the month.
In addition to all of the above, our team has been hard at work on a brand new knowledge base for Augury Finance. This portal contains information about our products as well as information about our team. To view this information, please visit: https://augurydocs.notion.site/Augury-14a84afddc1a4af8bc07c50f127af6dd
Until next time… Be safe. Be well. We thank you for your support.