Songbird Micro (@sgbmicro) 's Twitter Profile
Songbird Micro

@sgbmicro

Providing Yield and Arbitrage Opportunities for your SGB in the safety of your own wallet

ID: 1473749128714743809

calendar_today22-12-2021 20:16:03

16 Tweet

1,1K Followers

7 Following

Songbird Micro (@sgbmicro) 's Twitter Profile Photo

Our team is targeting a Q1 2022 launch of a 2-token system collateralized by SGB that allows users to earn yield in their wallet and provide unique arbitrage opportunities. Stay tuned for more info #Songbird #Flare #XRP Flare ☀️ @FlareFinance Hugo Philion @theREALpattyxrp

Songbird Micro (@sgbmicro) 's Twitter Profile Photo

The two tokens of the system will consist of the following: SGBMicro - transactional token fully collateralized by SGB that grows in your wallet via system transfer fee rewards SGBKey - utility token that accrues rewards and is used to unlock collateral

Songbird Micro (@sgbmicro) 's Twitter Profile Photo

SGBMicro will automatically wrap the SGB collateral and delegate votes to signal providers during minting. All rewards will be distributed proportionally back to the SGBMicro holders.

Songbird Micro (@sgbmicro) 's Twitter Profile Photo

SGB Micro is collateralized by SGB a rate of 1000:1. This presents an easy arbitrage opportunity if the price of SGB Micro deviates from this ratio.