Introducing Super Pepe Bro
The next evolution of yield farming
Without further ado, introducing the first incubated project from The Smokehouse, Super Pepe Bros!
What is Super Pepe Bros?
One of my fondest memories of growing up was playing Super Mario with my childhood friends, seeing who could clear a level faster, not another worry in the world. Now, in this time of a global pandemic with Corona, and in a time of a Crypto epidemic, with the non stop horrendous RFI and PCS forks, the never ending rugs and exploits, everyone is just looking to find their nostalgic happy place and make some profit doing so. Super Pepe Bros is your chance to escape from all the bullshit and just forget about your worries for a while. Come help Pepe travel through the different worlds on his quest to save princess Pepe.
Not just your average forked farm.
What is it that makes Super Pepe Farm so unique?
The prime, differentiating feature we want to introduce is our new level up system, which we are incredibly excited about. Here’s how it works: the longer you stay staked and farm and harvest rewards, the more rewards you end up receiving. Each level that you progress increases your personal bonus multiplier. This bonus multiplier is compounded on top of your earnings, further increasing your rewards. Everyone starts at level 1 with a 1x multiplier. Each level you gain will increase your multiplier by 0.1. So, at level 2, you will have a 1.1x multiplier. At level 10, you will have a 1.9x multiplier. And, at level 30, you will have the highest level multiplier of 3.9x. You will be able to keep track of your level, as well as your farmed experience via the experience bar located at the top of our website. When you reach the required amount of rewards to get to the next level, you can harvest your rewards to level up (you can harvest rewards at anytime and as many times as you want). When you level up, Pepe goes to the next level, and our website changes to display the new world. Very cool stuff. We have also added a time restriction per level, so you can not progress to the next level until you have spent a certain amount of time in your current level. This was done to allow everyone the chance to progress through the levels together. Currently, we are aiming to set it to 6 hours per level, which would be about a 7 day limit to reach the maximum level. If you un-stake any amount, your level will be reset. Adding more, harvesting, or compounding WILL NOT reset your level. The longer you stake, the more ridiculously high the APY becomes.
This farm will come equipped with many single asset staking options, as well as many liquidity pair options. Any non native option and liquidity pair will have a 4% deposit fee. This deposit fee will be used to purchase SPB tokens and burn them. Smoke pairs will not have this fee included. This, in combination with the incentivized staking, should really cause a constant positive buy pressure on the coin and a constant price increase despite the inflation.
Breakdown of the levels:
Here is the chart of what it takes for each level.
Rewards per block:
We will start Super Pepe Bros with 5 rewards per block. When you reach max level, that will translate to 19 rewards per block. We will closely monitor rewards and, if our deflationary mechanisms can not keep up with the inflation, we will adjust the numbers until it reaches a perfect harmony.
Staking and pool options:
Single asset staking:
PEPE(10x)
SMOKE(6x)
WBNB(3x)
BUSD(2x)
ETH(2x)
BTCB(2x)
Dot(2x)
ADA(2x)
USDT(1x)
DAI(1x)
USDC(1x)
CAKE(1x)
AUTO(1x)
FUEL(1x)
Liquidity pairs:
PEPE-BUSD(40x)
PEPE-BNB(30x)
SMOKE-PEPE(25x)
SMOKE-BNB(20x)
ETH-BNB(2x)
DOT-BNB(2x)
ADA-BNB(2x)
BNB-BUSD(2x)
BTCB-BNB(2x)
USDT-BUSD(2x)
DAI-BUSD(2x)
USDC-BUSD(2x)
CAKE-BNB(1x)
AUTO-BNB(1x)
HYPR-BNB(1x)
FUEL-BNB(1x)
End Game Plans:
Super Pepe Bros will be more than just a farm. We are developing a game influenced by Mario Party. It will be a collection of fast paced multiplayer mini games in a stand alone application. Users will be able to wager their SPB coins and compete in lobbies with 4 to 8 other players, competing in these mini games. The user with the highest score at the end of the game will receive the pool of wagered rewards, and a percentage will be burned.
Presale details:
We will start the whitelisting process at 10 AM PST March 3rd. A Google form will be provided to collect user wallet addresses as well as planned BNB contributions. We will verify that anyone who wants to join the whitelist is holding the minimum 500 SMOKE in the following ways:
1. SMOKE staked in the SMOKE Pool
2. LP Tokens in the SMOKE Farms
3. SMOKE held in your wallet
We will post exactly how much LP is needed for each pair.
The whitelisting process will last for 24 hours.
You’ll have to hold your SMOKE until Super Pepe Bros launches in order to remain qualified for the presale.
Super Pepe Bros presale will begin on March 6th at 9:00 AM PST.
Rewards will start one hour after presale concludes.
Everyone will have an opportunity to stake before rewards begin.
All further details of the presale including max allocation and hard cap will be posted tomorrow.
What does the team get?
The team will receive payment by taking a portion of the presale BNB.
Additional to that, there will be 10% of the harvested rewards sent to the dev wallet, exactly like Smokehouse.
Lastly, from the 4% deposit fee charged on all non native options and pairs, the team will receive 25% of those fees. So 3% goes to buy backs and burns, and 1% to the developer wallet.
Funds will be used for aggressive marketing, including AMAs with very large communities. The schedule and dates will be announced soon.
Finally, we will be securing at least 3 audits — and Certik is definitely planned.
