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DeFiHedron Staking
HEX-related
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87

Jun'22

Founded

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Made by the team behind Hedron (very well-known project). No OA or admin keys, immutable. Contract "has been written" (no beta / audit / open source yet). No frontend exists yet.

Emojimeter

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About $ICSA

Official website is Icosa.pro, not Icosa.live. Icosa (ICSA) is a protocol which builds upon the Hedron protocol to add HDRN staking and additional incentives for staking HEX as well as jumpstarting the Hedron borrowing system. Icosa is built by the same team behind the Hedron protocol, ensuring seamless integration. Feature 1 (HSI Buy-Back) The Icosa protocol will buy any and all HSI NFT's created by the Hedron protocol at a rate determined by it's borrowable amount of HDRN and the HEX share rate at the time of sale. These HSI's are then detokenized and borrowed against by the contract to be sent to the Hedron liquidation auction 90 days later. Feature 2 (HDRN Staking) Stake HDRN for ICSA, the daily yield is determined by the amount of daily HDRN burnt within the Hedron contract. There are minimum stake lengths and bonuses associated with stake size Feature 3 (ICSA Staking) Stake ICSA for both HDRN and ICSA. Like HDRN staking, ICSA yield comes from daily burnt HDRN. HDRN yield comes from borrowed HSI HEX stakes and EES penalties collected by the contract over time Feature (We Are All the SA) You have to option to purchase an NFT from the Icosa contract which earns yield in ICSA during the limited "We Are All the SA" event. There is no set price, the price you choose determines the amount of stake points the NFT is allocated. Like HDRN staking, yield is determined by the amount of burnt HDRN each day. After the event entry phase has ended, no more entries can be made into the staking pool. The percentage of the staking pool your NFT is allocated determines your percentage of the daily yield in perpetuity. If other NFT holders end their stakes and claim their yield, they cannot re-enter. To end the stake and claim the yield, you must exit the staking pool. Because no new entries can be made into the pool, the percentage of pool allocation for all other NFT holders goes up when these stakes end. The last man standing earns 100% of pool yield.

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