{"id":1361,"date":"2022-10-16T09:51:31","date_gmt":"2022-10-16T08:51:31","guid":{"rendered":"https:\/\/www.digital-coins.net\/?p=1361"},"modified":"2022-10-17T10:26:29","modified_gmt":"2022-10-17T09:26:29","slug":"animal-farm-pig-pen-introduction","status":"publish","type":"post","link":"https:\/\/www.digital-coins.net\/index.php\/2022\/10\/16\/animal-farm-pig-pen-introduction\/","title":{"rendered":"Animal Farm – Pig Pen Introduction – A great profit opportunity?"},"content":{"rendered":"\n
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After yesterdays high-level overview of the Animal Farm (Article here<\/a>), lets have a closer look at the PigPen today. We remember that PIGS or the AFP token is the governance token of the Animal Farm. If you own PIGS, you own part of the Animal Farm and with that you are participating as an owner and get regular dividends in form of PIGS and BUSD. But lets start from the beginning.<\/p>\n\n\n\n

Vesting mechanics<\/h2>\n\n\n\n

PIGS staked in the PigPen represent a share ownership of the Animal Farm platform. And as you are an owner you will earn a part of all the platform fees and the right to vote on the future of the platform. Similar as to owning shares of a company in the traditional world.<\/p>\n\n\n\n

To keep the long-term benefit of the platform in mind, a vesting period of 50 days was implemented. This vesting period has not been implemented they way you might think: You cannot sell your PIGS within these 50 days. Nope, it got implemented much smarter in my opinion: You can sell only 2% of your PIGS per day. So at the end you would need 50 days to sell 100% of your PIGS. <\/p>\n\n\n\n

Dividend sources<\/h2>\n\n\n\n

So where does the money for the dividends for the PIGS owners come from? As partial owner of the platform you profit from all the fees paid by the users. This includes deposits and withdrawals of the Liquidity Farms and Pools, taxes from DOGS transactions and fees and yield earned from the Piggy Bank.<\/p>\n\n\n\n

In detail, the BUSD dividend comes from <\/p>\n\n\n\n