Stages
The events that will take place at each stage are detailed below.

Stage 1 (Estimated start date: Mid-December 2021)

  • The main goal of stage 1 is related to protocol governance. Because of this, this phase is called the Distribution Stage. That's because, in this phase, which will last 4 months, 50% (1,137,500 HARPY) of the total supply of HARPY tokens reserved for community distribution (2,275,000 HARPY) will be distributed to investors through yield farming.
  • Upon achieving a distribution of 500,000 HARPY, it is believed that the community will have the capacity and competence to manage project decisions. So, at this point, the implementation of governance will begin. Investors will initially have control over:
    • Treasure funds, which corresponds to 10% (325,000 HARPY) of the total supply of HARPY tokens.
    • Funds reserved for post-launch liquidity incentives, which correspond to 15% (487,500 HARPY) of the total supply of HARPY tokens.
    • Pools to be introduced in token distributions, in stage 2, stage 3 and stage 4.
    • Amount of tokens to be distributed in each layer (Ethereum Mainnet and Arbitrum), from stage 2.
    • In other words, stakeholders rule everything.
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  • It will last 120 days from the start date of yield farming.

Stage 2 (Second quarter of 2022)

  • In Stage 2, which will also last 4 months, 25% (568,750 HARPY) of the total supply of HARPY tokens reserved for community distribution (2,275,000 HARPY) will be distributed to investors through yield farming.
  • Harpy Finance will expand to Ethereum Mainnet (L1), thus establishing operations on two layers of the Ethereum network, Mainnet (L1) and Arbitrum (L2).
  • A new product will be introduced in the Harpy Finance ecosystem: Lending and Borrowing.
  • Distribution will take place in pools defined by the governance.
There is a possibility that some products to be added in stage 3 and/or stage 4 can be anticipated and added in stage 2.

Stage 3 (Third Quarter of 2022)

  • In Stage 3, which will also last 4 months, 12.5% (284,375 HARPY) of the total supply of HARPY tokens reserved for community distribution (2,275,000 HARPY) will be distributed to investors through yield farming.
  • Lending and Borrowing must be improved, consolidating them as the main product of Harpy Finance.
  • A new product will be introduced into the Harpy Finance ecosystem: Leveraged yield farming.
  • Distribution will take place in pools defined by the governance.

Stage 4 (First quarter of 2023)

  • In Stage 4, which will also last 4 months, 6.25% (142,187.5 HARPY) of the total supply of HARPY tokens reserved for community distribution (2,275,000 HARPY) will be distributed to investors through yield farming.
  • Improvement of previously added products.
  • A new product will be introduced in the Harpy Finance ecosystem: Lottery System.
  • Distribution will take place in pools defined by the governance.

And after the end of stage 4?

Good question. After the end of stage 4, 2,275,000 HARPY should have been correctly distributed to the community. The governance will then decide whether or not to mint new HARPY tokens.
In addition, the team of developers continues to work to improve the products of the Harpy Finance ecosystem and bring other features requested by the community. This is just the beginning.
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Outline
Stage 1 (Estimated start date: Mid-December 2021)
Stage 2 (Second quarter of 2022)
Stage 3 (Third Quarter of 2022)
Stage 4 (First quarter of 2023)
And after the end of stage 4?