Update
Updates
As we move forward, we’ve dedicated this section to outlining updates that align with our mission. Since our launch one week ago, we’ve made significant progress in accumulating $LIGHT, staying true to our initial goals. However, we’ve developed enhanced strategies to better execute our vision. Below, we outline these plans. Below, we outline these plans.
Rewarding Our Holders
To show appreciation for our loyal holders, we’re increasing rewards for stakers. Moving forward, stakers will receive a larger allocation of $LSTR tokens, granting them a greater ownership stake in the project they believe in. However, $LSTR holders will no longer receive direct $LIGHT distributions. Instead, $LIGHT accumulation for $LSTR holders will come solely from reflections generated by $DARK holdings. This decision allows us to consistently grow the treasury and too the yield it generates.
$LSTR tokens remain exchangeable for a proportional share of the treasury, but only if the majority of the community/holders agree to dissolve the treasury. This ensures $LSTR holders retain their stake in the project’s assets and earn a steadily increasing larger amount of $LIGHT per each $LSTR, aligned with our original documentation.
2. Treasury Diversification with $DARK
To strengthen our treasury and enhance our ecosystem’s flywheel, we’ve added $DARK to our treasury assets. This decision balances two objectives:
Supporting the growth of the $LIGHT ecosystem and projects building within it.
Leveraging $DARK as a productive asset that generates additional $LIGHT tokens via reflections.
We anticipate that $DARK’s potential appreciation in value, combined with its $LIGHT reflections, will create a sustainable positive impact on our treasury.
3. Trading Fee Allocation
To support our ecosystem, we’ve updated our trading fee structure as follows:
25% to purchasing $LSTR (50% to stakers, 50% to burn).
25% to purchasing $DARK, enhancing our productive treasury assets.
40% to purchasing $LIGHT, increasing treasury holdings.
10% distributed to raffle winners to incentivize community engagement.
What Does This Mean for $LSTR?
$LSTR remains the core treasury token, exchangeable for a pro-rata share of the treasury’s holdings if the community majority agrees to dissolve the treasury. Holding $LSTR offers a strategic advantage over holding individual assets like $LIGHT or $DARK. The $LIGHT value per $LSTR token is designed to steadily increase through:
$LIGHT generated from $DARK reflections.
Trading fees (1% of transactions), with 40% reinvested into $LIGHT and 25% into $LSTR (partially for stakers, partially for reserves), enhancing treasury value.
This structure makes $LSTR a leveraged bet on the growth of both $LIGHT and $DARK, benefiting from the ecosystem’s expansion.
Incentive Plans
To boost engagement and $LSTR trading volume, we’re introducing community giveaways. Every day, we’ll take a snapshot of the top 10 contributors by net trading volume. From these, two will be randomly selected to receive 10% fee allocation from trading volume generated that day.
What’s Next?
In the coming days, we’ll share a detailed roadmap outlining our future plans. We’re actively working on building the first DeFi infrastructure app for Heaven tokens. Stay tuned for more updates!
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