How to swap Nalis to the Polygon chain + tokenomics
The big Koala Defi Polygon integration is almost here!
Only 2 days left till the launch of Koala Defi Polygon with hot APRs and very low transaction fees! In this blog we will provide you with all the information you need to be ready for Koala Defi Polygon. Tomorrow we will post a follow up blog with a step by step guide and all necessary links.
If you want more information about the advantages of having a multichain platform and why we chose to have a 48 hour (max) swap period please read our previous blog “A small yet positive delay”.
Let’s talk some Polygon Nalis swap numbers
To give everybody a fair chance to be ready at the launch of Koala Defi Polygon we will offer a 48 hour max time frame to swap BSC Nalis tokens to the Polygon chain. The swap will be first come first serve, so make sure you’re in time, there will only be 800,000 Polygon Nalis tokens available for the pre-launch swap. When 800,000 Nalis tokens have been bridged from the BSC to the Polygon chain the swap will end.
The minimum allocation for the pre-launch swap will be 100 Nalis.
The maximum allocation for the pre-launch swap will be 10,000 Nalis.
Of course it will also be possible to trade Polygon Nalis at Apeswap exchange to get started on Koala Defi Polygon.
The 800,000 Polygon Nalis tokens will get minted to provide first liquidity to the two farming pairs that will be available at the launch of Koala Defi Polygon. The Matic and USDT tokens will be provided by Koala Defi because there will not be a Polygon Nalis presale. A part of these tokens will be used to launch the first partnerships.
Nalis polygon will be available on ApeSwap exchange after the launch.
The block emission rate on Polygon will start at 6 Nalis per block and will be reduced progressively to 4 Nalis per block over a period of 4 months.
At the launch of Koala Defi Polygon, Nalis on the BSC chain will get a boost too and follow the same path. Starting at 6 Nalis per block and will be reduced progressively to 4 Nalis per block over a period of 4 months.
This means the APRs on BSC will get tripled!
For the first 15 days of the Koala Defi Polygon farming launch there will be a harvest locker in place. 50% of the earned tokens will get locked for the first 15 days and will gradually get released over a period of 5 weeks.
Timeline
20th 9AM UTC pre-launch swap for 48 hours.
22nd 9AM UTC end of swap.
22nd 9AM UTC Koala Defi Polygon will get launched and farming on polygon will start.
How to swap BSC Nalis tokens to Polygon Nalis tokens?
We’ve made it as easy as possible for you to swap your tokens from the BSC chain to the Polygon chain. Because we want to be fully independent of any third party you will have to swap your tokens twice. There will be no transfer tax in step 2.
To swap your BSC Nalis to Polygon Nalis you’ll have to complete 2 steps:
1) Use the AnySwap bridge to swap your BSC Nalis tokens to Anyswap Nalis tokens
2) Use the Koala Defi Polygon swap to swap your AnySwap Nalis to Koala Defi Polygon Nalis
We will post a step by step guide for the swap tomorrow with all necessary links.
Available farms and pools
At the launch of Koala Defi Polygon the following farms and pools will be available to stake your Polygon Nalis tokens. Expect some high APRs at the launch of the farms and pools, so be ready!
Farms
NALIS-MATIC APE LP
NALIS-USDT APE LP
Pools
NALIS
MATIC
ETH
BTC
USDC
AAVE
The Koala Defi Bridge
The Koala Defi bridge is planned to get launched next month, we hope to finish the bridge in the first half of September but will make sure the bridge is 100% safe and secure before it will be released.
Read more about our choice to build our own bridge in our previous blog “A small yet positive delay”
Keep an eye out for announcements and new blogs about the Koala Defi Polygon cross chain integration and follow Koala Defi.
Read our previous blogs about the Koala Defi Polygon integration:
A small yet positive delay
About Koala Defi on Polygon
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