Polygalaxy Finance

Delegated Farming Burning Mechanism

Earned yields from the delegated farming will be used for GALAXY buyback and burn

Why delegated farming?

As POLYGALAXY is contributing to the liquidity pools of QuickSwap on Polygon network, these tokens are more than just a way to farm GALAXY. We’d like to play the long POLYGALAXY and make a benefit for users from these LP tokens in an optimal way.

When a wallet deposits an LP token into a farm, the POLYGALAXY  Smart Contract will then delegate these tokens to its farms on QuickSwap. When the wallet withdraws the LP tokens out of the farm, the LP tokens will be withdrawn by the contract out of QuickSwap as well. The wallet will still earn GALAXY as a reward, but the contract will also earn yields from 3rd party pools. These harvested tokens will then be used to buy and burn GALAXY tokens to increase the value and stability of GALAXY.