OTC Desk

Protocol Owned Liquidity Accumulation

The OTC Desk offers users the ability to purchase $SHARE at a discounted rate of 10-20%. Users can purchase discounted $SHARE through the OTC Desk utilizing a range of blue chip tokens including $HONEY and $wBERA. This provides immense benefit for the protocol treasury as it builds a strong blue chip backing that can be utilized in various ways to boost protocol profitability as well as directly support peg stability while offering users the ability to purchase $SHAREs at a market discount.

Purchased $SHARE is vested linearly over 3 days and can be utilized in any manner the user sees fit whether to add to LP in the Bank, stake to earn a higher APR in the Vault or to perform market arbitrage.

How It Works:

• The accumulated protocol-owned liquidity will be strategically used for:

  • Supporting peg stability

  • Generating additional yield and revenue through off protocol LP farming and strategies

  • Marketing initiatives to expand protocol adoption

  • Onboarding & Supporting current active communities on sonic

  • Working with other credible teams building on the Sonic network, In order to create a strong interlinked ecosystem for users

  • Ongoing incentives for active community members such as, competitions & giveaways within our Discord, Telegram & Twitter community