Genesis Pools & Launch

A genesis launch is designed to bootstrap the protocol in the most decentralized way possible. It involves deploying several short-term staking pools of various blue-chip and partner tokens, allowing users to stake these tokens in exchange for the first batch of circulating peg tokens—at no cost to the stakers aside from a minor deposit fee.

Users may stake and unstake freely during the genesis period into one or multiple pools, depending on the token they wish to stake and the APR offered by each pool.

The Yield Strategy genesis pools will run for 72 hours, featuring modest emissions of peg tokens to ensure a balance between high APRs and a favorable launch peg price. Due to the relatively low emissions compared to the final circulating market cap of the peg token, we expect the peg ratio to be multiples higher than 1:1 $BERA. This setup allows us to maintain high APRs across all genesis pools while launching the protocol in a “safe zone,” where future emissions via the Vault can be sustained throughout the entire lifecycle.

Pools & Details

• Start Date: SOON (Early-Mid May)

• Running Time: 3 Days

• $BILLS Emitted: 10,000 (This means only ~$35k of sell pressure emitted when at peg price, therefore we expect to be quite high above peg after genesis)

Post Genesis Launch

In line with traditional seigniorage protocol launches—and the ethos of “if it works, don’t fix it”—Yield Strategy will create both the BILLS-B and SHARE-B liquidity pools with minimal initial liquidity. This ensures the legitimate pairs are properly established and supply cannot be front-run, sniped, or dumped.

Unlike newer seigniorage protocols that seed large amounts of liquidity during genesis which we find counterproductive to success, our approach aligns with what worked in hundreds of prior successful seigniorage protocol launches. A large seeded LP combined with a long 7-day genesis provides excessive exit liquidity for mercenary farmers, creating early selling pressure that strains the peg and jeopardizes a strong launch.

This lean genesis model has proven extremely effective across multiple successful seigniorage protocols in the previous cycle. The primary goal is to distribute the initial supply to the community in the most decentralized and fair manner possible.

Transition to Emissions Phase

Once the 72-hour genesis period ends, there will be a brief break before launching the $SHARE reward farms. This gives users time to unstake from genesis pools, pair their freely earned $BILLS into LPs, and begin farming high-APR $SHARE rewards.

After 1–2 epochs (6–12 hours) of $SHARE farming, we will open the Vault and begin the first epoch of printing $BILLS. This ensures that Bank participants have already earned some $SHARE and can stake it in the Vault to benefit from the highest-yielding early $BILLS emissions.

Once the initial epochs have run successfully and the protocol is functioning as intended, we will renounce ownership of the $BILLS token contract, eliminating the possibility of a mint-and-dump exploit, as detailed in the Security section.