Beluga Protocol’s Roadmap

Beluga Protocol HAS MOVED
2 min readJan 1, 2021

Upcoming plans for Beluga Protocol.

Beluga Protocol launched successfully on December 29th, 2020. This launch was the dawn of the exciting plans Beluga Protocol has for the future.

🔑 Vaults

Vaults have been a plan for Beluga Protocol that have been mentioned since it’s inception at the start of December in 2020. Vaults are the core product of the ecosystem which will help maintain stability and will create many benefits for BELUGA holders.

Vaults will optimize yields for ones who deposit into them and they will be beneficial for BELUGA holders as well. Beluga Protocol vaults are no normal ones, instead they charge a 5% fee on profit which is used to buy BELUGA and distribute to people who stake BELUGA. This benefits holders by creating buy pressure on BELUGA. Ones who deposit into vaults will also get part of this action as farms that involve vault tokens are planned.

💡 Smart Index Funds

The Beluga Protocol team is also looking into building tokenized index funds, allowing holders of these funds to get exposure to several tokens on the BSC blockchain with only one token. This would be an extension to the Beluga Protocol AMM in the form of a version with smarter pools, opening the window for more innovation on the protocol.

⛽ Current Emission

The initial farms on Beluga Protocol were given too little rewards at the start of farming. To emit a better amount of the supply, each pool will get a boost to their rewards. The seed pools will get a slight boost which will make rewards more noticeable and the so called “death pools” will get a larger boost. The reason for emitting more to these pools is because of their benefit to both the price and liquidity of the BELUGA token.

♨ Future Emission

The emission of BELUGA tokens over the next few years will be on a curve. By the end of 2021, exactly 480k tokens will be emitted. This will increase on a yearly basis until around half of the supply has been emitted, once this happens, emission will begin to slowly decay. Something to note on this is the fact that this is emission via yield farming incentives. For the treasury’s BELUGA allocation, it will be minted at the start of 2022 and tokens will vest for a duration of 4 years. Last but not least, for the team’s allocation, it will be minted over the years BELUGA for yield farming will be minted with respect for the yearly amount of supply being minted.

🔗 Links

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