🌸Flower Accelerator Program

Flower Accelerator Program is focused on supporting startups in the Juno Network. Our goal is to empower ideas and help them launch innovative and fast-growing solutions on the Juno Network without being chained by venture capital firms.

We understand that bringing your ideas to life can be challenging from several perspectives. Lack of funding and operational support can be a massive obstacle for entrepreneurs and builders that want to rapidly deploy projects, but this does not mean that you have to stop.

The application procedure will proceed as follow:

1-Application

2-Assessment

3-Interview

4-Decision

Tell us about your project [e-mail]

Flower Pools

Flower Pools are complementary to single-sided staking and serve as an onboarding ramp for new projects. These projects will have a liquid market for their token without the need to approach accredited investors and/or seek listing on centralized exchanges. This enables them to accelerate their development within the COSMOS ecosystem.

There are several moving parts to Flower Pools. Firstly, a project must apply for a grant through Flower Accelerator Program. This is to ensure the project has been vetted, its code is secure (which may necessitate an audit), and the developers behind the project are acting in good faith

Accepted projects will first create a liquidity pair (their token and HOT). By initializing this LP, the project is setting the price of their token. These pools will have a minimum liquidity requirement to ensure risks inherent to the AMM (i.e., slippage and IL) are minimized.

Once this LP is created, the project will create a single stake pool containing their token. This single stake pool will require the project to allocate a percentage of their token’s max supply, which will be emitted over a period of time, hence single stake pools are time-sensitive. This token allocation and time duration are up to the discretion of the project’s development team, so they set the rate at which their token is emitted. This emission rate will determine the staking rewards of their pool. Users are incentivized to stake HOT in this single-stake pool, as they will receive staking rewards in the form of the project’s token. Furthermore, HOT holders can participate in multiple single stake pools simultaneously, allowing them to pull in multiple income streams (sum of APRs).

Given that multiple single-stake pools will be open at the same time, each with varying staking rewards, there will be an element of competition between new projects on the protocol. This will create a free market economy, which embodies the decentralized spirit of Hot'n Cold Finance, and by extension, cryptocurrencies as a whole. With that being said, certain parameters will be put in place to mitigate negative externalities.

After the single-stake pool is deprecated, Hot'n Cold Finance will support an LP staking for the corresponding project. Users who have obtained the project’s token via staking HOT in the single stake pool, swapping for it in the LP, or purchasing it on secondary markets, can exchange it to LP tokens, which can then be staked in HOT dex. HNC emissions will be used to reward users for staking.

Flower Accelerator Program offers a novel model designed to grow the ecosystem, all while incentivizing members of the community to participate.