Annex Finance Announcement

2022-02-21 12:06:37 Pleased to announce the AIP-26 is now executed..!
1) $ANN Collateral Factor is increased to 50%
2) $XVS Collateral Factor is increased to 60%
3) $ANN Emission is increased from 24K daily to 36K
4) The Lending reverse is withdrawn & will be used for Liquidation BOT

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2022-02-21 11:54:20 https://coincrunch.in/2022/02/21/a-beginners-guide-to-passive-income-during-bear-or-bull-markets-via-annex-finance/ Open / Comment

2022-02-16 16:11:36 AIP - 26 is now LIVE !!

As part of the restructuring, we are proposing the below on BSC ~

1) Increase the Collateral factor of XVS to 60% and ANN to 50%
2) Increasing the Emission Rate of ANN to 36K from 24K to compensate the Single Staking/Auto Compounding Pool. Both will be discontinued once the AIP is executed. fyi similar setup will be done on Cronos Network too.
3) Withdrawing the reserves and will be used for Annex Liquidator bot.

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2022-02-15 15:06:50 As we are working towards growing the protocol, we are excited to announce our current roadmap as well as Defi 3.0 profit sharing implementation plan

https://blog.annex.finance/annex-finance-restructuring-roadmap-and-defi-3-0-profit-sharing-plan-f8731ffa68c5

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2022-02-14 15:25:21 Pleased to announce team have burned 2,175,073 $ANN from the rewards collected from LP Staking (Community Reserve)

Transaction IDs
Link 1
Link 2
Link 3

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2022-02-10 21:21:14 Update #3 of restructuring, team will increase the emission of ANN Supply in lending to replace APY from single and auto farm as well as increasing the reverse factor of all the assets to 25% to ensure the protocol is self sustainable in growth.

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2022-02-09 23:52:26 Update #2 of Annex Finance restructure, c.f. will be set the same for both on Cronos than on Bsc. For example, both Cronos and BSC's $TUSD will have c.f. of 80%

https://twitter.com/AnnexFinance/status/1491515141074169857 Open / Comment

2022-02-09 20:00:20 As we begin with our restructuring plan of the platform, Annex Finance will be moving all single and auto compound vault emission into the lending supplier, lending supplier will now earn the ANN emission by supplying ANN on lending collateral

https://app.annex.finance/dashboard

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2022-02-01 19:07:16 Annex IDO is LIVE !!
Fully decentralized IDO for any project to raise funds via Annex Finance !!

Key Highlights ~
1) Co-marketing if projects submit the IDO form & Annex Team chose them to support.
https://www.annex.finance/

2) If projects use $ANN as a bidding token and successfully raise the funds then Annex Team will support them in DEX and Farm.

3) Fully decentralized, Projects can bypass everything and launch via Annex IDO without Annex Team's support.
https://app.annex.finance/auction/create

4) Potential partnership with Annex Finance and listing of Project tokens in Annex Swap, Farm, and Pool.

5) Annex Finance IDO Fees is 100K #ANN Tokens, around 3K USD worth

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2022-01-31 11:53:56 Pleased to announce we are now listed on @MMFann
Stake $MMF > Earn $ANN
https://mm.finance/savanna

Stake ANN/CRO LP > Earn $MMF
https://mm.finance/farms

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