User Ownership

Darkside Finance is a user-owned yield farm! When the house wins, you win too!

Our second layer, Stadium Arcadium, was the first user-owned yield farm in history via our all-new tokenized ownership system. Our user ownership mechanism is essentially the same in our third layer, Darkside Finance, with one notable exception: gradual USDC dividend release!

Our concept of user ownership is much different from others. Please see the details of what our tokenized owners receive. All of the listed benefits are secured by the code and delivered on-chain and automatically. This is far different from what you would get in almost any other crypto system that attempts "dividends."

Those other systems usually involve a centralized person taking money out of a centralized pile to trickle a relatively small amount of a farm's income to depositors via a "Syrup-type" pool. The one exception to that, Augury Finance, was broken in several ways. Its initial distribution system crapped out benefits only once a week on Friday, leading to a huge token dump immediately afterwards. Further, they used only a single inflationary token, which diluted the holders too much, instead of splitting their dividend and farming tokens and having different emission patterns to prevent such dilution.

Furthermore, Augury Finance and others that claim to offer dividends always offer a much lower percentage of the farm's income as dividends than we do. Other yield farming dividend systems tend to pay out relatively low percentages of farm income. Sticking with the example of Augury Finance, they recently tweeted that they had paid out $1.3 million in lifetime dividends. They reached this number after months in operation. They began with a cash raise of $2 million through Polycat, after which they provided only $1 of liquidity. Therefore, Augury's total gross profit from the presale was approximately $2 million. They also had $50m+ TVL the first day, and so we can approximate that they received another $2 million in deposit fees very early on. With an immediate income of $4 million, I do not understand why Augury could not pay out more than $1.3 million in its lifetime. Their total income must have been more than this back-of-the-napkin math would suggest, as it accounts for initial deposits only, so they are actually paying out only a small percentage of their income.

Contrast this with the case of our Stadium Arcadium, which was the world's first TRULY user-owned yield farm. We took in $750k in our presale, and then we paid out more than $750k directly to owners within a few days of the beginning of farming. Furthermore, 75% of all farm deposit fees were distributed in this manner, in addition to a $166k direct cash drop from reclaimed LITHIUM liquidity. We effectively gave a very high-percentage cash rebate to our presalers that was almost instantaneous, and all of the amounts and custody were handled on-chain and automatically by our system. No one could touch the public's fair share of the dividends, as dictated by the code.

Therefore, through our single token CZDIAMOND pool, users actually do own Darkside Finance and even receive the majority of the deposit fees! But what our users have is not just simple ownership because of how directly the dividends are distributed. What our users have is like an enhanced form of ownership, or the highest form of ownership that is now technologically possible. Please see the CZDIAMOND token page for details of our user ownership benefits, which are huge in both amount and percentage. Our system does not even have a fee wallet, and the creators harvest their USDC the same way you do.

The CZDIAMOND token is also farmed, so public DARK and CZDIAMOND farmers will own an increasing percentage of the system and thus receive an increasing percentage of platform fees as time progresses!

Note: CZDIAMOND LP pools, although they will have high multipliers, will NOT receive dividends. Therefore, we believe that users will be motivated to acquire additional CZDIAMOND to cover the various use cases.