About New Canary

#NewCanary is an upgraded version of Canary which has been optimised for better DeFi user experience.

The main confirmed changes that you will see in the upgraded version:

- Fewer liquidity pools which would allow to increase the depth of the pools (i.e. minimise the price impact) and increase the reward per each LP token

- Reward payout in two tokens (CNR+PNG) or (CNR+JOE) to attract more users to both Canary, Pangolin and Trader Joe platforms as well as minimise $CNR inflation

- Clean unique UI for smooth user experience for wider and faster adoption of DeFi among new users

- Consolidation of Canary initiatives and resources in one place (NFTs, Education, Games, dApps)

📝NewCanary important notes

The CNR contract remains the same so there will be no contract migration in #newcanary

When time comes, liquidity providers will need to withdraw their liquidity from the old version and provide/deposit it at new canary. There will be no time limit to do that, both versions will co-exist till all liquidity is moved to new version. Therefore you can do it when it is convenient for you. But please be aware that the rewards in the old version of Canary will stop being paid out once #newcanary is launched.

The upgraded version is scheduled to be launched:

Feb-6, EST 08:00 / UTC 13:00