October 5 update – the team decided to lower the tax to 1% on buys and sells, increase the supply to 10 million APE, and remove the rebasing mechanism. They will conduct a new presale to implement these changes, participants in the previous presale can collect their deposited funds from Pinksale. No new date and time announced.

New token launch for a Titano fork launching on BSC.

The team has not announced a launch time yet, only that it will be on October 4. This time is a placeholder.

DETAILS

• Launch details
  • Token will launch on Pancakeswap
  • Token pair: APE/WBNB
  • Presale and listing prices will be determined at the end of the presale (soft cap: 50 BNB)
    • Presale will be held on Pinksale, here and will last for 2 days
  • Initial marketcap will be determined at the end of the presale
  • 60% of the presale funds will be added to liquidity 
    • ❌ No information on how the remaining presale funds are allocated
  • No vesting – 100% of presale tokens unlocked at launch
• Tokenomics
  • APE is the native token
    • Used for auto staking & compounding
      • 2.0750% daily APE token rewards
      • APE compounds every 10 minutes with 180,000% APY
  • Initial supply: 450,000 APE
    • 38.222222% – Presale
    • 39.851133% – Locked
    • 21.781667% – Liquidity (will be locked on Pinksale 365 days after pool ends)
    • 0.139978% – Unlocked
• 9% buy tax
  • 2% – Liquidity Pool
  • 3% – Insurance Fund
  • 3% – Treasury
  • 1% to a wallet held by the team, intended to be burnt periodically
• 12% sell tax
  • 2% – Liquidity Pool
  • 5% – Insurance Fund
  • 3% – Treasury
  • 2% to a wallet held by the team, intended to be burnt periodically
• Gamefi & ape NFTs are on the roadmap

New staking platform on Dogechain.

DETAILS

• Stake tokens on the dApp to earn native WOW tokens
• First staking token available is DC;
  • stake DC in staking pools to earn WOW rewards
  • 4 staking pools available; returns ranging from 3.4% – 5.4% daily APR
  • compound rewards for 5% bonus
• Other planned staking tokens include; WDOGE (on Dogechain), ETH (on Ethereum), BNB (on BSC)

Fractional algorithmic synthetic stablecoin farming platform on Polygon.

❌ No contracts at the time of review.

DETAILS

• Launch Details
  • Token will launch on MMF DEX, here
  • Token pair: xSHARE/USDC
  • Listing price: $0.005 – $0.01
  • Initial liquidity: $50 – $200 paired with xSHARE
  • 20,000 xSHARE minted for initial liquidity
  • Taxes: 0%
  • Farming is scheduled to open on Oct. 8

• Mechanics
  • Fractional collateralization mechanism is used to mint and redeem (burn) synthetic tokens – a tokenized derivative that mirrors the value of the underlying asset
  • xSHARE is the native utility token, used as collateral asset for minting/redeeming synthetics tokens
  • Initial synthetic token (“synths”) will be;
    • aMPL — fractional-algorithmic token, collateralized by xSHARE & MLP (MLP is the main token of MadMeerkat Perpetual Exchange)
  • Price stability is maintained through the minting and redeeming mechanics;
    • when over-collatarized (e.g. 1 aMPL = 1.05 MPL), mint the synth at a 1:1 ratio and then sell on the open market
    • when under-collatarized (e.g. 1 aMPL = 0.95 MPL), buy synth from the open market and redeem at a 1:1 ratio
  • Minting and redeeming synths on the platform incurs a 0.3% and 0.4% fee respectively
  • Synths can be used to participate in liquidity mining to farm xSHARE rewards, and to earn a share of protocol fees; e.g. stake aMLP/USDC in LP farms and earn xSHARE
  • xSHARE can also be staked to earn protocol fees or locked up (veSHARE model) to earn higher yields

• Tokenomics
  • Token symbol: xSHARE
  • Total supply: 100,000,000
    • 70% — Liquidity mining (linear vesting over 1 year)
    • 5% — xSHARE staking (linear vesting over 1 year)
    • 13% — Development fund (linear vesting over 1 year)
    • 10% — Treasury for peg protection, re-collateralizing (linear vesting over 1 year)
    • 2% — Strategic Advisors/Partners (linear vesting over 1 year)

New algorithmic stablecoin pegged 1:1 to BTC on Avalanche.

This is the launch of the third peg token in the Champion Finance multi-peg ecosystem, following the launch of the AVAX pegged $AVIC and ETH pegged $EVIC. All peg tokens are maintained by the same share token, $CHAM.

DETAILS

• Genesis Farms
  • Genesis farming will last for 3 days
  • 2.25 BVIC rewards to be distributed across the following pools:
    • 10% — BTC.b pool (reduced to 5% after the first 24 hours)
    • 22.5% — EVIC/WETH.e LP pool (reduced to 8.75% after the first 24 hours)
    • 22.5% — UVIC/USDC LP pool (reduced to 8.75% after the first 24 hours)
    • 22.5% — CHAM/AVAX LP pool (reduced to 8.75% after the first 24 hours)
    • 22.5% — CHAM pool (reduced to 8.75% after the first 24 hours)
    • BVIC / BTC.b LP pool added after 24 hours and weighted 60%
  • No deposit or withdrawal fee
  • Variable sell tax will be applied when selling BVIC and during LP creations. Tax applied when the Time Weighted Average Price (TWAP) is below peg;
    • 10% tax, if TWAP 0.9-1
    • 15% tax, if TWAP 0.8-0.9
    • 20% tax, if TWAP below 0.8
    • 30% tax within 24 hours after rebase
  • Use the built-in LP feature on the dApp to avoid tax when creating LPs
  • Maximum sell limit of 0.5% of circulating supply for every sell

• Tokens
  • Algo-stable tokens:
    • $BVIC is the algo-stable, pegged 1:1 to BTC.b
    • $UVIC is the algo-stable, pegged 1:1 to USDC
    • $EVIC is the algo-stable, pegged 1:1 to WETH.e
    • Variable sell tax, ranging from 10-20% is applied on all algo-stable tokens, when price is under peg. All the taxes sent to Protocol Owned Liquidity multisig
  • $CHAM is the shares token (across all algo-stable tokens)
    • Total supply: 72,001
      • 61,200 — LP Farm & Node rewards (vested linearly over 12 months)
      • 5,400 — DAO fund (vested linearly over 12 months)
      • 5,400 — Team fund (vested linearly over 12 months)
      • 1— Pre-mint for initial liquidity
  • $CHAM is also the governance token and holders have voting rights on proposals
  • No bond mechanism

• Features
  • Rebate (bond mechanism for building Protocol Owned Liquidity)
    • deposit bonding assets such as; BTC.b/WETH.e/USDC/USDC.e/WAVAX/MIM, and receive peg tokens at a discount
    • rebate opens when TWAP > 1.01
  • Rebase mechanism
    • used to support EVIC peg by reducing the circulating supply of $EVIC when either of the following conditions are met;
      • TWAP is at or below 0.6 at an epoch
      • TWAP has been below 1.00 for 15 consecutive epochs (6 hours/epoch)
    • Excluded from rebase – unclaimed BVIC rewards in genesis, $BVIC in DAO and Protocol Owned Liquidity wallets
  • LP Node pools
    • Lock up tokens in node pools for 1- 3 weeks to earn daily $CHAM rewards of 0.3% – 0.39% daily
    • 50% early withdrawal tax, if withdrawn before lock up period ends (fees sent to Protocol Owned Liquidity)
  • Chamily Pools
    • Earn quadruple rewards by staking Yield Wolf AVIC-LP receipt in the Chamily pool
    • Earn – AVIC LP APR on farm and auto-compounded by Yield Wolf, CHAM rewards, AVIC rewards and extra AVIC rewards when TWAP>1.01
    • Staked Yield Wolf LP is locked until the end of contract lifetime (ends on Oct. 15)
    • 50% early withdrawal tax, if withdrawn before lock up period ends (fees sent to Protocol Owned Liquidity)
  • ChamETF (Champion Finance ETF) for EVIC/BVIC/UVIC
    • Scheduled to launch on Oct. 15
    • ChamETF will be a new token that is distributed to Boardroom stakers instead of newly minted peg tokens
    • Newly minted peg tokens in the Boardroom is sold by the protocol to bring its price back to peg, and the profits converted to ChamETF tokens
    • ChamETF can then be sold without impact on the price of the peg token
    • ChamETF pool will include: BTC.b/ USDC/ WETH.e/ AVAX/ CHAM
  • Yield Wolf auto-compounding vaults
    • Stake LP tokens in Yield-Wolf vaults to earn auto-compounding rewards

Fractional algorithmic synthetic stablecoin farming platform on Polygon.

❌ No contracts at the time of review.

DETAILS

• Mechanics
  • Fractional collateralization mechanism is used to mint and redeem (burn) synthetic tokens – a tokenized derivative that mirrors the value of the underlying asset
  • xSHARE is the native, non-stable utility token, used as collateral asset for minting/redeeming synthetics tokens
  • Initial synthetic token (“synths”) will be;
    • aMPL — fractional-algorithmic token, collateralized by xSHARE & MLP (MLP is the main token of MadMeerkat Perpetual Exchange)
  • Price stability is maintained through the minting and redeeming mechanics;
    • when over-collatarized (e.g. 1 aMPL = 1.05 MPL), mint the synth at a 1:1 ratio and then sell on the open market
    • when under-collatarized (e.g. 1 aMPL = 0.95 MPL), buy synth from the open market and redeem at a 1:1 ratio
  • Minting and redeeming synths on the platform incurs a 0.3% and 0.4% fee respectively
  • Synths can be used to participate in liquidity mining to farm xSHARE rewards, and to earn a share of protocol fees; e.g. stake aMLP/USDC in LP farms and earn xSHARE
  • xSHARE can also be staked to earn protocol fees or locked up (veSHARE model) to earn higher yields

• Tokenomics
  • Token symbol: xSHARE
  • Total supply: 100,000,000
    • 70% — Liquidity mining (linear vesting over 1 year)
    • 5% — xSHARE staking (linear vesting over 1 year)
    • 13% — Development fund (linear vesting over 1 year)
    • 10% — Treasury for peg protection, re-collateralizing (linear vesting over 1 year)
    • 2% — Strategic Advisors/Partners (linear vesting over 1 year)

New algorithmic stablecoin pegged 1:1 to ETH on Avalanche.

This is the launch of the third peg token in the Champion Finance multi-peg ecosystem, following the launch of the AVAX pegged $AVIC and ETH pegged $EVIC. All peg tokens are maintained by the same share token, $CHAM.

DETAILS

• LP Farms
  • Farming emission will last for 12 months
  • Stake LP tokens in the farms to earn CHAM
  • A bot will be used to allocate and stabilize the APR for CHAM rewards across 5 LP pools, based on market demand. Available LP pools include;
    • BVIC/BTC.b LP pool
    • EVIC/WETH.e LP pool
    • AVIC/USDC LP pool
    • UVIC/USDC LP pool
    • CHAM/AVAX LP pool
  • No deposit or withdrawal fee in the farms
  • Boardroom opens at the same time as LP farms

• Boardroom
  • There will be 3 separate boardrooms – 1 for UVIC, 1 for EVIC and 1 for BVIC
  • Stake CHAM and/or Yield Wolf CHAM/AVAX LP and/or Yield Wolf BVIC-BTC.b LP in the Boardroom to earn BVIC
  • LPs deposited in Yield Wolf auto-compounding pools always earn CHAM in farm pools regardless of TWAP value
    • When TWAP > 1.01, those LPs will earn BVIC (Double rewards for LP holders when TWAP >1.01)
  • During expansion, newly minted BVIC rewards are distributed as follows;
    • 75% — Reward for Boardroom stakers
      • 50% — CHAM stakers
      • 30% — BVIC/BTC.b LP stakers
      • 20% — CHAM/AVAX LP stakers
    • 15% — Protocol Owned Liquidity fund
    • 10% — DAO fund
  • Epoch duration: 6 hours
  • Staked CHAM locked for 6 epochs and BVIC rewards locked for 3 epochs

• Tokens
  • Algo-stable tokens:
    • $BVIC is the algo-stable, pegged 1:1 to BTC.b
    • $UVIC is the algo-stable, pegged 1:1 to USDC
    • $EVIC is the algo-stable, pegged 1:1 to WETH.e
    • Variable sell tax, ranging from 10-20% is applied on all algo-stable tokens, when price is under peg. All the taxes sent to Protocol Owned Liquidity multisig
  • $CHAM is the shares token (across all algo-stable tokens)
    • Total supply: 72,001
      • 61,200 — LP Farm & Node rewards (vested linearly over 12 months)
      • 5,400 — DAO fund (vested linearly over 12 months)
      • 5,400 — Team fund (vested linearly over 12 months)
      • 1— Pre-mint for initial liquidity
  • $CHAM is also the governance token and holders have voting rights on proposals
  • No bond mechanism

• Features
  • Rebate (bond mechanism for building Protocol Owned Liquidity)
    • deposit bonding assets such as; BTC.b/WETH.e/USDC/USDC.e/WAVAX/MIM, and receive peg tokens at a discount
    • rebate opens when TWAP > 1.01
  • Rebase mechanism
    • used to support EVIC peg by reducing the circulating supply of $EVIC when either of the following conditions are met;
      • TWAP is at or below 0.6 at an epoch
      • TWAP has been below 1.00 for 15 consecutive epochs (6 hours/epoch)
    • Excluded from rebase – unclaimed BVIC rewards in genesis, $BVIC in DAO and Protocol Owned Liquidity wallets
  • LP Node pools
    • Lock up tokens in node pools for 1- 3 weeks to earn daily $CHAM rewards of 0.3% – 0.39% daily
    • 50% early withdrawal tax, if withdrawn before lock up period ends (fees sent to Protocol Owned Liquidity)
  • Chamily Pools
    • Earn quadruple rewards by staking Yield Wolf AVIC-LP receipt in the Chamily pool
    • Earn – AVIC LP APR on farm and auto-compounded by Yield Wolf, CHAM rewards, AVIC rewards and extra AVIC rewards when TWAP>1.01
    • Staked Yield Wolf LP is locked until the end of contract lifetime (ends on Oct. 15)
    • 50% early withdrawal tax, if withdrawn before lock up period ends (fees sent to Protocol Owned Liquidity)
  • ChamETF (Champion Finance ETF) for EVIC/BVIC/UVIC
    • Scheduled to launch on Oct. 15
    • ChamETF will be a new token that is distributed to Boardroom stakers instead of newly minted peg tokens
    • Newly minted peg tokens in the Boardroom is sold by the protocol to bring its price back to peg, and the profits converted to ChamETF tokens
    • ChamETF can then be sold without impact on the price of the peg token
    • ChamETF pool will include: BTC.b/ USDC/ WETH.e/ AVAX/ CHAM
  • Yield Wolf auto-compounding vaults
    • Stake LP tokens in Yield-Wolf vaults to earn auto-compounding rewards