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Home All Events - Ape O'Clock AiOMB Boardroom Launch

Date

Mar 01 2023
Expired!

TimeUTC

6:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Mar 01 2023
  • Time: 1:00 pm

Status

Active

AiOMB Boardroom Launch

February 28 update – the boardroom will begin March 1 (same time as the shares farms), instead of the previously planned March 2.

New algorithmic stablecoin pegged 1:1000 to ETH on Arbitrum.

No contracts available at time of review.

DETAILS
  • Boardroom
    • Stake AISHARE in the Boardroom to earn AIOMB rewards
      • ❌ No information available yet on how newly minted AIOMB rewards will be distributed
    • Boardroom only prints new BLOB tokens when TWAP > 1.01
    • Epoch duration: 6 hours
    • Staked AISHARE is locked for 4 epochs and AIOMB rewards locked for 2 epochs (every deposit/claim/withdrawal resets the lockup timer)
  • Tokens
    • $AIOMB is the algo-stable, pegged 1:100 to ETH
    • $AISHARE is the shares token
      • Total supply: 38,000
        • 30,000 — Farming rewards (vested linearly over 300 days)
        • 4,000 — DAO fund (vested linearly over 300 days – 13.33 AISHARE/day)
        • 4,000 — Dev fund (vested linearly over 300 days – 13.33 AISHARE/day)
    • $AIBOND is bond token
  • Features
    • Buy and sell taxes – 1% on AIOMB, 3% on AISHARE
    • Intelligence Assisted Trading System (IATS) to support peg via arbitrage trading
Links & Resources
Related Launches

Blockchain

Arbitrum

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