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Home All Events - Ape O'Clock Alternates Finance Full Protocol Launch

Date

Mar 12 2022
Expired!

TimePacific Time

4:00 am

Your Time

  • Timezone: America/New_York
  • Date: Mar 12 2022
  • Time: 7:00 am

Status

Active

Alternates Finance Full Protocol Launch

New Tomb fork on Fantom.

DETAILS
  • LP farms with ASHARE rewards and the boardroom launch today
  • Stake ASHARE in the boardroom for ALT rewards
  • Stake ALT-TOMB LP (22,550 ASHARE); earn ASHARE
  • After 24 hours in phase 2 (18,450 ASHARE); stake ALT-ASHARE LP to earn ASHARE
  • 24 hours after phase 2 (1,000 ASHARE); stake CURVE LP in phase 3 to earn ASHARE
  • Rewards will last for 180 days
  • Max supply: 50,000 ASHARE
    • 4,000 ASHARE to treasury vested over 180 days
    • 3,500 ASHARE to team vested over 180 days
    • 42,500 ASHARE to staking pools
  • Stake ASHARE in the boardroom to earn more ALT
  • Deposit/ withdrawal has a lockup period of 6 Epochs, harvest lockup to 3 Epochs
  • During expansion, ALT distributed in the following way:
    • 80% to ASHARE stakers
    • 15% to treasury
    • 5% to dev wallet
  • ALT is the algostable, pegged to the price of TOMB
  • ASHARE is the shares token
  • ABOND is the bonding token
  • Ownership of the ALT, ASHARE and ABOND tokens has been renounced
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