Alternates Finance Genesis Pools Launch

March 10 update – launch was supposed to be on March 11 at 12pm UTC, but they launched approximately 7 hours early. They say it was due to “community demand.”

New Tomb fork on Fantom.

DETAILS

• The genesis pools will last for 24 hours; where 27,500 ALT will be distributed as follows:
  • 1,810 ALT to TOMB stakers
  • 2,025 ALT to ETH stakers
  • 2,024 ALT to FTM stakers
  • 1,025 ALT to USDC stakers
  • 20,325 ALT to ALT-TOMB LP stakers
  • 275 ALT to team
  • 2,500 ALT to treasury
• 1% deposit fee
• ALT is the algostable, pegged to the price of TOMB
• ASHARE is the shares token; with 50,000 total supply
  • 4000 to the DAO, vested linearly over 180 days
  • 3500 to the team, vested linearly over 180 days
  • 42,500 as farming rewards, over 180 days
• ABOND is the bonding token
• Ownership of the ALT, ASHARE and ABOND tokens has been renounced

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