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Home All Events Alternates Finance Genesis Pools Launch

Date

Mar 10 2022
Expired!

TimePacific Time

8:40 pm

Your Time

  • Timezone: America/New_York
  • Date: Mar 10 2022
  • Time: 11:40 pm

Status

Active

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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