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Home All Events Alternates Finance V2 LP Farms & Full Protocol Launch

Date

Mar 21 2022
Expired!

TimePacific Time

5:00 am

Your Time

  • Timezone: America/New_York
  • Date: Mar 21 2022
  • Time: 8:00 am

Status

Active

Alternates Finance V2 LP Farms & Full Protocol Launch

Tomb fork on Fantom, and a new layer from Alternates Finance.

DETAILS
  • Stake ASHARE2 in the boardroom for ALT2 rewards
  • Stake in the farm for ASHARE rewards, distributed over 180 days:
    • ALT2-FTM – 20,500
    • ASHARE2-FTM – 20,500
    • Curve-2Pool LP – 750 ASHARE, 0.5% withdrawal fee
    • USDC – 750 ASHARE, 0.5% withdrawal fee
  • ALT2 is the algostable, pegged to the price of TOMB
  • ASHARE2 is the shares token, with a total supply of 50,000
    • 4000 for the DAO, vested linearly over 180 days
    • 3500 for the team, vested linearly over 180 days
    • 42,500 for farming rewards
  • ABOND2 is the bonding token
  • Ownership of ALT2 and ASHARE2 has been renounced
  • During expansion, minted ALT2 is distributed as follows:
    • 80% to ASHARE2 stakers in the boardroom
    • 15% to the DAO
    • 5% to the dev
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