April Finance Liquidity, Genesis Pools & LP Farms Launch

April 20 update – site and socials deleted, liquidity drained.

Launch of new algorithmic stablecoin pegged to 100:1 to BNB on BSC.

DETAILS

• Launch Schedule
  • $APRIL & $SPRING Liquidity – April 20, 8am UTC
  • Genesis farms – April 20, 2pm UTC
  • LP Farms – April 20, 8pm UTC
  • Boardroom – April 23, 2pm UTC

• Launch Details
  • Token will be listed on Pancakeswap
  • Token pair: APRIL/BNB and SPRING/BNB
  • Listing price:
    • 0.01 BNB = 1 APRIL
    • 1 BNB = 1 SPRING
  • Initial liquidity: unknown
  • Taxes: 2% sell tax on $APRIL

• Genesis Farms
  • Duration: 3 days (ends April 23)
  • Stake in available genesis pools to earn $APRIL rewards
  • Total rewards: 20,000 $APRIL
  • Genesis pools and pool allocations/weightings:
    • Non-native pools:
      • USDT — 5,000
      • BUSD — 5,000
      • BNB — 3,000
    • Native pools:
      • APRIL/BNB — 7,000
  • Deposit fee: 0%
  • Withdrawal fee: 1% (non-native pools); 0% (native pools)
  • LP stakers receive withdraw fee reduction in genesis by staking LPs in $SPRING LP farms
  • Claim tax: 2% claim tax on $APRIL rewards, which increases by 2% for every claim within a hour time period; up to max of 10%. If rewards compounded, the claim fee is 0% and will be locked for 1 hour
  • Sell tax: 2% on $APRIL

• LP Farms
  • Duration: 180 days (ends Oct 17)
  • Stake in available LP pools to earn $SPRING rewards
  • LP Farms rewards: 50,000 $SPRING
  • LP pools and pool allocations/weightings:
    • APRIL/BNB — 30,000
    • SPRING/BNB — 20,000
  • Deposit fee: 0%
  • Withdrawal fee: 0%

• Tokens
  • $APRIL is the algo-stable, pegged 100:1 to BNB
    • Initial supply: 21,000
      • 20,000 — Genesis
      • 1000 — Initial liquidity (APRIL/BNB)
  • $SPRING is the shares token
    • Total supply: 55,001
      • 50,000 — Farming rewards (vested linearly over 180 days – 277.77 SPRING/day)
      • 5,000 — Dev fund (vested linearly over 180 days – 27.77 SPRING/day)
      • 1 — Initial liquidity (SPRING/BNB)
  • BLOOM is the bond token