ArbTomb Genesis Pools Launch

April 18 update – site & socials are gone and liquidity drained.

New algorithmic stablecoin pegged 1:1 to ARB on Arbitrum.

DETAILS

• Launch Schedule
  • Genesis farms – April 17, 6pm UTC
  • LP Farms – April 21, 6pm UTC
  • Boardroom – TBA

• Genesis Farms
  • Duration: 7 days (ends April 24)
  • Stake in available genesis pools to earn $PARB rewards
  • Total rewards: 70,000 $ARB
  • Genesis pools and pool allocations/weightings:
    • Non-native pools:
      • ARB — 4,200
      • WETH — 4,200
      • USDC — 4,200
    • Native pools:
      • PARB/ARB — 53,200
      • xARB — 4,200
  • Deposit fee: 0.5% (non-native pools); 0% (native pools)
  • Withdrawal fee: 0%

• Tokens
  • $PARB is the algo-stable, pegged 1:1 to ARB
    • Initial supply: 79,000
      • 70,000 — Genesis rewards
      • 1,000 — DAO fund
      • 8,000 — Initial liquidity (PARB/ARB)
  • $SARB is the shares token
    • Total supply: 15,000
      • 14,500 — Farming rewards (vested linearly for 365 days)
      • 500 — Initial liquidity (SARB/ARB)
  • $xARB is the escrowed version PARB, a non-transferable governance token
  • $BBOND is bond token