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Home All Events - Ape O'Clock ArbTomb LP Farms Launch

Date

Apr 21 2023
Expired!

TimeUTC

6:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Apr 21 2023
  • Time: 2:00 pm

Status

Rugged

ArbTomb LP Farms 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
  • LP Farms
    • Duration: 365 days (ends April 20 2024)
    • Stake in available LP pools to earn $SARB rewards
    • LP Farms rewards: 14,500 $SARB
    • LP pools and pool allocations/weightings:
      • PARB/ARB — 6,000
      • SARB/ARB — 8,500
    • Deposit fee: 0%
    • Withdrawal fee: 0%
  • Tokens
    • $PARB is the algo-stable, pegged 1:1 to ARB
      • Initial supply: 79,000
        • 70,000 — Genesis
        • 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

Blockchain

Arbitrum