Bogdanoff Finance Full Protocol Launch
March 3 update – their socials are deleted and the TVL is down to $1200. It’s unclear if it was a fail fork, or a rug. Marking as “abandoned” for now, if other info comes to light that is was a rug, I’ll update.
Tomb fork on Fantom.
- The boardroom will open at this time – stake BSHARE for BOGA rewards
- No deposit or withdrawal fees on the LP farms or boardroom
- BOGA is the algo-stable, pegged to the price of FTM
- Ownership of the BOGA token has been renounced
- BSHARE is the shares token, with a max supply of 70,000
- 5500 to the DAO, vested linearly over 12 months
- 5000 to the team, vested linearly over 12 months
- 59,500 as farming rewards
- BBOND is the bonding token
- During expansion, BOGA is distributed as follows:
- 80% to BSHARE stakers
- 18% to the DAO fund
- They don’t say where the remaining 2% goes