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Home All Events - Ape O'Clock Brando Finance LP Farms & Boardroom Launch

Date

Jul 09 2022
Expired!

TimePacific Time

9:00 am

Your Time

  • Timezone: America/New_York
  • Date: Jul 09 2022
  • Time: 12:00 pm

Status

Rugged

Brando Finance LP Farms & Boardroom Launch

July 8 update – rugged at launch. Site & socials gone.

New Tomb fork on Avalanche.

DETAILS
  • Schedule
    • LP farms begin at 4pm UTC (the time this launch is set for)
    • The boardroom begins at 5pm UTC
  • LP Farms
    • Stake LP tokens in the farm to earn $EAGLE rewards
      • 60,000 $EAGLE rewards will be distributed across the following pools:
        • 35,000 – $BRANDO / MIM LP pool
        • 25,000 – $EAGLE / MIM LP pool
    • 0% deposit and withdrawal fee LP pools
    • $EAGLE rewards will last for 1 month, ending September 7, 2022 4:00:00 PM UTC
  • Boardroom
    • Boardroom opens 1 hour after LP Farms
    • Stake $EAGLE in the boardroom to earn $BRANDO rewards
    • During expansion, newly minted $BRANDO rewards are distributed as follows (at time of review);
      • 100% – Rewards for Boardroom stakers
      • 0% – DAO Fund
      • 0% – Dev Fund
    • Epoch time: 6 hours
    • Staked $EAGLE be locked for 3 epochs. Timer resets on every stake and rewards claim
    • $BRANDO rewards will be locked for 1 epochs. Timer resets on every rewards claim and stake
  • Tokens
    • $BRANDO is the algo-stable, pegged 1:1 to MIM
      • Initial supply: 45,000; allocated as follows:
        • 40,000 – Genesis Pool
        • 5,000 – Pre-minted for Initial Liquidity
    • $EAGLE is the shares token
      • Total supply: 65,000; allocated as follows:
        • 60,000 – Farming Rewards (vested linearly over 2 months)
        • 4,999 – Team Fund (vested linearly over 1 month; approx. 167 $EAGLE/day)
        • 1 – Pre-minted for Initial Liquidity
    • $EBOND is the bond token
  • Token ownership is renounced for $BRANDO and $EBOND contracts
  • ❌ $EAGLE token contract is not renounced
  • Operator transferred to Treasury for $BRANDO, $EAGLE and $EBOND contracts
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