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
- 60,000 $EAGLE rewards will be distributed across the following pools:
- 0% deposit and withdrawal fee LP pools
- $EAGLE rewards will last for 1 month, ending September 7, 2022 4:00:00 PM UTC
- Stake LP tokens in the farm to earn $EAGLE rewards
- 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
- Initial supply: 45,000; allocated as follows:
- $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
- Total supply: 65,000; allocated as follows:
- $EBOND is the bond token
- $BRANDO is the algo-stable, pegged 1:1 to MIM
- 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
Related Posts
- Twitter: https://twitter.com/BrandoFinance
- Discord: https://discord.com/invite/nZP4kRnBWF
- Chart: https://dexscreener.com/avalanche/0xdbD28BBe06087af0CEC9951D19d6708aa4CB4402
- Chart: https://dexscreener.com/avalanche/0x15e563e5274f58A4F4412E01122185c515c3e8fd
- Contract: https://docs.brandofinance.io/protocol/contracts