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Home All Events Bul Finance Genesis Pools Launch

Date

Feb 13 2022
Expired!

TimePacific Time

4:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Feb 13 2022
  • Time: 7:00 pm

Status

Active

Bul Finance Genesis Pools Launch

February 14 update – it appears that the Boardroom started printing too soon, and they made the Boardroom emissions too high. They are going to create a new Boardroom contract and airdrop BULSHARES to those who staked in the old Boardroom. See their Discord for full details.

Tomb fork on BSC with AssureDefi KYC.

DETAILS
  • Genesis pools will run for 48 hours
  • BUL Is the algo-stable, pegged to BNB
  • xBUL is a governance token obtained by staking BUL
    • Staked BUL becomes xBUL, the exchange ratio varies depending on the amount of BUL in the contract, see docs for more details
  • BULSHARES is the shares token, with a max supply of 70,000
    • 5,000 to the team, vested over 12 months
    • 5,500 to the treasury, distributed linearly over 12 months
    • 59,500 as farming rewards
    • 1 for initial liquidity
  • BULBONDS is the bonding token

It is unclear when the LP staking for BULSHARES rewards will begin, or when the full protocol will launch.

Blockchain

BSC

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