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Home All Events Bullet Finance LP Farms Launch

Date

Oct 11 2022
Expired!

TimePacific Time

5:00 am

Your Time

  • Timezone: America/New_York
  • Date: Oct 11 2022
  • Time: 8:00 am

Status

Rugged

Bullet Finance LP Farms Launch

October 10 update – the site is down, and the team hasn’t been heard from in several hours. No liquidity.

New algorithmic stablecoin pegged 1:1 to USDC on Avalanche.

DETAILS
  • LP Farms
    • Farming emission will last for 100 days
    • Stake LP tokens in the farms to earn GUN
    • 30,000 GUN to be distributed across the following pools;
      • 15,000 — BULLET/USDC.e LP pool
      • 15,000 — GUN/USDC.e LP pool
    • No deposit or withdrawal fee
    • Boardroom opens 24 hours after LP farms
  • Tokens
    • $BULLET is the algo-stable token, pegged 1:1 to USDC
      • Initial supply: 16,500
        • 15,000 — Genesis farming rewards
        • 1,500 — Pre-mint for initial liquidity
    • $GUN is the shares token
      • Total supply: 50,003
        • 30,000 — Farming rewards (vested linearly over 100 days)
        • 15,000 — DAO fund (vested linearly over 30 days – 500 GUN/day )
        • 5,000 — Dev fund (vested linearly over 30 days – 166.67 GUN/day )
        • 3 — Pre-mint for initial liquidity
    • $GRENADE is the bond token
    • Ownership renounced for BULLET [tx] contract

Blockchain

AVAX

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