Cex Finance Genesis Pools Launch

September 8 update – launch delayed to September 13.

New algorithmic stablecoin pegged 1:1 to BUSD on BSC.

DETAILS

• Genesis Pools
  • Duration: 2 days
  • 13,740 $CUSD rewards distributed across the following pools:
    • 72.34% — $CUSD/BUSD LP pool
    • 8.73% — BUSD pool
    • 7.27% — WBNB pool
    • 5.82% — USDT pool
    • 5.82% — ETH pool
  • 1% deposit fee; no withdrawal fee

• Tokens
  • $CUSD is the algo-stable, pegged 1:1 to BUSD
    • Initial supply: 16,741 allocated as follows:
      • 13,740— Genesis farming
      • 3,000 — Airdrop
      • 1 — Initial liquidity
  • $CSHARE is the shares token
    • Total supply: 75,501 allocated as follows:
      • 55,500 — Farming rewards (vested linearly over 730 days)
      • 5,000 — Treasury (vested linearly over 180 days — 27.78 $CSHARE/day)
      • 5,000 — Team fund (vested linearly over 180 days — 27.78 $CSHARE/day)
      • 5,000 — Future Partner Pool (Minted at start)
      • 5,000 — Insurance fund (vested linearly over 365 days — 13.7 $CSHARE/day)
      • 1 — Pre-mint for initial liquidity
  • $CBOND is the bond token
  • Antibot mechanism: 3 seconds transaction delay on $CUSD/$CSHARE
  • Operator transferred to Treasury for $CUSD [tx], $CSHARE [tx] and $CBOND [tx]