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Home All Events Cex Finance Genesis Pools Launch

Date

Sep 12 2022
Expired!

TimePacific Time

5:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Sep 12 2022
  • Time: 8:00 pm

Status

Active

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]

Blockchain

BSC

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