Paid promotion. Always do your own research and use risk management.

Home All Events ChocoDoge Boardroom 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

ActiveFeatured

ChocoDoge Boardroom Launch

New algorithmic stablecoin protocol, pegged 1:1 to USDC on DogeChain.

❌ Contracts unverified at time of review.

DETAILS
  • Boardroom
    • Stake $CD in the boardroom to earn $USCD
    • Boardroom only prints new $USCD when TWAP > 1 (expansion period)
    • During expansion, newly minted $USCD to be distributed as follows;
      • 45% — Reward for boardroom stakers
      • 55% — for redeeming bonds, incentive programs, and development; primarily game
    • Epoch duration: 4 hours
    • Staked $CD is locked for 12 epochs and $USCD rewards is locked for 6 epochs
  • Tokens
    • $USCD is the algo-stable, pegged 1:1 to USDC
      • Initial supply: 100,101 allocated as follows:
        • 100,100 — Genesis farming
        • 1 — Pre-mint for Initial liquidity
    • $CD is the shares (and governance) token
      • Total supply: 200,001 allocated as follows:
        • 200,000 — Farming rewards (vested linearly over 728 days)
        • 1,000 — Pre-mint for initial liquidity
    • $USBD is the bond token
Links & Resources
Related Launches

Blockchain

Dogechain

Next Event

Paid promotion. Always do your own research and use risk management.