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Home All Events Crypt Finance Genesis Pools Launch

Date

Jun 30 2022
Expired!

TimePacific Time

9:30 am

Your Time

  • Timezone: America/New_York
  • Date: Jun 30 2022
  • Time: 12:30 pm

Status

Abandoned

Crypt Finance Genesis Pools Launch

June 3 update – the team has not been present in the Discord for 3 days and the protocol has $7 TVL; we are considering this abandoned.

New tomb fork launch on Fantom.

DETAILS
  • Genesis Pools
    • Genesis pools will run for 48 hours; where 24,000 $CORPSE rewards will be distributed across the following pools:
      • 4,000 – $DAI pool (reduced to an allocation of 1,200 after the first 24 hours)
      • 4,000 – $USDC pool (reduced to an allocation of 1,200 after the first 24 hours)
      • 4,000 – $FTM pool (reduced to an allocation of 1,200 after the first 24 hours)
      • After 24 hours, $CORPSE / DAI LP pool will be added and allocated 8,400
    • 0% deposit and withdrawal fee on genesis pools
    • 25% tax on genesis pool $CORPSE rewards, on each deposit and withdrawal
  • Tokens
    • $CORPSE is the algo-stable, pegged to 1 DAI, with an initial supply of 24,001; allocated as follows:
      • 24,000 – Genesis Pool
      • 1 – Pre-minted for Initial Liquidity
    • $CRYPT is the shares token, with a total supply of 50,001; allocated as follows:
      • 50,000 – Farming Rewards
      • 5,000 – Community Fund (vested linearly over 12 months)
      • 5,000 – Dev Fund (vested linearly over 12 months)
      • 1 – Pre-minted for Initial Liquidity
    • $COFFIN is the bond token
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