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

Related Posts