Crypt Finance LP Farms 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

• LP Farms
  • Stake LP tokens in the farm to earn $CRYPT rewards, where 50,000 $CRYPT rewards will be distributed across the following pools:
    • 35,000 – $CORPSE / DAI LP pool
    • 15,000 – $CRYPT / DAI LP pool
  • 0% deposit and withdrawal fees on LP pools
  • $CRYPT rewards will last for 12 months; ending July 6, 2023 4:30:00 PM

• 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 60,001; 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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