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Home All Events Draco Finance Full Protocol Launch


Feb 15 2022

TimePacific Time

3:00 am

Your Time

  • Timezone: America/New_York
  • Date: Feb 15 2022
  • Time: 6:00 am



Draco Finance Full Protocol Launch

Tomb fork on FTM.

  • DRACO is the algo-stable, pegged to FTM
  • SDRACO is the shares token, with a total supply of 1,000,000
    • 170,000 for Fantom farming rewards, over 365 days
    • The remainder are to be held in a timelock and transferred to each new chain the Draco launches on
  • DBOND is the bonding token
  • Ownership of the DRACO and SDRACO contracts has been renounced
  • During expansion, minted DRACO will be distributed as follows:
    • 80% to SDRACO stakers
    • 18% to the DAO treasury
    • 2% to the dev fund
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