Draco Finance Genesis Pools
Tomb fork on FTM.
- No docs – the team says they will provide docs, but launch is currently 4 hours away as I’m writing this and there are no docs
- Genesis pools last 72 hours
- The team will not be providing liquidity for the token(s), all liquidity will be provided by users during the genesis and farming stages
- Genesis pools will use WFTM and USDC
- The algo-stable will be pegged to FTM
- There is no information on the supply of the shares token, epoch length, expansion rate, etc.
- The homepage is a landing page saying “Coming Soon”
- Several people have asked if there is a deposit fee for the Genesis pools and they were ignored
- They claim they will have an audit after launch (audits after launch are not helpful, investors need to know before launch that the code is safe)
- They have ignored questions about KYC
- They say the team won’t own a “significant amount of tokens”