Esse Finance Boardroom Launch
New Tomb fork on Fantom.
DETAILS
- Boardroom
- Stake $ESHARE in the boardroom to earn $ESSE rewards
- During expansion, newly minted $ESSE rewards are distributed as follows;
- 85% – Rewards for Boardroom stakers
- 10% – DAO Fund
- 5% – Dev Fund
- Epoch time: 6 hours
- Staked $ESHARE be locked for 4 epochs. Timer resets on every stake and rewards claim
- $ESSE rewards will be locked for 2 epochs. Timer resets on every rewards claim and stake
- Tokens
- $ESSE is the algo-stable, pegged 1:1 to USDC
- Initial supply: 27,501; allocated as follows:
- 27,500 – Genesis Pool
- 1 – Pre-minted for Initial Liquidity
- Initial supply: 27,501; allocated as follows:
- $ESHARE is the shares token
- Total supply: 100,001; allocated as follows:
- 80,000 – Farming Rewards (vested linearly over 180 days)
- 15,000 – Team Fund (vested linearly over 150 days; approx. 100 $ESHARE/day)
- 5,000 – DAO Fund (vested linearly over 150 days; approx. 33.3 $ESHARE/day)
- 1 – Pre-minted for Initial Liquidity
- Total supply: 100,001; allocated as follows:
- $EBOND is the bond token
- $ESSE is the algo-stable, pegged 1:1 to USDC
- ❌ Token ownerships not renounced (at time of review)
- ❌ No contracts for the farms, boardroom or treasury (at the time of review)
- Operator transferred to treasury for $ESSE contract; other contracts have not been transferred at time of review
Related Posts
- Twitter: https://twitter.com/esse_fi
- Discord: https://discord.gg/5GMageDwBN
- Chart: https://dexscreener.com/fantom/0xe3909c598abfb8deaf56007aeb636fbcd8a2d224
- Chart: https://dexscreener.com/fantom/0xe2bb9a5840a51dfbe7ed47c97d753b6670d974a0
- Contract: https://docs.essefinance.app/esse-protocol/contract-addresses