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Home All Events Esse Finance Genesis Pool Launch

Date

Jul 09 2022
Expired!

TimePacific Time

9:00 am

Your Time

  • Timezone: America/New_York
  • Date: Jul 09 2022
  • Time: 12:00 pm

Status

Active

Esse Finance Genesis Pool Launch

New Tomb fork on Fantom.

DETAILS
  • Genesis Pools
    • Genesis pools will run for 24 hours
      • 27,500 $ESSE rewards will be distributed across the following pools:
        • 4,000 – $WFTM pool
        • 3,500 – $USDC pool
        • 3,500 – $DAI pool
        • 4,000 – $ETH pool
        • 3,500 – $MIM pool
        • 9,000 – $ESSE / $USDC LP pool
    • 1% deposit fee on non-native pools and 0% deposit fee on native LP pool
    • No withdrawal fee
    • 5% sell tax on $ESSE during genesis
    • Genesis pool operator can drain the pools 30 days after genesis ends
  • 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
    • $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
    • $EBOND is the bond token
  • ❌ 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 be transferred at time of review
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