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Home All Events Farming Whales LP Farms Launch

Date

Jul 11 2022
Expired!

TimePacific Time

11:00 am

Your Time

  • Timezone: America/New_York
  • Date: Jul 11 2022
  • Time: 2:00 pm

Status

Rugged

Farming Whales LP Farms Launch

July 13 update – the team never provided presale buyers with the purchased tokens, and have disappeared.

July 11 update – While the contract for the farms technically started, no one has WHALEUSD and there were no deposits. The presale has also only raised about 10 AVAX. The team has not made an announcement as to the farming delay or a new date/time for it to start.

Tomb fork launch on Avalanche.

DETAILS
  • Stake WHALEUSD-USDC LP & WHALESHARE-USDC LP in the farms to earn WHALESHARE
  • Rewards will last for 365 days according to the docs, but the contract reads 2 years
  • Unstaking fee: 4%
  • WHALEUSD is the algo-stable, pegged to USDC.e
  • WHALESHARE is the shares token, with a total supply of 100,000
    • 50,000 WHALESHARE for farming rewards distributed over 12 months
    • 12,500 WHALESHARE for development, vested linearly over 12 months
    • 20,000 WHALESHARE for the DAO, vested linearly over 12 months
    • 17,500 WHALESHARE to Insurance Fund, vested linearly over 12 months
  • WHALEBOND is the bonding token

❌ They have not announced when the liquidity for WHALEUSD will be provided.

❌ They have not announced when the Boardroom launches.

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