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Home All Events - Ape O'Clock FATM Finance Boardroom Launch


Jun 04 2022

TimePacific Time

11:00 am

Your Time

  • Timezone: America/New_York
  • Date: Jun 04 2022
  • Time: 2:00 pm



FATM Finance Boardroom Launch

June 4 update: the site and socials are gone. Users are reporting they lost the tokens deposited into the genesis contract.

Tomb fork on Fantom.

  • Stake FSHARE in the boardroom for FATM rewards
  • Newly minted FATM is distributed as follows:
    • 80% to FSHARE stakers in the boardroom
    • 15% to the DAO
    • 5% to the dev fund
  • FATM is the algo-stable, pegged to FTM
  • ❌ FSHARE is the shares token, there is no information on the total supply
    • ❌ There is no information on how the FSHARE supply is allocated: to the DAO, the team, a treasury, farming rewards, etc.
  • FBOND is the bonding token
  • Ownership of the FATM and FSHARE contracts has been renounced
  • ❌ At the time this post is being published, there is no working UI for genesis, the farms or the boardroom
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