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Home All Events - Ape O'Clock FATM Finance Genesis Pools Launch


Jun 02 2022

TimePacific Time

11:00 am

Your Time

  • Timezone: America/New_York
  • Date: Jun 02 2022
  • Time: 2:00 pm



FATM Finance Genesis Pools 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.

  • Genesis pools run for 1 day, distributing 20,000 FATM as follows:
    • 10,000 to WFTM
    • 4000 to USDT
    • 3000 to USDC
    • 3000 to TOMB
  • 0.5% deposit fee on genesis, the deposit fees is converted to FATM-FTM liquidity by the contract
  • 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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