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Home All Events Frosty Finance Boardroom Launch

Date

May 30 2022
Expired!

TimePacific Time

9:00 am

Your Time

  • Timezone: America/New_York
  • Date: May 30 2022
  • Time: 12:00 pm

Status

Active

Frosty Finance Boardroom Launch

Tomb fork on Avalanche.

DETAILS
  • Deposit FROST in the boardroom for SNOW rewards
  • During expansion, newly minted SNOW is distributed as follows:
    • 90% to FROST stakers in the boardroom
    • ❌ 5% to the “community fund,” there is no explanation of what the community fund is
    • 5% to the dev and team
  • SNOW is the algo-stable, pegged to JOE
  • FROST is the shares token
    • ❌ There is no information on FROST supply, or how much goes to the team, the DAO, the treasury, and/or farming rewards
  • ICE is the bonding token
  • Ownership of the SNOW token has been renounced, but ownership of the FROST token has not been renounced
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