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Home All Events Frozen Walrus Full Protocol Launch

Date

May 14 2022
Expired!

TimePacific Time

11:00 pm

Your Time

  • Timezone: America/New_York
  • Date: May 15 2022
  • Time: 2:00 am

Status

Active

Frozen Walrus Full Protocol Launch

New Tomb fork on Avalanche.

No LP farms contracts.

DETAILS
  • Stake WSHARE in the boardroom to earn more WLRS
  • Deposit / withdrawal has a lockup period of 4 Epochs, harvest lockup to 2 Epochs
  • During expansion, minted WLRS is distributed as follows:
    • 65% to WSHARE stakers in the boardroom
    • 20% to the DAO
    • 10% to insurance
    • 5% to Dev
  • WLRS is the algostable, pegged to the price of USDC.e
  • WSHARE is the shares token, with a max supply of 60,000
    • 12,000 WSHARE to the DAO, vested linearly over 12 months
    • 6,000 WSHARE to the dev, vested linearly over 12 months
    • 42,000 WSHARE for farming rewards
  • WBOND is the bond token
  • WLRS reward tokens are linearly vested for 7 days
  • LP unstaking tax of 5% (gradually decreases over the weeks)
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