Fuzz Finance Genesis Pools Launch
July 21 update – Fuzz Finance links, on their homepage, to https://twitter.com/fuzzfinance as their Twitter account. @FuzzFinance says they are not associated with this project.
New Tomb fork on Fantom.
❌ No docs published yet, at time of review.
DETAILS
- Genesis Pools
- Duration: 24 hours
- 20,000 $FUZZ rewards distributed across the following pools:
- 6,000 — $FUZZ / USDC LP pool
- 4,000 — $FUZZ / fUSDT LP pool
- 4,000 — $USDC pool
- 3,000 — $fUSDT pool
- 2,000 — $WFTM pool
- 1,000 — $FBOND pool
- 2% deposit on non-native pools, 0% on native pool
- No withdrawal fee
- 7.5% sell tax on $FUZZ, applied when token price is under peg
- Operator can drain the pools 90 days after genesis ends
- Tokens
- $FUZZ is the algo-stable, pegged 1:1 to USDC
- 7.5% sell tax applied when token price is under peg
- Initial supply: 20,010; allocated as follows:
- 20,000 — Genesis pool
- 10 — Pre-minted for initial liquidity
- $ROCKET is the shares token
- Total supply: 70,001; allocated as follows:
- 45,000 — Farming rewards (vested linearly over 365 days)
- 7,000 — Dev fund (vested linearly over 365 days; approx. 19 $ROCKET/day)
- 10,000 — DAO fund (vested linearly over 365 days; approx. 27.4 $ROCKET/day)
- 8,000 — Insurance fund
- 1 — Pre-minted for initial liquidity
- Total supply: 70,001; allocated as follows:
- $FBOND is the bond token
- $FUZZ is the algo-stable, pegged 1:1 to USDC
- Ownership renounced for GenesisRewardPool, $FUZZ, $ROCKET, $FBOND contracts
- Operator transferred to Treasury for $FUZZ, $ROCKET, $FBOND, Boardroom contracts
- ❌ Contract creator is the Operator for all other contracts, at time of review on July 21, 2022