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Home All Events Fuzz Finance Genesis Pools Launch

Date

Jul 23 2022
Expired!

TimePacific Time

10:00 am

Your Time

  • Timezone: America/New_York
  • Date: Jul 23 2022
  • Time: 1:00 pm

Status

Active

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
    • $FBOND is the bond token
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