Fuzz Finance LP Farms & Boardroom 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

• LP Farms
  • Duration: 365 days
  • End Time: July 24, 2023 5:00 PM UTC
  • Stake $FUZZ in the LP farms to earn $ROCKET rewards
  • 35,000 $ROCKET rewards distributed across the following pools:
    • 30% — $FUZZ / USDC LP pool
    • 20% — $FUZZ / fUSDT LP pool
    • 15% — $ROCKET / USDC LP pool
    • 15% — $ROCKET / fUSDT LP pool
    • 10% — $FUZZ / ROCKET LP pool
    • ❌ Total pool allocation points adds up to 90%
  • 1% deposit fee on LP pools
  • No withdrawal fee
  • Operator can drain the pools 90 days after farms ends

• Boardroom
  • Boardroom opens 2 hours after LP Farms open
  • Stake $ROCKET in the boardroom to earn $FUZZ rewards
  • During expansion, newly minted $FUZZ rewards are distributed as follows;
    • 80% — Reward for boardroom stakers
    • 18% — DAO fund
    • 2% — Dev fund
  • Epoch time: 6 hours
  • Staked $ROCKET be locked for 6 epochs. Timer resets on every stake and rewards claim
  • $FUZZ rewards will be locked for 3 epochs. Timer resets on every rewards claim and stake
  • 7.5% sell tax on $FUZZ, applied when token price is under peg

• 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

• 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

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