Harbor Finance Genesis Pools Launch

November 9 update – the site and socials are gone. Last we checked it had about $100 TVL. We are classifying this as abandoned, as it looks like a fail fork, but welcome more information should anyone send it in.

November 3 update – delayed to November 8.

November 2 update – launch delayed to November 7.

New algorithmic stablecoin pegged 1:1 to BUSD on BSC.

DETAILS

• Genesis Farms
  • Genesis farming will last for 24 hours
  • 2,400 DOCK rewards to be distributed across the following pools:
    • 50% — DOCK/BUSD LP pool
    • 35% — ETH pool
    • 35% — BUSD pool
  • After 24 hours, an additional 21,600 DOCK rewards will be distributed for 9 days, with the following pool allocations;
    • 90% — DOCK/BUSD LP pool
    • 5% — ETH pool
    • 5% — BUSD pool
  • 1.5% deposit fee on non-native pools; 0% on native (DOCK/BUSD pool)
  • No withdrawal fee
  • Operation can drain funds 30 days after end of pools. governanceRecoverUnsupported set to “poolEndTime + 30 days” on DockGenesisRewardPool contract and DockRewardPool contract (ownership not renounced at time of review)
  • LP farms and boardroom opens 24 hours after genesis

• Tokens
  • $DOCK is the algo-stable, pegged 1:1 to BUSD
    • Initial supply: 27,001
      • 2,400 — Genesis farming
      • 21,600 — Additional DOCK farming
      • 1,000 — Airdrop
      • 2,001 — Pre-mint for initial liquidity
  • $TsTORM is the shares token
    • Total supply: 50,001
      • 41,000 — Farming rewards (vested linearly over 370 days)
      • 4,500 — DAO fund (vested linearly over 300 days – 15 TsTORM /day)
      • 4,500 — Dev fund (vested linearly over 300 days – 15 TsTORM/day)
      • 1— Pre-mint for initial liquidity
  • $DBOND is bond token