Paid promotion. Always do your own research and use risk management.

Home All Events Harbor Finance Genesis Pools Launch

Date

Nov 08 2022
Expired!

TimeUTC

2:30 pm

Your Time

  • Timezone: America/New_York
  • Date: Nov 08 2022
  • Time: 9:30 am

Status

Abandoned

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

Blockchain

BSC

Next Event

Paid promotion. Always do your own research and use risk management.