Harbor Finance LP Farms & Boardroom 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 – Genesis delayed to November 8, thus delaying the farms and boardroom.

November 2 update – Genesis was delayed by 4 days, thus delaying the farms and boardroom also.

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

DETAILS

• LP Farms
  • Farming emission will last for 370 days
  • Stake LP tokens in the farms to earn TsTORM
  • 41,000 TsTORM to be distributed across the following pools;
    • 18,000 — DOCK / BUSD
    • 17,000 — TsTORM / BUSD
    • 6,000 — DOCK / TsTORM
  • No deposit or withdrawal fee

• Boardroom
  • Stake TsTORM in the Boardroom to earn DOCK
  • During expansion, newly minted DOCK rewards are distributed as follows;
    • 80% — Reward for Boardroom stakers
    • 15% — DAO fund
    • 5% — Dev fund
  • Boardroom only prints new DOCK tokens when TWAP > 1.01
  • Epoch duration: 6 hours
  • Staked TsTORM is locked for 4 epochs and DOCK rewards locked for 2 epochs (every deposit/claim/withdrawal resets the timer)

• 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