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Home All Events Harbor Finance LP Farms & Boardroom Launch

Date

Nov 09 2022
Expired!

TimeUTC

2:30 pm

Your Time

  • Timezone: America/New_York
  • Date: Nov 09 2022
  • Time: 9:30 am

Status

Abandoned

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

Blockchain

BSC

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