Hero Finance LP Farms & Boardroom Launch
Tomb fork on Avalanche.
The farms begin at 1pm UTC (the time this event is set for) and the boardroom begins 6 hours later at 7pm UTC.
- Stake HERO-USDC (35,700 HEROSHARE) and HSHARE-USDC (23,800 HEROSHARE) in the farms for HEROSHARE rewards
- Stake HEROSHARE in the boardroom for HERO rewards
- During expansion, newly minted HERO is distributed as follows:
- 90% to HEROSHARE stakers in the boardroom
- 7% to the DAO
- 3% to the team, vested over 150 days
- HERO is the algo-stable, pegged to 0.1 USDC
- HEROSHARE is the shares token, with a max supply of 70,000
- 1 for initial liquidity
- 5499 for the team, vested linearly over 150 days
- 64,500 for farming rewards over 150 days
- HBOND is the bonding otken
- The HERO and HEROSHARE contracts have been renounced