Hope Finance Genesis Launch
February 20 update – the TVL of approximately $2M was rugged.
Algorithmic stablecoin on Arbitrum.
DETAILS
- Genesis lasts for 7 days, distributing 20,000 HOPE as follows:
- 30% – WETH
- 30% – USDC
- 40% – HOPE/WETH
- 1% – 0.2% deposit fee
- Leverage trading available on USDC and WETH pools
- 0.15% funds back tax per day
- 5% profit tax
- Referral commission of 50% of the deposit fee
- HOPE is the algo-stable, pegged to ETH
- DREAM is the shares token, with a max supply of 70,000
- 5500 to the DAO, vested over 180 days
- 2499 to the team, vested over 180 days
- 62,000 for farming rewards, over 180 days
- WISH is the bond token