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Home All Events - Ape O'Clock Kandyland Protocol Launch


Jun 01 2022

TimePacific Time

3:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Jun 01 2022
  • Time: 6:00 pm



Kandyland Protocol Launch

Fantasm fork on BSC.

  • LAND is the algo-stable, pegged to 0.01 BNB
  • KANDY is the utility token, with a total supply of 30,000,000
    • 70% for farming rewards
    • 10% to the DAO, vested over 3 years
    • 10% to the team, vested over 3 years
    • 10% to the treasury, vested over 3 years
  • 0.4% fee for minting LAND, and 0.5% fee for redeeming LAND
  • Stake LAND-BNB (60% of rewards) and KANDY-BNB (40% of rewards) in the farm for KANDY rewards
    • All KANDY rewards from the farms have a 4 week vesting period
    • KANDY claimed before the vesting time ends, there is a 50% penalty fee
  • Stake KANDY for BNB rewards from platform fees
  • Lock KANDY for 4 weeks for BNB and KANDY rewards from platform fees and penalty fees