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Home All Events Lycan Finance LP Farms Launch

Date

Sep 05 2022
Expired!

TimePacific Time

12:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Sep 05 2022
  • Time: 3:00 pm

Status

ActiveFeatured

Lycan Finance LP Farms Launch

ALERT

Disclaimer: Hard rug code was discovered in the initial GenesisPool contract as reported by RugDoc. New contracts were deployed but with different rug code added (infinite allocation via Treasury, drain boardroom, drain rewards from Genesis).

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

DETAILS
  • LP Farms
    • Duration: 12 months
    • Stake LP tokens in the farms to earn $LSHARE
    • 85,000 $LSHARE rewards distributed across the following pools:
      • 50% — $LYCAN / BUSD LP pool
      • 50% — $LSHARE / BUSD LP pool
    • No deposit or withdrawal fee
  • Tokens
    • $LYCAN is the algo-stable, pegged 1:1 to BUSD
      • Initial supply: 22,000 allocated as follows:
        • 20,000 — Genesis farming
        • 2,000 — Airdrop
    • $LSHARE is the shares token
      • Total supply: 100,001 allocated as follows:
        • 85,000 — Farming rewards (vested linearly over 350 days)
        • 13,000 — Treasury (vested linearly over 150 days — 86.67 $LSHARE/day)
        • 2,000 — Team (vested linearly over 300 days — 6.67 $LSHARE/day)
        • 1 — Pre-mint for initial liquidity
    • $LBOND is the bond token
    • Token ownership renounced for $LYCAN contract [tx]

Whitepaper

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