Metis Tomb LP Farms Launch
February 9 update – the site and socials were deleted, and liquidity drained. Appears to have rugged.
New algorithmic stablecoin pegged 1:1 to METIS on Metis.
DETAILS
- LP Farms
- Farming emissions will last for 12 months
- Stake LP tokens to earn MSHARE rewards
- 50,000 MSHARE rewards to be distributed across the following pools;
- 20,000 — MTOMB/METIS
- 20,000 — MSHARE/METIS
- 10,000 — MTOMB
- No deposit or withdrawal fee
- Boardroom is scheduled to open on February 11, 2023, 8pm UTC
- Tokens
- $MTOMB is the algo-stable, pegged 1:1 to METIS
- Initial supply: 45,001
- 40,000 — Genesis rewards
- 5,000 — Airdrop
- 1 — Pre-mint for initial liquidity
- Initial supply: 45,001
- $MSHARE is the shares token
- Total supply: 60,001
- 50,000 — Farming rewards (vested linearly over 365 days)
- 5,000 — DAO fund (vested linearly over 365 days – 13.7 MSHARE/day)
- 5,000 — Dev fund (vested linearly over 365 days – 13.7 MSHARE/day)
- 1— Pre-mint for initial liquidity
- Total supply: 60,001
- $MBOND is bond token
- $MTOMB is the algo-stable, pegged 1:1 to METIS