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Home All Events Moonnest Genesis Pools Launch

Date

May 30 2022
Expired!

TimePacific Time

6:00 am

Your Time

  • Timezone: America/New_York
  • Date: May 30 2022
  • Time: 9:00 am

Status

Active

Moonnest Genesis Pools Launch

Tomb fork on BSC.

DETAILS
  • Genesis pools will run for 1 or 3 days, distributing a total of 500,000 PLATO
    • If TVL is above $300k, genesis will run for 1 day
    • If TVL is under $300k, genesis pools will run for 3 days
    • Reward allocations are as follows:
      • ETH: 2.5x
      • WBNB: 2.5x
      • PLATO-ETH: 5x
    • There is no mention of a deposit fee for genesis
  • PLATO is the algo-stable, pegged at a ratio of 4000 PLATO to 1 ETH
    • Initial supply: 2,000,000
      • 500,000 for Genesis pools
      • 1,500,000 to the DAO
    • PLATO has a 5% tax on sells when PLATO is under peg
  • MSHARE is the shares token, with a max supply of 50,000
    • 10,000 for the DAO
    • 8750 for insurance
    • 6250 for development
    • 25,000 for farming rewards, over 1 year
  • This protocol does not use a bonding token, in favor of the PLATO tax described above
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