Mystik Finance Full Protocol Launch
April 23 update – site is gone, according to RugDoc they stole all funds deposited for genesis.
New Tomb fork on Avalanche.
The contracts is set to launch the boardroom before the MSHARE rewards farms, which is unusual.
- Stake MSHARE in the boardroom to earn more MYSTIK
- Deposit/ withdrawal has a lockup period of 4 Epochs, harvest lockup to 2 Epochs
- Each epoch is for 6 hours
- MYSTIK during expansion is distributed as follows:
- 80% as Reward for Boardroom MSHARE stakers
- 15% goes to DAO fund
- 5% goes to DEV fund
- MYSTIK is the algostable, pegged to the price of GRAPE
- MSHARE is the shares token; with 60,001 total supply
- No info on how it is distributed
- MBOND is the bond token