Nightlife Finance VODKA Boardroom Launch

New algorithmic stablecoin pegged 5:1 to USDC on Cronos.

This is a layer-2 launch of an algorithmic stablecoin from the Nightlife Finance team.

DETAILS

• Boardroom (“Red District”)
  • Stake $VODSHARE in the boardroom to earn $VODKA rewards
  • During expansion, newly minted $VODKA rewards are distributed as follows;
    • 75% — Reward for boardroom stakers
    • 20% — DAO fund
    • 5% — Dev fund
  • Epoch time: 6 hours
  • Staked $VODSHARE locked for 4 epochs
  • $VODKA rewards locked for 2 epochs

• Tokens
  • $VODKA is the algo-stable, pegged 5:1 to USDC
    • Initial supply: 40,500; allocated as follows:
      • 30,000 — Genesis pool
      • 500 — Initial LP wallet
      • 10,000 — Pre-mint for initial liquidity
  • $VODSHARE is the shares token
    • Total supply: 31,010; allocated as follows:
      • 30,000 — Farming rewards (vested linearly over 365 days)
      • 800 — DAO fund (vested linearly over 365 days — 2.19 $VODSHARE /day)
      • 200 — Dev fund (vested linearly over 365 days — 0.55 $VODSHARE /day)
      • 10 — Pre-mint for initial liquidity
  • $VODBOND is the bond token

• Ownership renounced for GenesisPool [tx], $VODKA [tx] contracts
• Operator transferred to Treasury for $VODKA[tx], $VODBOND [tx] contracts

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