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Home All Events Nightlife Finance VODKA Genesis Pools Launch

Date

Aug 09 2022
Expired!

TimePacific Time

7:00 am

Your Time

  • Timezone: America/New_York
  • Date: Aug 09 2022
  • Time: 10:00 am

Status

Active

Nightlife Finance VODKA Genesis Pools 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
  • Genesis Pools (“Night Club”)
    • Duration: 2 days
    • 30,000 $VODKA rewards distributed across the following pools:
      • 6,000 — $VODKA / USDC LP pool
      • 6,000 — $VODKASHARE / USDC LP pool
      • 2,500 — WHISKEY / WCRO LP pool (WHISKEY is the peg token from Nightlife Finance layer-1 algo-stable protocol)
      • 2,500 — WHISHARE / WCRO LP pool (WHISHARE is the share token from Nightlife Finance layer-1 algo-stable protocol)
      • 2,000 — WHISHARE pool
      • 2,000 — USDC pool
      • 2,000 — USDT pool
      • 2,000 — WETH pool
      • 1,000 — MMF pool
      • 1,000 — MMO pool
      • 1,000 — SVN pool
    • 0.5% deposit fee on LP pools
    • 1% deposit fee on WHISHARE, USDC, USDT and WETH pools
    • 2% deposit fee on MMF, MMO and SVN pools
    • No withdrawal fee
    • Operator can drain pools 90 days after genesis ends
  • 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
Related Posts

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