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Home All Events Nightlife Finance VODKA LP Farms Launch

Date

Aug 11 2022
Expired!

TimePacific Time

7:00 am

Your Time

  • Timezone: America/New_York
  • Date: Aug 11 2022
  • Time: 10:00 am

Status

Active

Nightlife Finance VODKA LP Farms 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
  • LP Farms (“Night Club”)
    • Duration: 365 days
    • End Time: August 11, 2023 2:00 PM UTC
    • Stake LP tokens in the LP farms to earn $VODSHARE rewards
    • 30,000 $VODSHARE rewards distributed across the following pools:
      • 12,000— $VODSHARE / USDC LP pool
      • 10,000 — $VODKA / USDC LP pool
      • 4,000 — WHISHARE / WCRO LP pool (WHISHARE is the share token from Nightlife Finance layer-1 algo-stable protocol)
      • 4,000 — WHISKEY / WCRO LP pool (WHISKEY is the peg token from Nightlife Finance layer-1 algo-stable protocol)
    • No deposit or withdrawal fee on LP pools
    • Operator can drain the pools 90 days after farms 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
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