OctoLSD Genesis Farm Launch

Farm launch for a Liquidity Staking Derivative (LSD) liquidity aggregation and distribution protocol on Ethereum.

DETAILS

• Launch Details
  • A total of 50 million $veOcto rewards will be distributed
  • $veOcto is the platform’s governance token – users stake $Octo to receive $veOcto
  • Rewards will be distributed across 3 phases
  • During Phase 1, which will last for 7 days, a total of 31,500,000 $veOcto rewards will be distributed across the following pools;
    • ETH Pool — 1,300,000 $veOcto/day
    • stETH Pool — 1,900,000 $veOcto/day
    • Octo/wETH LP pool — 1,300,000 $veOcto/day
  • During Phase 2, a total of 18.5 million $veOcto rewards will be distributed
    • fraxETH and rETH pools will be opened, additionally new pools will be available based on community voting and project partnerships
    • reward distribution ratio for each pool will be determined by the voting results and will be announced before the start of the phase
    • users can lock $veOcto to participate in voting

Links & Resources

Whitepaper / Docs

Chart

Contract Scanner Powered by De.Fi

Scanner Score: /100

Contract Checked: –

ISSUES

• 🟢 No informational, medium, high or critical risks detected.

Related Launches

* none *