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Home All Events - Ape O'Clock Olympus Finance 2 Full Protocol Launch


May 14 2022

TimePacific Time

10:00 am

Your Time

  • Timezone: America/New_York
  • Date: May 14 2022
  • Time: 1:00 pm



Olympus Finance 2 Full Protocol Launch

Layer 2 Tomb fork on Fantom by the Olympus Finance team.

  • Stake THERMES-FTM LP (35,500 TARES) & TARES-FTM LP (24,000 TARES) in the farms to earn TARES
  • Rewards last for 12 months
  • Stake TARES in the boardroom for more THERMES
  • Deposit/ withdrawal has a lockup period of 6 Epochs, harvest lockup to 3 Epochs
  • During expansion, minted THERMES is distributed as follows:
    • 60% to TARES stakers in the boardroom
    • 30% to the DAO
    • 10% to the dev
  • THERMES is the algostable, pegged to the price of FTM
  • TARES is the shares token; with 59,501 total supply
    • 59,500 TARES to staking pools
    • 1 TARES for initial mint
  • TPLUTO is the bond token
  • Roadmap includes farming token (TZEUS) launch
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