Ooze Finance Boardroom Launch
July 17 update – they’ve closed the Telegram chat, and removed the ability to comment on their Twitter posts. Liquidity is drained.
New Tomb fork on Cronos.
DETAILS
- Boardroom
- Stake $OOSHARE in the boardroom to earn $OOZE rewards
- During expansion, newly minted $OOZE rewards are distributed as follows;
- 80% – Reward for boardroom stakers
- 15% – DAO fund
- 5% – Dev fund
- Epoch time: 6 hours
- Staked $OOSHARE be locked for 4 epochs. Timer resets on every stake and rewards claim
- $OOZE rewards will be locked for 2 epochs. Timer resets on every rewards claim and stake
- Tokens
- $OOZE is the algo-stable, pegged 1:1 to DAI
- Initial supply: 27,001; allocated as follows:
- 2,400 – Genesis pool
- 21,600 – $OOZE farming rewards
- 1,000 – Airdrops
- 2,000 – Initial liquidity
- 1 – Pre-minted for initial liquidity (held by contract creator, at time of review)
- Initial supply: 27,001; allocated as follows:
- $OOSHARE is the shares token
- Total supply: 50,001; allocated as follows:
- 41,000 – Farming rewards (vested linearly over 370 days)
- 4,500 – Dev fund (vested linearly over 300 days; approx. 15 $OOSHARE/day)
- 4,500 – DAO fund (vested linearly over 300 days; approx. 15 $OOSHARE/day)
- 1 – Pre-minted for initial liquidity
- Total supply: 50,001; allocated as follows:
- $OOBOND is the bond token
- $OOZE is the algo-stable, pegged 1:1 to DAI
Token ownerships not renounced, at time of review on July 16, 2022
Contract creator is the Operator for all contracts, at time of review on July 16, 2022