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Home All Events Ooze Finance Boardroom Launch

Date

Jul 22 2022
Expired!

TimePacific Time

9:30 am

Your Time

  • Timezone: America/New_York
  • Date: Jul 22 2022
  • Time: 12:30 pm

Status

Rugged

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)
    • $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
    • $OOBOND is the bond token
  • ❌ 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
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