Ooze Finance Genesis Pool 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.

❌ Note: The team says Genesis Pools begin on July 17, 4:30 PM UTC (the time this launch is set for), but the Genesis Reward Pool contract is set to begin on July 17, at 5:30 PM UTC.

DETAILS

The algo-stable token ($OOZE) will be distributed by 2 separate rewards pools. $OOZE distribution begins with Genesis Reward pools for 24 hours, after which $OOZE will be distributed by the OOZE Reward pool for 9 days.

• Genesis Pools
  • Duration: 24 hours
  • 2,400 $OOZE rewards distributed across the following pools:
    • 35% – $DAI pool
    • 15% – $WCRO pool
    • 50% – $OOZE / DAI LP pool
  • 0% deposit and withdrawal fee
  • Operator can drain the pools 30 days after genesis ends

• 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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