Ooze Finance OOZE Rewards & LP Farms 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.

The algo-stable token ($OOZE) will be distributed by 2 separate rewards pools. $OOZE distribution began with Genesis Reward pools on July 17, 2022 for 24 hours, after which $OOZE is distributed by the OOZE Reward pool for 9 days.

DETAILS

• OOZE Reward pool
  • Duration: 9 days
  • End Time: July 27, 2023 4:30 PM UTC
  • 21,600 $OOZE rewards distributed across the following pools:
    • 5% – $DAI pool
    • 5% – $WCRO pool
    • 90% – $OOZE / DAI LP pool
    • $OOSHARE / WCRO LP pool may be added around halfway through the week
  • 0% deposit and withdrawal fee
  • Operator can drain the pools 30 days after the reward pool ends

• LP Farms
  • Duration: 370 days
  • End Time: July 23, 2023 4:30 PM UTC
  • Stake $OOZE in the Farms to earn $OOSHARE rewards
  • 41,000 $OOSHARE rewards distributed across the following pools:
    • $OOZE / DAI LP pool
    • $OOSHARE / DAI LP pool
    • ❌ No information available yet on the allocation points across the pools
  • 0% deposit and withdrawal fee
  • Operator can drain the pools 90 days after Farms 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

Related Posts