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Home All Events Ooze Finance OOZE Rewards & LP Farms Launch

Date

Jul 18 2022
Expired!

TimePacific Time

9:30 am

Your Time

  • Timezone: America/New_York
  • Date: Jul 18 2022
  • Time: 12:30 pm

Status

Rugged

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
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