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Home All Events Outback Finance Launch


Apr 27 2022

TimePacific Time

10:00 am

Your Time

  • Timezone: America/New_York
  • Date: Apr 27 2022
  • Time: 1:00 pm



Outback Finance Launch

April 26 update – launch moved to April 27.

April 16 update – The owner of this project originally KYC’d with Ape O’Clock. As of April 15, Outback was acquired by the Degen Finance team, and the original owner is no longer a part of leading the project – as such, the Ape O’Clock KYC was removed. Degen is headed by Tim Malcom, a doxxed TV personality. Tim has confirmed via his official, verified Twitter that he and his team are leading Outback Finance now.

Titano fork on Fantom, with Ape O’Clock KYC.

  • The launch process will consist of a whitelist presale, and public presale, and then the liquidity and dapp launch
  • Docs can be found here
  • Total initial supply: 300,000,000 ROO
    • 150,000,000 for the whitelist presale, at $0.01 per ROO
      • Minimum of $500 per wallet, maximum of $3000
    • 50,000,000 for the public sale, at $0.015 per ROO
      • Maximum per wallet is $50,000, with no minimum mentioned in docs
    • 50,000,000 team tokens for 5 team members, vested for 90 days
    • 50,000,000 to the treasury, for marketing, giveaways, burns and new team members
  • Listing price: $0.025 per ROO, with $600k of initial liquidity (assuming the presales are sold out)
  • The treasury will be invested as follows:
    • 20% to high risk adverse assets
    • 50% to stablecoin staking and yield farming
    • 30% to cross-chain yield farming and angel investments
  • Taxes are dynamic, based on how large a share of the ROO you have versus the LP – see docs for further details and example calculations
    • 5% of taxes go to the treasury
    • 10% to marketing
    • 10% to auto-liquidity
    • 75% is burnt

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