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.

DETAILS

• 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