Panda Finance Boardroom Launch
June 25 update – the project was rugged, again. The remaining team says it was a rogue developer.
Tomb fork on Avalanche. They are re-launching after an exploit or hack in May.
- Stake PDAO in the boardroom for PND rewards
- During expansion, newly minted PND is distributed as follows:
- 75% to PDAO stakers in the boardroom
- 20% to the DAO
- 5% to the team
- PND is the algo-stable, pegged to USDC
- PDAO is the shares token, with a max supply of 50,000:
- 38,000 for farming rewards
- 6000 for the DAO, vested over 250 days
- 4500 for the team, vested over 250 days
- 1500 for marketing, vested over 250 days
- PBOND is the bonding token
- Nodes returning 1% – 3% daily in PND are on the roadmap, but there is no launch date yet