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.

DETAILS

• 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

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