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Home All Events Panda Finance Genesis Pools Launch

Date

Jun 22 2022
Expired!

TimePacific Time

12:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Jun 22 2022
  • Time: 3:00 pm

Status

Rugged

Panda Finance Genesis Pools 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
  • Genesis pools will run for 48 hours, distributing a total of 24,000 PND as follows:
    • 10% to WAVAX
    • 10% to USDC
    • 45% to PND-USDC
    • 5% to PPNC
    • 10% to BAM
    • 15% to BDAO
    • 2% to BBOND
    • 3% to BAM-USDC
  • 1% deposit fee on WAVAX and USDC pools
  • 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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