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

Related Posts