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Home All Events - Ape O'Clock Particles Money Emissions Launch

Date

Nov 16 2023
Expired!

TimeUTC

6:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Nov 16 2023
  • Time: 1:00 pm

Status

Active

Particles Money Emissions Launch

Fantasm fork on Base.

DETAILS
  • Protocol Details
    • Initial farms:
      • ETH/xETH: 20% of emissions
      • PARTICLE/ETH: 80% of emissions
    • Farm earnings are locked for 5 weeks, or users can early withdraw with a 50% penalty
    • Mint xETH with ETH; 0.35% fee
    • Redeem xETH for 90% ETH and 10% PARTICLE; 0.65% fee
  • Tokenomics
    • xETH: fractional algorithmic synthetic token, pegged to ETH
      • 0.3% tax on ETH/xETH swaps
        • 0.1% to liquidity providers
        • ❌ Remainder unknown
    • PARTICLE: governance token
      • Total supply: 30,000,000
        • 70% – liquidity mining
        • 10% – DAO
        • 10% – dev team
        • 10% – treasury
      • 1% tax
        • 80% to PARTICLE/ETH liquidity
        • 10% to liquidity providers
        • ❌ Remaining 10% – unknown
      • PARTICLE emissions begin at 77,294 per day, decaying per the below timetable
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