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Home All Events Pesto Finance LP Farms and Boardroom Launch


Jun 24 2022

TimePacific Time

9:00 am

Your Time

  • Timezone: America/New_York
  • Date: Jun 24 2022
  • Time: 12:00 pm



Pesto Finance LP Farms and Boardroom Launch

New Tomb fork on Fantom.

  • Stake PESTO-USDC LP & PSHARES-USDC LP in the farms to earn PSHARE
  • Rewards will last for 6 months
  • Stake PSHARE in the boardroom to earn more PESTO
  • Deposit/ withdrawal has a lockup period of 3 Epochs, harvest lockup to 1 Epoch
  • PESTO in the boardroom will be distributed as follows:
    • 90% as reward to PSHARE stakers
    • 6% to Treasury fund
    • 4% to DEV fund
  • PESTO is the algo-stable, pegged to USDC
  • PSHARE is the shares token
    • ❌ No info on the total supply or how it will be distributed
  • PBOND is the bonding token
  • Token ownership for PESTO & PSHARE has been renounced
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