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Home All Events PowTomb Boardroom Launch

Date

Oct 01 2022
Expired!

TimePacific Time

1:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Oct 01 2022
  • Time: 4:00 pm

Status

Active

PowTomb Boardroom Launch

Algorithmic stablecoin pegged 1:1 to ETHW on EthereumPOW.

❌ Note: Contracts are unverifiable on Oklink blockchain explorer. Team has added the contract source code on their docs for review. However, there’s no way to verify that the contracts are the ones deployed.

DETAILS
  • Launch Details
    • Stake POWSHARE in the boardroom to earn POWTOMB rewards
    • During expansion, newly minted POWTOMB rewards are distributed as follows;
      • 1000% — Reward for boardroom stakers
    • Epoch duration: 8 hours
    • Staked POWSHARE locked for 4 epochs and POWTOMB rewards locked for 2 epochs
  • Tokens
    • $POWTOMB is the algo-stable, pegged 1:1 to ETHW
    • $POWSHARE is the shares token
      • Total supply: 39,502
        • 30,000 — Farming (vested linearly over 370 days)
        • 1,000 — Presale
        • 4,000 — Community fund (vested linearly over 300 days)
        • 4,000 — Dev fund (vested linearly over 300 days)
        • 502.35 — Liquidity
    • $POWBOND is the bond token
Links & Resources
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