PowTomb LP Farms 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
- A presale was held for POWSHARE on PandaSale with funds intended to be used to provide initial liquidity for POWTOMB/ETHW (30% of funds) and POWSHARE/ETHW (51% of funds)
- No genesis farming
- POWSHARE emissions in farms will last for 370 days
- When LP farms open, 30,000 POWSHARE to be distributed across the following pools;
- 50% — POWTOMB/ETHW
- 40% — POWSHARE/ETHW
- 10% — POWTOMB/POWSHARE
- Boardroom is scheduled to open 24 hours after farms open
- 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
- Total supply: 39,502
- $POWBOND is the bond token