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Home All Events Private Island Finance Genesis Pools Launch

Date

May 23 2022
Expired!

TimePacific Time

8:00 am

Your Time

  • Timezone: America/New_York
  • Date: May 23 2022
  • Time: 11:00 am

Status

Active

Private Island Finance Genesis Pools Launch

Tomb fork on Fantom.

DETAILS
  • Genesis runs for 48 hours, distributing 27,500 COCONUT as follows:
    • 4000 to TOMB stakers
    • 3000 to BASED stakers
    • 3500 to USDC stakers
    • 3500 to FTM stakers
    • 2000 to BOO stakers
    • 2500 to DAI stakers
    • 9000 to COCONUT-TOMB stakers
  • All genesis pools have a 1% deposit fee, including the native COCONUT-TOMB LP
  • COCONUT is the algo-stable, pegged to TOMB
  • PALM is the shares token, with a max supply of 50,000
    • 8000 PALM for the team, vested linearly over 370 days
    • 42,000 PALM for farming rewards, over 370 days
  • SHELL is the bonding token
  • The COCONUT contract has been renounced, but the PALM contract has not
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