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Home All Events - Ape O'Clock Ravelin Finance Protocol Launch


May 02 2022

TimePacific Time

2:00 pm

Your Time

  • Timezone: America/New_York
  • Date: May 02 2022
  • Time: 5:00 pm



Ravelin Finance Protocol Launch

New Tomb fork on Milkomeda.

  • Stake RSHARE in the boardroom to earn more RAV
  • Deposit/ withdrawal has a lockup period of 6 Epochs, harvest lockup to 3 Epochs
  • RAV in the boardroom will be distributed as follows:
    • 75% as Reward for Boardroom RSHARE stakers
    • 20% goes to DAO fund
    • 5% goes to DEV fund
  • RAV is the algostable, pegged to the price of ADA
  • RSHARE is the shares token; with 110,001 total supply
    • 90,000 RSHARE to RAV-ADA LP & RSHARE-ADA LP, distributed over 12 months
    • No info on how the remaining is distributed
  • RBOND is the bond token
  • RAV ownership has been renounced
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