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Home All Events - Ape O'Clock Reactor Fusion Pre-mining Launch

Date

Apr 23 2023
Expired!

TimeUTC

3:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Apr 23 2023
  • Time: 11:00 am

Status

Active

Reactor Fusion Pre-mining Launch

Launch of $RF token pre-mining pools for a lending and borrowing protocol on ZkSync Era.

DETAILS
  • Launch Details
    • Pre-mining event will be held on Reactor Fusion
    • Duration: 1 day(s)
    • Suppliers and borrowers of both ETH and USDC will receive $RF rewards from the allocated pre-mining pools
    • Rewards distribution: 250,000 $RF rewards – 125,000 $RF for ETH pool, 125,000 $RF for USDC pool
    • Claims will be available 1 week after the end of the presale (estimated April 30)
    • $RF token is scheduled to listed on April 24 on Velocore DEX
  • Mechanics & Features
    • Reactor Fusion is a Compound finance fork + Bribe-reward ve(3,3) mechanics
    • Borrow collateral ratio can range between 0-90%
    • RF rewards will be distributed to users who supply/borrow tokens (ETH, USDC)
    • $RF emissions decrease over time, with a 7% reduction per month
    • $RF can be staked to receive $sRF
    • $RF stakers receive 90% of the protocol revenue as $RF, and 90% of $VC earned through farming on Velocore
    • $sRF can be unstaked back to $RF after 7 days
  • Tokenomics
    • Token symbol: RF
    • Initial supply: 100,000,000
      • 13% — Public sale (100% TGE – price: 0.0000229 RF/ETH)
      • 4.6% — Liquidity (RF/ETH)
      • 60% — Rewards + Bribes (Community)
      • 11% — Core Team (3 months cliff, then 2-year vest)
      • 2% — Community (Public Sale Farming Pool, marketing promotions)
      • 9.4% — Ecosystem fund
Links & Resources
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Blockchain

zkSync