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Home All Events Redalert Finance Full Protocol Launch

Date

Mar 12 2022
Expired!

TimePacific Time

4:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Mar 12 2022
  • Time: 7:00 pm

Status

Active

Redalert Finance Full Protocol Launch

Tomb fork on Avalanche.

DETAILS
  • Stake RSHARES in the boardroom for REDALERT rewards
  • REDALERT is the algo-stable, pegged to the price of AVAX 10:1
  • RSHARES is the shares token
    • REDALERT-AVAX: 35,500 RSHARES
    • RSHARE-AVAX: 24,000 RSHARES
    • 10,500 for the team, vested over 12 months
    • 1 for initial liquidity
    • Docs say they have a DAO fund, but do not indicate how many RSHARES will be allocated to the DAO fund
    • It’s unclear if the treasury will receive a portion of the RSHARES
  • RBOND is the bonding token
  • During expansion:
    • 80% of the minted REDALERT goes to RSHARES stakers in the boardroom
    • 18% to the DAO fund
    • No info on where the other 2% goes
Related Launches

Blockchain

AVAX

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