Rodeo Finance Relaunch

Launch on Arbitrum. The team has not announced a time, only that it is July 24. This time is a placeholder.

DETAILS

• Relaunch & Remediation Details
  • The protocol lost $880k in an exploit
  • $500k initial + $75k every week will be deposited to the lending pools for lenders to redeem
  • Farms using the Rodeo Camelot v2 TWAP price oracle (origin of the exploit) have been removed
  • Farms live at relaunch:
    • GLP
    • plvGLP
    • Remaining farms will relaunch after final risk assessment is concluded
      • The withdraw function will open for those who were in a farm that is not yet re-opened
• Tokenomics
  • Max supply: 100,000,000 RDO
    • 9.6% – seed round
    • 12% – public sale
    • 4.5% – POL
    • 1% – airdrops
    • 30% – liquidity provider rewards
    • 10% – partner invcentives
    • 17.9% – ecosystem
    • 15% – team