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Home All Events - Ape O'Clock Scrub Finance Full Protocol Launch

Date

Apr 09 2022
Expired!

TimePacific Time

5:00 am

Your Time

  • Timezone: America/New_York
  • Date: Apr 09 2022
  • Time: 8:00 am

Status

Active

Scrub Finance Full Protocol Launch

Tomb fork on Cronos.

DETAILS
  • Stake TIGER in the boardroom for more LION
  • During expansion, minted LION will be distributed as follows:
    • 80% to TIGER stakers in the boardroom
    • 10% to the DAO fund
    • 10% to the dev
  • LION is the algostable, pegged to the price of SVN
  • TIGER is the shares token; with 50,100 total supply
    • 5,000 TIGER to Treasury vested linearly over 12 months
    • 5,000 TIGER to team vested linearly over 12 months
    • 5,000 TIGER to DAO vested linearly over 12 months
    • 35,000 TIGER to staking pools distributed over 12 months
    • 100 TIGER for initial mint
  • LBOND is the bond token
  • Taxes will be as follows:
    • Liquidity staked in the TIGER-SVN staking pool is taxed at 0.5%, all to liquidity
    • Liquidity withdrawn from the LION-SVN and TIGER-SVN staking pools incur a 1.5% tax, all to liquidity
    • Adding LP to LION-SVN pair is taxed only on the LION side for 1%, all to be burned
    • Buys and sells of LION are taxed at 1%, all to be burned
    • Selling TIGER incurs a 1% tax, all to treasury
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