SkyTomb Finance Genesis Pools Launch

April 25 update – the site and Telegram are deleted, and the tokens have no liquidity. We’re not sure if they provided liquidity and then removed it, or if it was never provided in the first place.

New algorithmic stablecoin pegged 1:1 to USDC on Arbitrum.

DETAILS

• Launch Schedule
  • Genesis farms – April 26, 5am UTC
  • LP Farms – April 28, 5am UTC
  • Boardroom – TBA

• Genesis Farms
  • Duration: 2 days (ends April 28)
  • Stake in available genesis pools to earn $SKY rewards
  • Total rewards: 20,000 $SKY
  • Genesis pools and pool allocations/weightings:
    • Non-native pools:
      • WETH — 25%
      • USDC — 45%
    • Native pools:
      • SKY — 20%
      • SSHARE — 10%
  • Deposit fee: 1% (non-native pools); 0% (native pools)
  • Withdrawal fee: 0%
  • Genesis contract — Operator renounced [tx]

• Tokens
  • $SKY is the algo-stable, pegged 1:1 to USDC
    • Initial supply: 21,500
      • 20,000 — Genesis rewards
      • 1,500 — Initial liquidity (SKY/USDC)
  • $SSHARE is the shares token
    • Total supply: 55,001
      • 50,000 — Farming rewards (vested linearly for 180 days)
      • 5,000 — Dev fund (vested linearly for 180 days – 27.78 $SSHARE/day)
      • 1 — Initial liquidity (SSHARE/USDC)
  • $SBOND is bond token