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Home All Events SnowThrive Genesis Pools & POWDER Rewards Launch

Date

Mar 30 2022
Expired!

TimePacific Time

5:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Mar 30 2022
  • Time: 8:00 pm

Status

Active

SnowThrive Genesis Pools & POWDER Rewards Launch

New Tomb fork on Avalanche.

DETAILS
  • The genesis pools will last for 3 days, distributing a total of 24,000 THRIVE
  • 0.5-1% deposit fee on genesis pools
  • In addition to the regular genesis pools, single-stake of DIGITS to earn POWDER will begin at this time
  • THRIVE is the algostable, pegged to the price of 1 GMX
  • POWDER is the shares token; with 50,101 total supply
    • 5,000 POWDER to treasury vested linearly over 12 months
    • 5,000 POWDER to team vested linearly over 12 months
    • 5,000 POWDER to DAO vested linearly over 12 months
    • 35,000 POWDER to staking pools distributed over 12 months
    • 101 POWDER to initial mint
  • STBOND is the bond token
  • Taxes:
    • 0.5% tax on the POWDER-GMX staking pool, all to liquidity
    • 1.5% tax when unstaking from the THRIVE-GMX and POWDER-GMX staking pools, all to liquidity
    • 1% tax on THRIVE when creating THRIVE-GMX liquidity, all to burn
    • 1% tax on buys and sells of THRIVE, all to burn
    • 1% tax on selling POWDER, all to the treasury
Related Launches

Blockchain

AVAX

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