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Home All Events Stable Finance V2 Genesis Pools Launch

Date

Jun 09 2022
Expired!

TimePacific Time

10:00 am

Your Time

  • Timezone: America/New_York
  • Date: Jun 09 2022
  • Time: 1:00 pm

Status

Active

Stable Finance V2 Genesis Pools Launch

Tomb fork by the Stable Finance team, this is a new layer for the project.

DETAILS
  • Genesis pools will last for 24 hours; where 15,000 STABLE2 will be distributed
    • 35% to STABLE2-USDC LP stakers
    • 15% to STABLE-USDC LP stakers
    • 10% to HORSE-USDC LP stakers
    • 20% to USDC stakers
    • 20% to WFTM stakers
  • 1% deposit fee
  • 15% Selling Tax on STABLE2 during genesis (will be reduced after 10 days)
  • STABLE2 is the algostable, pegged to the price of USDC
  • HORSE2 is the shares token; with 70,001 total supply
    • 59,500 HORSE2 to staking pools distributed over 135 days
    • 5,000 HORSE2 to dev team vested linearly over 135 days
    • 5,500 HORSE2 to DAO treasury vested linearly over 135 days
  • HORSESHOE2 is the bond token
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