Star Financial Farms & Boardroom Launch
May 31 – socials and the site are gone and users are complaining their deposit was stolen.
Tomb fork on Avalanche.
The farms begin at 6pm UTC (the time this event is set for), and the boardroom two hours later at 8pm UTC.
- Stake SFSHARE in the boardroom for STAR rewards
- Stake STAR-MIM and SFSHARE-MIM in the farms for SFSHARE rewards
- ❌ There is no information on how much SFSHARE each farm is allocated
- During expansion, newly minted STAR is distributed as follows:
- 65% to SFSHARE stakers in the boardroom
- 20% to the DAO
- 10% to insurance
- 5% to the dev
- STAR is the algo-stable, pegged to MIM
- SFSHARE is the shares token, with a max supply of 70,000
- 11,500 to the DAO
- 5500 to the dev
- 53,000 for farming rewards over 12 months
- SBOND is the bonding token