Paid promotion. Always do your own research and use risk management.

Home All Events Starburst Finance LP Farms Launch

Date

Oct 16 2022
Expired!

TimePacific Time

5:00 am

Your Time

  • Timezone: America/New_York
  • Date: Oct 16 2022
  • Time: 8:00 am

Status

Rugged

Starburst Finance LP Farms Launch

October 17 update – all socials and the site are gone, although there is about $5k of liquidity left for each of their tokens.

New algorithmic stablecoin pegged 1:1 to ETH on Polygon.

DETAILS
  • LP Farms
    • Farming emission will last for 365 days
    • Stake LP tokens in the farms to earn SATURN
    • 60,000 SATURN to be distributed across the following pools;
      • 60% — MARS/WETH LP pool
      • 40% — SATURN/WETH LP pool
      • MARS/SATURN LP pool added later
    • No deposit or withdrawal fee
    • Boardroom opens 24 hours after LP farms
  • Tokens
    • $MARS is the algo-stable token, pegged 1:1 to ETH
      • Initial supply: 11.3
        • 10.3 — Genesis farming rewards
        • 1 — Pre-mint for initial liquidity
    • $SATURN is the shares token
      • Total supply: 80,001
        • 60,000 — Farming rewards (vested linearly over 100 days)
        • 15,000 — DAO fund (vested linearly over 365 days – 500 SATURN/day )
        • 5,000 — Dev fund (vested linearly over 365 days – 166.67 SATURN/day )
        • 1 — Pre-mint for initial liquidity
    • $MOON is the bond token
    • Ownership renounced for MARS [tx] contract

Blockchain

Polygon

Next Event

Paid promotion. Always do your own research and use risk management.