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Home All Events The Ant Finance Farms & Boardroom Launch

Date

May 17 2022
Expired!

TimePacific Time

6:00 pm

Your Time

  • Timezone: America/New_York
  • Date: May 17 2022
  • Time: 9:00 pm

Status

Active

The Ant Finance Farms & Boardroom Launch

July 10 update – They rugged a subsequent project, Bee Finance.

May 18 update – there was a problem with the contracts and they need to re-deploy and re-launch.

Tomb fork on Fantom from The Hive team.

No contracts, they say they will reveal the contracts 15 minutes before the launch.

The farms begin on May 18 at 1am UTC, and the boardroom begins 6 hours later at 7am UTC.

DETAILS
  • They are not using genesis pools
  • EGG is the algo-stable, pegged to USDC
    • There will be 5000 EGG pre-minted and used for initial liquidity, “anti-bots” and “increase circulating supply”
    • ❌ There is no information on how newly minted EGG is distributed between ASHARE stakers in the boardroom, the DAO, the team, etc.
  • ASHARE is the shares token, with a total supply of 100,000
    • 10,000 for the team, vested linearly over 12 months
    • 500 reserved for BEE staking (see Discord channel #hive-war-game for how to obtain BEE)
    • 85,000 for farming rewards
  • ABOND is the bonding token
  • Stake EGG-USDC, ASHARE-USDC and HONEY-FTM in the farms to earn ASHARE – pool weighting changes dynamically based on the EGG TWAP

Blockchain

FTM

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