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Home All Events Tiger Finance LP Farms & Boardroom Launch

Date

Jul 23 2022
Expired!

TimePacific Time

5:00 am

Your Time

  • Timezone: America/New_York
  • Date: Jul 23 2022
  • Time: 8:00 am

Status

Active

Tiger Finance LP Farms & Boardroom Launch

July 21 update – there was some issue with the UI at the time of the genesis launch, and the team deployed a fix. This fix was quickly identified as having malicious code. Investors notified the team and the public in the Discord chat, and were banned. Then, the team says they realized the code was in fact malicious and removed it from the site. They say a rogue team member was responsible for the code, and they have fired him. They plan to re-deploy to start fresh.

New Tomb fork on Polygon.

DETAILS
  • LP Farms
    • Duration: 365 days
    • End Time: July 23, 2023 1:00 PM UTC
    • Stake $TIGER in the Farms to earn $LION rewards
    • 100,000 $LION rewards distributed across the following pools:
      • 60% – $TIGER / MATIC LP pool
      • 40% – $LION / MATIC LP pool
    • 0% deposit and withdrawal fee on LP pools
    • Operator can drain the pools 90 days after Farms ends
  • Boardroom
    • Boardroom opens 1 hour after LP Farms
    • Stake $LION in the boardroom to earn $TIGER rewards
    • During expansion, newly minted $TIGER rewards are distributed as follows;
      • 80% – Reward for boardroom stakers
      • 18% – DAO fund
      • 2% – Dev fund
    • Epoch time: 6 hours
    • Staked $LION be locked for 6 epochs. Timer resets on every stake and rewards claim
    • $TIGER rewards will be locked for 3 epochs. Timer resets on every rewards claim and stake
  • Tokens
    • $TIGER is the algo-stable, pegged 1:1 to MATIC
      • Initial supply: 70,800; allocated as follows:
        • 64,800 – Genesis pool
        • 6,000 – Initial liquidity
    • $LION is the shares token
      • Total supply: 199,010; allocated as follows:
        • 180,000 – Farming rewards (vested linearly over 365 days)
        • 10,000 – Dev fund (vested linearly over 180 days; approx. 55.55 $LION/day)
        • 9,000 – Treasury (vested linearly over 180 days; approx. 50 $LION/day)
        • 10 – Pre-minted for initial liquidity
    • $wTIGER is the bond token
  • ❌ Contract creator is the Operator for $LION and LionRewardPool contracts, at time of review on July 17, 2022
  • Token ownership RENOUNCED for $TIGER, $LION, $wTIGER token contracts
  • Operator transferred to TREASURY for $TIGER, $LION, $wTIGER, Boardroom contracts
  • Operator set to ZERO address for GenesisRewardPool contract
  • Operator set to Gnosis Multisig for Treasury contract. Members of the multisig not known
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