Trifold Finance Boardroom Launch
New tomb fork launch on BSC.
DETAILS
- Boardroom
- Stake $TRI in the boardroom to earn $FOLD rewards
- During expansion, newly minted $FOLD rewards are distributed as follows;
- 85% – Rewards for Boardroom stakers
- 10% – Team
- 5% – Treasury
- Boardroom will not mint $FOLD tokens while time weighted average price; TWAP < 1.01
- 65% of newly minted $FOLD during debt phase is allocated to the Treasury Fund to prepare for the $BOND Redemption
- Staked $TRI will be locked for 6 epochs (6 hours/epoch). Timer resets on every stake and rewards claim
- $FOLD rewards will be locked for 3 epochs (6 hours/epoch). Timer resets on every rewards claim and stake
- $BOND are available for purchase when $FOLD falls below peg
- Tokens
- $FOLD is the algo-stable, pegged to 1 USDC
- $TRI is the shares token, with a total supply of 100,000; allocated as follows:
- 85,000 – Farming Rewards (vested linearly over 6 months)
- 10,000 – Team (vested linearly over 45 days)
- 4,000 – Development fund (vested linearly over 45 days)
- 1,000 – Pre-mint for partnerships
- $BOND is the bond token