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Home All Events - Ape O'Clock Uni Finance FTM Genesis Pools Launch

Date

Jun 23 2022
Expired!

TimePacific Time

10:00 am

Your Time

  • Timezone: America/New_York
  • Date: Jun 23 2022
  • Time: 1:00 pm

Status

Rugged

Uni Finance FTM Genesis Pools Launch

July 4 update – site and socials are gone. Team drained liquidity after their Avalanche launch.

New Tomb fork on Fantom.

DETAILS
  • Genesis will run for 72 hours
    • ❌ No info on how many uFTM will be distributed during genesis
  • Stake uFTM-FTM LP; WFTM; ETH & USDC to earn uFTM
  • 2% deposit fee on WFTM, ETH & USDC pools
  • uFTM is the algo-stable, pegged to FTM
  • UNI is the shares token, with a total supply of 1,000,000
    • 830,000 for cross-chain deployment
    • 170,00 for farming rewards distributed over 12 months
    • 90,626 for the team vested linearly over 120 days
    • 45,000 for the DAO vested linearly over 120 days
    • ❌ These numbers don’t total 1,000,000; so something in incorrect in their documentation
  • bFTM is the bonding token
  • Token ownership for uFTM & bFTM has been renounced
  • Their roadmap includes launching cross-chain
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