Waterfall Finance EthPoW Farm Launch
November 17 update – this didn’t happen, no next steps announced.
November 15 update – not sure if this is still happening, their liquidity launch today happen as planned, no updates.
Yield farm on Ethereum POW, from Waterfall DeFi team that previously launched several farms.
- Launch Details
- Stake LP tokens in farms and earn $WATERFALL rewards
- Stake single-side tokens in staking pools and earn $WATERFALL rewards
- 4% deposit fee on non-natives; 0% on natives
- No harvest lockup on rewards
- 5% transfer tax on $WATERFALL, no transfer tax on farming
- Farming emission: 0.01 $WATERFALL/second for the first 5 hours, then adjusted to 0.008 WATERFALL/second
- 10% of emissions minted to Dev address
- Dividend pools – 3 days after farming begins, dividends pools will open and users can stake $WATERFALL to earn alternative tokens such as USDC
- Token symbol: WATERFALL
- Total supply: 80,000
- 500 — Seed round
- ❌ No information available on how the remaining supply is allocated
- 5% transfer tax
- 4% to liquidity
- 1% to burn