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.

DETAILS

• 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

• Tokenomics
  • 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