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Home All Events Waterfall Finance WTF LP Farms Launch

Date

Jul 18 2022
Expired!

TimePacific Time

5:00 am

Your Time

  • Timezone: America/New_York
  • Date: Jul 18 2022
  • Time: 8:00 am

Status

Active

Waterfall Finance WTF LP Farms Launch

July 16 update – relaunch sequence begins on July 17, with all new contracts.

July 15 update – team is planning to relaunch the protocol on July 16, it appears there were some issues with treasury contract, and they will be pegging 1:1 to BUSD.

New tomb fork launch on BSC from Waterfall Finance team, that previously launched yield farms on BSC and Fantom.

DETAILS
  • LP Farms
    • Stake LP tokens in the farm to earn $W2SHARE rewards
      • 50,000 $W2SHARE rewards will be distributed across the following pools:
        • 20,000 – $WTF2-BUSD LP pool
        • 20,000 – $W2SHARE-BNB LP pool
        • 7,500 – $WTF2 pool
        • 2500 – old WTF (V1)
    • 0% deposit and withdrawal fees on LP pools
    • $W2SHARE rewards will last for 12 months
  • Tokens
    • $WTF2 is the algo-stable, pegged 1:1 to BUSD
    • $W2SHARE is the shares token
      • Total supply: 55,001, allocated as follows:
        • 50,000 – Farming Rewards (vested over 12 months; approx. 137/day)
        • 5,500 – Team Fund (vested linearly over 12 months; approx. 15/day)
        • 1 – Pre-minted for Initial Liquidity
    • $W2BOND is the bond token
    • $xWTF is the governance token, earned by staking $WTF2
  • Token ownership renounced for $WTF2 and $W2SHARE contracts
  • Token operator transferred to Treasury for $WTF2 and $W2SHARE contracts
  • Roadmap includes launch of an auto-compounder and NFT staking
Related Launches

Blockchain

BSC

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