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

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