Yugen Finance Fair Launch

January 20 – still no launch time announced, just “some time today.”

January 19 update – they launched the Polygon farm today, and the token is still launching January 20, but no time has been announced. I’m setting this for noon UTC as a placeholder. The FTM launch is TBA.

January 13 update – launch will be January 20.

January 12 update – launch is being delayed till next week, they want to have CMC and CoinGecko listings up.

New farm launching on Fantom and Polygon.

DETAILS

• Total supply: 20,000 YGN (10,000 in SpookySwap LPs and 10,000 in QuickSwap LPs)
• The protocol’s TVL will be used to generate yield at other farms (delegated farming), and all yield will be used to buyback YGN, and then distribute that bought-back YGN to reward YGN farmers and stakers
• Per the above, no additional YGN will be minted during the protocol’s life; 20,000 YGN is it
• Staked YGN earns xYGN, which receives 10% of the protocol’s total revenue
• Listing price: $0.50

It’s unclear if the protocol launches on this date as well, or if it’s just the token fair launch.