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Home All Events Zest Protocol Farms Launch

Date

Jun 20 2022
Expired!

TimePacific Time

3:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Jun 20 2022
  • Time: 6:00 pm

Status

Active

Zest Protocol Farms Launch

June 18 – launch delayed to June 209.

New synthetic token launch (Fantasm fork) on Fantom.

❌ No contracts.

DETAILS
  • Farming will begin at this time
  • Max supply: 50,000,000 ZSP
    • 74.5% ZSP to staking pools
    • 7.5% ZSP to dev wallet with 2 years vesting & 4 weeks cliff
    • 5% ZSP to ZEST DAO with 2 years vesting with 4 week cliff
    • 8% ZSP to Treasury with 1 year vesting
    • 5% ZSP for airdrops
  • Each minting and redeeming of synthetic assets like FTMz on Zest incurs a 0.30% and 0.50% fee, respectively
  • Farmed ZSP have 8 weeks vesting period
  • Stakers also earn 50% of the penalty fee from ZSP/FTM and stable pool farmers who claim early
  • FTMz is the fractional algo synthetic token, pegged to the price of FTM
  • ZSP is the farming / utility token
Related Launches

Blockchain

FTM

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