ArbTomb Genesis Pools Launch
April 18 update – site & socials are gone and liquidity drained.
New algorithmic stablecoin pegged 1:1 to ARB on Arbitrum.
DETAILS
- Launch Schedule
- Genesis farms – April 17, 6pm UTC
- LP Farms – April 21, 6pm UTC
- Boardroom – TBA
- Genesis Farms
- Duration: 7 days (ends April 24)
- Stake in available genesis pools to earn $PARB rewards
- Total rewards: 70,000 $ARB
- Genesis pools and pool allocations/weightings:
- Non-native pools:
- ARB — 4,200
- WETH — 4,200
- USDC — 4,200
- Native pools:
- PARB/ARB — 53,200
- xARB — 4,200
- Non-native pools:
- Deposit fee: 0.5% (non-native pools); 0% (native pools)
- Withdrawal fee: 0%
- Tokens
- $PARB is the algo-stable, pegged 1:1 to ARB
- Initial supply: 79,000
- 70,000 — Genesis rewards
- 1,000 — DAO fund
- 8,000 — Initial liquidity (PARB/ARB)
- Initial supply: 79,000
- $SARB is the shares token
- Total supply: 15,000
- 14,500 — Farming rewards (vested linearly for 365 days)
- 500 — Initial liquidity (SARB/ARB)
- Total supply: 15,000
- $xARB is the escrowed version PARB, a non-transferable governance token
- $BBOND is bond token
- $PARB is the algo-stable, pegged 1:1 to ARB