Atlantis Finance AETH Boardroom Launch

New algorithmic stablecoin pegged 1:1 to ETH on Arbitrum.

$AETH is second algo-stable token in the Atlantis Finance multi-peg ecosystem.

DETAILS

• Boardroom
  • Stake WHALE in the Boardroom to earn AETH rewards
  • During expansion, newly minted AETH rewards will be distributed as follows;
    • 70% — Reward for Boardroom stakers
    • 15% — DAO fund
    • 15% — DEV fund
  • Boardroom only prints new AETH tokens when TWAP > 1.01
  • Epoch duration: 6 hours
  • Staked WHALE is locked for 6 epochs and AETH rewards locked for 2 epochs (every deposit/claim/withdrawal resets the lockup timer)
  • 1% staking fee; 0% unstake fee during expansion

• Tokens
  • Algo-stable tokens;
    • $AETH is the algo-stable, pegged to 1:1 to ETH
    • $AFISH is the algo-stable, pegged 1:1 to FISH
  • $WHALE is the shares token
    • Total supply: 100,001
      • 70,000 — Farming rewards (vested linearly over 365 days)
      • 20,000 — DAO fund (vested linearly over 365 days – 54.8 WHALE/day)
      • 9,999 — Dev fund (vested linearly over 365 days – 27.4 WHALE/day)
      • 1— Pre-mint for initial liquidity
  • $BFISH is AFISH bond token
  • $ETHBOND is the AETH bond token
  • Contract ownership renounced on $AFISH [tx] and $WHALE [tx] contracts