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Home All Events - Ape O'Clock Atlantis Finance AETH Genesis Pools Launch

Date

Jan 24 2023
Expired!

TimeUTC

6:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Jan 24 2023
  • Time: 1:00 pm

Status

Active

Atlantis Finance AETH Genesis Pools Launch

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

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

DETAILS
  • Genesis Farms
    • Genesis emissions will last for 48 hours
    • 10 AETH rewards to be distributed across the following pools:
      • 10% — WHALE
      • 15% — WHALE/USDC
      • 10% — AFISH/FISH
      • 20% — USDC
      • 20% — USDT
      • 20% — WETH
      • 20% — WBTC
      • 20% — FRAX
      • 5% — FISH
    • 2% deposit fee on WHALE pool, 1% deposit fee on other pools
    • No withdrawal fee
    • Genesis contract operator can drain funds 90 days after genesis ends
    • AETH/ETH LP farms is scheduled to open 12 hours after genesis begins
    • AETH Boardroom is scheduled to open on January 27, 6pm UTC
  • 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

Blockchain

Arbitrum