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
- Total supply: 100,001
- $BFISH is AFISH bond token
- $ETHBOND is the AETH bond token
- Contract ownership renounced on $AFISH [tx] and $WHALE [tx] contracts
- Algo-stable tokens;