Atlantis Finance Genesis Pools Launch
New algorithmic stablecoin pegged 1:1 to FISH (SwapFish) on Arbitrum.
DETAILS
- Genesis Farms
- Genesis farming will last for 48 hours
- 100,000 AFISH rewards to be distributed across the following pools:
- 20% — FISH
- 10% — FISH/USDC
- 10% — FISH/WETH
- 10% — WETH/USDC
- 10% — WBTC/WETH
- 10% — DAI/USDC
- 10% — FRAX/USDC
- 10% — USDC/USDT
- ❌ Total allocation not equal to 100%; no information how the remaining rewards will be distributed
- 2% deposit fee on FISH pool, 1% deposit fee on other pools
- No withdrawal fee
- Contract operator can drain funds on genesis contract, 90 days after end of genesis (contract not renounced at time of review)
- LP farms is scheduled to open on January 18, 2023, 6pm UTC
- Boardroom is scheduled to open on January 19, 2023, 6pm UTC
- Tokens
- $AFISH is the algo-stable, pegged 1:1 to FISH
- Initial supply: 100,001
- 100,000 — Genesis rewards
- 1 — Pre-mint for initial liquidity
- Initial supply: 100,001
- $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 bond token
- Contract ownership renounced on $AFISH [tx] and $WHALE [tx] contracts
- $AFISH is the algo-stable, pegged 1:1 to FISH