ChocoDoge LP Farms Launch

New algorithmic stablecoin protocol, pegged 1:1 to USDC on DogeChain.

❌ Contracts unverified at time of review.

DETAILS

• LP Farms
  • LP farms will run for 104 weeks
  • Stake LP tokens in the farms to earn $CD
  • 200,000 $CD to be distributed across the following pools;
    • 19,500 — $USCD/USDC LP pool
    • 19,500 — $CD/USDC LP pool (opens 1 day after $USCD/USDC pool)
  • 30,000 $CD will be distributed in the first week, then decreases by 15% weekly over 104 weeks
  • In the first 3 weeks, 35% of the $CD rewards can be claimed, with no lock up. The remaining rewards will be released 16.25% every 30 days (4 releases in total)
  • No deposit or withdrawal fee
  • $CD earned can be staked in the Boardroom to earn $USCD
  • Boardroom opens on Sept. 13

• Tokens
  • $USCD is the algo-stable, pegged 1:1 to USDC
    • Initial supply: 100,101 allocated as follows:
      • 100,100 — Genesis farming
      • 1 — Pre-mint for Initial liquidity
  • $CD is the shares (and governance) token
    • Total supply: 200,001 allocated as follows:
      • 200,000 — Farming rewards (vested linearly over 728 days)
      • 1,000 — Pre-mint for initial liquidity
  • $USBD is the bond token